Don't be condescending at me.
I see my mistake. Lenin had a revolution and civil war to fight.
The Russian Revolution happened because despite rapid economic development, most of the wealth went to the monarchy and nobility.
Actually, the “monarchy” as in “imperial family” (all of it) was not in a very good financial situation. The total wealth was big but it was more or less fixed and operated at a low profit to avoid criticism for using a privileged position. Plus, even after AIII cut number of the Grand Dukes and Duchesses, there were still huge financial liabilities: each of them had been entitled to a considerable
defined income. OTOH, all of them had been obliged to maintain certain life style so the whole thing was very costly and could not be completely dropped without a loss of prestige. A lot of wealth was in the fixed assets like the family jewelry, palaces (which needed a maintenance), art collections, etc.
You can find details in the memoirs of GD Alexander Michailovich or GD Maria Pavlovna. Anyway, IIRC even prior to wwi most of the lands of imperial family had been put into the pool available to the distribution (contrary to the “common knowledge” by 1914 approximately 90% of the agricultural land belonged to the small holders).
As far as nobility goes, as a wealthy land-owning class it was pretty much destroyed by reform of AII. Of course, there were still some wealthy and not too wealthy landowners but in general the nobility became the “service class” (state or commercial) or intelligencia (look at the von Wrangel family: they were international aristocrats but out of two last pre-revolutionary generations father was working in various commercial companies, one son was and art dealer and magazine publisher and another, after getting a technical education, went to military service). The really rich top aristocratic families like Yusupovs had been rare.
Anyway, even before AII a majority of the nobility were “service people” with a little or no wealth of their own. The reforms just added opportunities in a private sector and eliminated most of the remaining landowners (as in “people who lived on the income from their estates”, not to be confused with the people who simply had a rural summer house with a little bit of land).
The main wealth was, as everywhere else, going to the capitalist/merchant class.
A competent monarch would not have let things get this bad. A good man would have given up his power to a more competent head of state in such a situation
I wonder if anybody ever declared that NII was a competent monarch. Not that I know of such a claim but I can easily miss it. 😂
Now, as far as being “a good man” is concerned, this is one of the ill-defined areas which could be argued ad nauseam without getting anywhere just because everybody is entitled to his own definition. It is safe to say that he was not a sadist like Ivan IV, not a tyrant like Peter I and was a faithful head of a family, unlike Catherine II, Nicholas I or AII. Was it enough to make him a “good man” depends on the point of view.
As for giving up power to a more competent person, this was not easy because the competent persons were in the short supply. It can be said that during the reign of NII power was in the hands of two (arguably) most competent ministers in the Russian history, Witte and Stolypin. But it is also a fact that while being a great economist and a competent railroads manager Witte, just based on these two competences, led Russia into a direction that paved the way to RJW. Based upon the
economic considerations he switched from traditional alliance with Japan to one with China, was one of the supporters of Port Arthur/Dalnii construction (both proved to be a disaster even before the war), re-oriented Trans-Siberian RR extension to China-Korea (causing tensions with Japan) neglecting the line going completely through Russia and causing a need to build a bridge across the Amur (a very complex project) during WWI (*). Due to the purely commercial considerations, the expensive projects like foundation of Murmansk and connecting railroad had to happen during WWI and Archangelsk had a narrow gauge RR causing big supply bottlenecks during wwi. Wasn’t it a duty of the ministers and General Staff to figure things out and to push the plans through? What about the Duma and Council of State? Where were all these competent people?
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(*) Stolypin was for it but Witte and progressive faction of the Council of State were against (speaking of the competence of the elective bodies).