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This year marks the 90th Anniversary of the German Revolution of 1923. The tragic failure of this revolution marked a turning point and represented the end of the revolutionary wave that had swept Europe from 1917 onwards. It is no exaggeration to say that the consequences of the failure of the 1923 revolution determined the fate of Europe. A victory for the working class in Germany would have prepared the way for the European socialist revolution and would have changed the course of world history.