Wealth and Power in Pre-World War I Europe: The Danger of Transitional Periods
Vienna's Ringstrasse Introduction Most of history has been the story of the struggle for power. Conflicts, wars, conquests, and civil wars among the political and warrior elites. Peasants who worked the fields for the landowning elites and paid taxes to the political elite, did not count for very much in this story. This narrative began to change with the coming of the American Revolution, the French Revolution, and the Industrial Revolution. New sources of wealth and power were created. The spread of literacy, the expansion of the franchise (right to vote), and the formation of political parties representing the new middle class and industrial workers in the 1900s, began to challenge the political dominance of king, the governments they appointed, and the landowning aristocracy that supported the status quo. This happened in Russia, Germany, and Austria-Hungary. In England, royalty had already lost most of its political power, and new laws passed by new political par