This article was originally published by Ryan McMaken at The Mises Institute.  In January of 1917, V.I. Lenin was disappointed. He was living in exile in Zurich, having failed to bring about a communist revolution in Russia in the wake of the Russian Revolution of 1905. Yet, being a committed revolutionary, he refused to declare defeat. In a speech to socialists on January 22, Lenin described the failure to win a decisive battle against the Russian regime as a “temporary defeat.” Nonetheless, he did not know when a similar opportunity might arise, and he told his audience: We of the…

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