The Mensheviks may have taken over? I don't remember who their leader was. There was that brief window of time when Russia could have been a democracy, but that leader was assasinated (Karensky) I believe. but I need to look that up.
Amagine how history would have bee different, if Russia was a democratic/ capitalist society back then. With all of those natural resources, and an efficient economic model, they could be the big dog in the world today.

There's a great documentary about this same theme, called: "The Russia that we lost."