This article deals with the confiscation of property from the German-speaking inhabitants of Czechoslovakia and its redistribution to the new settlers of the Czech borderlands. It shows how the social revolution—that is, the emergence of an egalitarian postwar society—was made possible by the national revolution—that is, the expulsion of the German-speaking inhabitants of Central Europe. Using the example of the industrial center of Liberec in northern Bohemia, the author shows how the Czech administration that was established after the Second World War applied the dichotomy of the Czech–German conflict to an ethnically complex postwar society and how, despite the ideology of distributing property to the “Slavs,” non-Czech minorities were discriminated against with respect to redistribution. Eventually, she analyzes how postwar Czechoslovak society was shaped, with an emphasis on the material demands of workers and collectives, even as individuals sought to achieve a middle-class lifestyle through participation in property distribution.