1.d4 d5 2.c4 e6 3.Nf3 Nf6 4.Nc3 Nbd7 5.cxd5 exd5 6.Bf4 c6 7.e3 Nh5 8.Bd3 Nxf4 9.exf4 The first structural blow has been struck. The d4 pawn is isolated.
9...Bd6 10.g3 0-0 11.0-0 Re8 12.Qc2 Nf8 13.Nd1 f6 14.Ne3 Be6 15.Nh4 Bc7 16.b4 Alekhine begins typical minority action on the queenside. The goal is to give Black a weak pawn of his own on c6.
16...Bb6 Taking aim at the d4 pawn. This fantastic game between the former and future world champions is a great example of our theme. Weak pawns serve as distractions even when they can be successfully defended. White has to use his forces to watch the d-pawn. This inhibits his own attacking chances and also makes him vulnerable in other areas because his pieces are tied down.
17.Nf3 The first concession. The knight has to retreat.
17...Bf7 18.b5 Bh5 Indirectly pressuring d4 again by threatening to remove its defender.
19.g4 Bf7 The bishop's job is done, a major weakness has been created in the white kingside pawn structure on the dark squares. Note that this is a consequence of the need to protect d4.
20.bxc6 Rc8 21.Qb2 bxc6 Black also has a pawn weakness now, but it's easier to defend than d4 is for White.
22.f5 Or else ..Ng6-f4 is a menace.
22...Qd6 Eyeing the freshly weakened dark squares and the f4 square.
23.Ng2 Another concession to keep the queen out of f4.
23...Bc7 The bishop's job on b6 is done. The weakness of d4 allowed Lasker to create other weaknesses on the kingside and now he goes after those.
24.Rfe1 h5! White's delicate kingside is exploded. If the f3 knight is ejected or captured, h2 is next.
25.h3 Nh7 ..Ng5 is a lethal threat.
26.Rxe8+ Rxe8 27.Re1 Rb8 As usual the attacker wants to keep the pieces on the board.
28.Qc1 Ng5 29.Ne5 Desperation, but there is nothing else. [ 29.Nxg5 Qh2+ 30.Kf1 fxg5 31.Qxc6 Ba5 32.Rb1 Re8 ]
29...fxe5 [ 29...hxg4 30.Nxg4 Nf3+ ; 29...Nxh3+ There is no need to give Alekhine chances with a pawn storm in the center. 30.Kf1 fxe5 31.dxe5 Qb4 32.e6 Be8 ]
30.Qxg5 e4 31.f6 g6 32.f4 White has nothing better than to throw everything at the Black king and hope Lasker makes a mistake. [ 32.Bc2 Qh2+ 33.Kf1 Qh1+ 34.Ke2 Qxg2 ]
32...hxg4 33.Be2 gxh3 34.Bh5 Rb2! Sharp till the end.
35.Nh4 Qxf4 36.Qxf4 Bxf4 0-1