Contender is eugene v debs, the nations most celebrated world war i protester. This footage captures him on his return to his hometown of terre haute, indiana, following his release from prison by president harding after federal convictions stemming from those were protests, and tonight, we are in terre haute. Let me introduce you to one of the guests who will be with us tonight. His book is called democracys prisoner eugene v debs, the first world war, and the right to dissent. Why do you care about him . He was the central figure in the socialist movement at a time when it was a viable, growing, and important part of the american political culture. Is it interesting as a snapshot in time or did he have a lasting legacy, do you think . I think he and his fellow candidates managed to move the discussion forward in important directions that have affected the development of american democracy ever since. He is of his time but has had a long impact on us as well. We will have time to delv
His return home to terre haute, indiana, following his release from prison by Warren Harding from charges stemming from those war protests. Tonight, we are in terre haute at his home and museum. Let me introduce you to our two guests. Ernest freebergs book is called democracys prisoner. It has been 85 years since debs died. Why do we care about him . He was one of our most important labor leaders at a crucial time of the conflict between labor and capital. More importantly, he was the central figure in the socialist movement at a time it was a viable growing part of the american political culture. Does he have a Lasting Legacy . I think like many thirdparty candidates, he and his fellow socialists moved the conversation in very important directions. In that regard, he is of his time but he has also made a Lasting Impact on us as well. We will have time to delve into some of the elections later on. Of the five bids he made, are any particularly significant . The 1912 bid is the high mar
Pandemic. Some of the pandemic statistics. N case dynamics jonathan this has been remarkable in the case of talks down ndc totally stolen down in d. C. Totally stalling. Lisa totally agree. Going forward today, we get a read on the economy in the United States. 8 30 a. M. , Producer Price index data. Very interesting to see the divergence between Inflation Expectations among futures traders versus the absolute bond yields, which keep falling. Secretary mike pompeo speaking at an event in the czech republic. We are interested in anything he has to say about china. Three year treasuries are going to be auctioned off. The actual deficit is so unclear because that fiscal support package is missing in action right now. Jonathan lets get to the price action. Equities futures are higher. In foreign exchange, the euro stronger. 1. 1787, up 0. 4 . We break 60 basis points on the 10 year to 0. 6 . I will be the one to ask the first stupid question of the morning. Do supply matter does supply mat
But today, our subject is the socialist party. The rise of socialism as a key element of american radicalism in the early 20th century. On a reading list, the chapter by michael casing gives a good quick summary of this moment in the various kinds of socialism at that time. From 1860 at least onward, there had been some kind of socialist presence in the u. S. But largely confined to immigrants from europe, particularly germans, english. The emergence of a mass socialist movement with a base in the u. S. Political system follows the final flowering of the 19th century radical tradition and the defeat of the populist party in the 1890s. The inheritors of 19th century radicalism were forced to kind of think about new ways of confronting the problems and inequities of the rapidly changing Industrial Society of that time. It is often said by those who write about the history of socialism that american socialism was particularly untheoretical. Very few americans produced theoretical works ab
Reconstruction, labor conflict in the gilded age, the populist movement, and moving into the 20th century. In the next couple of weeks we will look at the progressive era, a period of the Industrial Workers, womens suffrage, municipal reform. Subjecty, our turnofthecentury all socialism, and there were many varieties, in some way or another derived from the thinking and writings of karl marx, although interpreted in different ways. One could give a whole course on marx, but what people learn is that first of all, history is the history of class struggle. The struggle between classes is the driving force of history. Claimed that under capitalism the society is being divided into two classes the working class and the bourgeoisie, or capitalist class. Production is, inevitably, being concentrated in fewer and fewer hands. The gaprations between the 1 and the 99 , the very rich and everyone else, would inevitably get wider and wider. Some of this resonates to the present day. 30 years of t