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***Help us reach 300,000 subscribers! We are very close to reaching this important milestone but need your assistance. Please like and subscribe and get your family and friends to do so as well. Please join us for a LIVE Q&A with the hosts of the All Things Co-op podcast on Friday, January 27! Learn more and RSVP: https://www.democracyatwork.info/ask_... [S13 E03] "American Midnight" Democracy's Forgotten Crisis In this week's Economic Update, Prof. Wolff presents updates on the French School of Economic Warfare and sanctions against Russia; how asset price declines threaten US pensions, electric replace fossil fuel private cars because of profit motive, instead of for a rational transportation policy; US police in elementary schools: bad for students, parents, teachers and even police; honoring Staughton Lynd, US radical academic and labor organizer who died on 11/18/22. In the second half of the show, Wolff interviews Adam Hochschild, author of "American Midnight" how 1917-1921 was a US rehearsal for a parallel right-wing surge of recent years. Economic Update with Richard D. Wolff is a @democracyatwrk production. We make it a point to provide the show free of ads. Please consider supporting our work. Join our Patreon community: / democracyatwork and help us spread Prof. Wolff's message to a larger audience. Every donation counts! A special thank you to our devoted donor community whose contributions make this show possible each week. ****************************************************************************************** SUBSCRIBE: EU Podcast | Apple Podcasts | Google Podcasts | Spotify | iHeartRADIO SUPPORT: Join our Patreon community at / democracyatwork or donate on our website at https://www.democracyatwork.info/donate Follow us ONLINE: Facebook: / economicupdate / richarddwolff / democracyatwrk Twitter: / profwolff / democracyatwrk Instagram: / democracyatwrk DailyMotion: https://www.dailymotion.com/democracy... Shop our CO-OP made MERCH: https://democracy-at-work-shop.myshop... Want to help us translate and transcribe our videos? Learn about joining our translation team: https://www.democracyatwork.info/geti... ****************************************************************************************** About our Guest: Adam Hochschild writes frequently about issues of human rights and social justice. The latest of his eleven books is American Midnight: The Great War, a Violent Peace, and Democracy’s Forgotten Crisis. King Leopold’s Ghost: A Story of Greed, Terror and Heroism in Colonial Africa was a finalist for the National Book Critics Circle Award, as was To End All Wars: A Story of Loyalty and Rebellion, 1914-1918. His Bury the Chains: Prophets and Rebels in the Fight to Free an Empire’s Slaves was a finalist for the National Book Award and won the Los Angeles Times Book Prize and the PEN USA Literary Award. He has also written for the New Yorker, the Atlantic, the Nation, and many other magazines, and teaches at UC Berkeley’s Graduate School of Journalism. Links: https://journalism.berkeley.edu/perso... ****************************************************************************************** Check out the 2021 Hardcover edition of “Understanding Marxism,” with a new, lengthy introduction by Richard Wolff is now available at: https://www.lulu.com/ “Marxism always was the critical shadow of capitalism. Their interactions changed them both. Now Marxism is once again stepping into the light as capitalism shakes from its own excesses and confronts decline.” Check out all of d@w’s books: "The Sickness is the System," "Understanding Socialism," by Richard D. Wolff, and “Stuck Nation” by Bob Hennelly https://www.democracyatwork.info/books ****************************************************************************************** SOURCES FOR SHOW SEGMENTS: 1. Ecole de Guerre Economique reports: https://www.ege.fr/ https://portail-ie.fr/analysis/4111/c... 2. Public pensions: https://www.levernews.com/wall-street... 3. GM CEGO Barra: https://apnews.com/article/business-n... 4. Elementary school students (5th grade and under) arrested by police: https://www.cbsnews.com/news/hundreds... 5. Staughton Lynd died: https://www.vindy.com/news/local-news...