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New Books in Economic and Business History

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Sep 25, 2024 • 59min

Andrew W. Kahrl, "The Black Tax: 150 Years of Theft, Exploitation, and Dispossession in America" (U Chicago Press, 2024)

In The Black Tax: 150 Years of Theft, Exploitation, and Dispossession in America (U Chicago Press, 2024), Andrew W. Kahrl uncovers the history of inequitable and predatory tax laws in the United States. He examines the structural traps within America’s tax system that have forced Black Americans to pay more for less despite being taxpayers with fewer resources compared to white taxpayers. Kahrl exposes these practices, From Reconstruction up to the present, Kahrl exposes these practices to describe how discrimination continues to take new forms, even as people continue to fight for their rights, their assets, and their power.Dr. N’Kosi Oates is a curator. He earned his Ph.D. in Africana Studies at Brown University. Find him on Twitter at DrNKosiOates. Learn more about your ad choices. Visit megaphone.fm/adchoices
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Sep 25, 2024 • 51min

Joseph Harley, "At Home with the Poor: Consumer Behaviour and Material Culture in England, c.1650-1850" (Manchester UP, 2024)

At Home with the Poor: Consumer Behaviour and Material Culture in England, c.1650-1850 (Manchester UP, 2024) by Dr. Joseph Harley opens the doors to the homes of the forgotten poor and traces the goods they owned before, during and after the industrial revolution (c. 1650-1850). Using a vast and diverse range of sources, it gets to the very heart of what it meant to be 'poor' by examining the homes of the impoverished and mapping how numerous household goods became more widespread. As the book argues, poverty did not necessarily equate to owning very little and living in squalor. In fact, its novel findings show that most of the poor strove to improve their domestic spheres and that their demand for goods was so great that it was a driving force of the industrial revolution.This interview was conducted by Dr. Miranda Melcher whose new book focuses on post-conflict military integration, understanding treaty negotiation and implementation in civil war contexts, with qualitative analysis of the Angolan and Mozambican civil wars. Learn more about your ad choices. Visit megaphone.fm/adchoices
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Sep 24, 2024 • 1h 5min

Max Hirsh and Till Mostowlansky, "Infrastructure and the Remaking of Asia" (U Hawaii Press, 2022)

In the twenty-first century, infrastructure has undergone a seismic shift from West to East. Once concentrated in Europe and North America, global infrastructure production today is focused squarely on Asia. Infrastructure and the Remaking of Asia (U Hawaii Press, 2022) investigates the deeper implications of that pivot to the East. Written by leading international infrastructure experts, it demonstrates how new roads, airports, pipelines, and cables are changing Asian economies, societies, and geopolitics—from the Bosporus to Beijing, and from Indonesia to the Arctic. Ten tightly interwoven case studies powerfully illustrate infrastructure’s leading role in three global paradigm shifts: climate change, digitalization, and China’s emergence as a superpower.Combining social science methods with mapping techniques from the design professions, Infrastructure and the Remaking of Asia establishes a dialogue between academic research on infrastructure and the professional insights of those responsible for infrastructure’s planning, production, and operation. By applying that mixed method to transport, energy, telecommunication, and resource extraction projects across Asia, the book synthesizes research on infrastructure from six academic fields, while making those insights accessible to a wider audience of students, professionals, and the general public.Max Hirsh is managing director of the Airport City Academy and a research fellow at the University of Colorado Boulder. He holds a PhD in urban planning from Harvard and is the author of Airport Urbanism: Infrastructure and Mobility in Asia. Max's research investigates the relationship between air travel and urban form.Till Mostowlansky is a Research Professor in the Department of Anthropology and Sociology at the Geneva Graduate Institute and the Principal Investigator of the Swiss National Science Foundation funded project “Quiet Aid: Service and Salvation in the Balkans-to-Bengal-Complex”. He is currently a Visiting Professor at the Kyiv School of Economics.Yadong Li is a PhD student in anthropology at Tulane University. His research interests lie at the intersection of the anthropology of state, the anthropology of time, hope studies, and post-structuralist philosophy. More details about his scholarship and research interests can be found here. Learn more about your ad choices. Visit megaphone.fm/adchoices
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Sep 23, 2024 • 1h 15min

Emily Carman, "Independent Stardom: Freelance Women in the Hollywood Studio System" (U Texas Press, 2016)

During the heyday of Hollywood’s studio system, stars were carefully cultivated and promoted, but at the price of their independence. This familiar narrative of Hollywood stardom receives a long-overdue shakeup in Emily Carman’s new book. Far from passive victims of coercive seven-year contracts, a number of classic Hollywood’s best-known actresses worked on a freelance basis within the restrictive studio system. In leveraging their stardom to play an active role in shaping their careers, female stars including Irene Dunne, Janet Gaynor, Miriam Hopkins, Carole Lombard, and Barbara Stanwyck challenged Hollywood’s patriarchal structure.Through extensive, original archival research, Independent Stardom: Freelance Women in the Hollywood Studio System (U Texas Press, 2016) uncovers this hidden history of women’s labor and celebrity in studio-era Hollywood. Carman weaves a compelling narrative that reveals the risks these women took in deciding to work autonomously. Additionally, she looks at actresses of color, such as Anna May Wong and Lupe Vélez, whose careers suffered from the enforced independence that resulted from being denied long-term studio contracts. Tracing the freelance phenomenon among American motion picture talent in the 1930s, Independent Stardom rethinks standard histories of Hollywood to recognize female stars as creative artists, sophisticated businesswomen, and active players in the then (as now) male-dominated film industry.Peter C. Kunze is an assistant professor of communication at Tulane University. Learn more about your ad choices. Visit megaphone.fm/adchoices
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Sep 22, 2024 • 1h 10min

Ilias Alami and Adam D. Dixon, "The Spectre of State Capitalism" (Oxford UP, 2024)

After close to three decades of the hegemony of free market ideas, the state has made a big comeback as an economic actor since the 2008 financial crisis. China’s state-owned companies and international financial institutions have made headlines for their growing influence in the world economy. State-backed investment vehicles based in the Gulf states have made high-profile investments in global real estate markets and professional sports, while their state-owned firms have become world leaders in the logistics and natural resource sectors. Governments around the world – including in the heartlands of advanced capitalism – have promoted the interests of ‘national champion’ companies in strategic economic sectors, bailed out financial institutions by taking toxic assets off of their balance sheets, and implemented industrial policies with the aim of moving into the most profitable segments of global value chains.What accounts for this renewed prominence of states in global capitalism? Does the increased activism of states mark the end of neoliberal hegemony? And how do contemporary state-led economic initiatives compare to the heyday of Keynesian and developmentalist policy agendas in the decades immediately following World War II?The book that we are discussing today, The Spectre of State Capitalism (Oxford UP, 2024) by Ilias Alami and Adam Dixon, marks the culmination of a highly productive research project that the authors have led on the compulsions and constraints that shape the ‘new’ state capitalism. The book aims to challenge narratives that pathologize state capitalism as an authoritarian deviation from the ‘normal’ course of free market capitalism while also showing how new forms of state activism depart from earlier models of state-led development.Ilias Alami is a University assistant professor in the political economy of development at Cambrdige University. His previous book is Money Power and Financial Capital in Emerging Markets (2019). Adam Dixon holds the Adam Smith Chair in Sustainable Capitalism at Heriot Watt University’s Ediburgh Business School. He is the author of several books, most recently Sovereign Wealth Funds: Between States and Markets (2022).This book is available open access here. Learn more about your ad choices. Visit megaphone.fm/adchoices
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Sep 19, 2024 • 1h 8min

Beng Huat Chua, "Public Subsidy, Private Accumulation: The Political Economy of Singapore's Public Housing" (NUS Press, 2024)

The achievement of Singapore’s national public housing program is impressive by any standard. Within a year of its first election victory in 1959, the People's Action Party began to deliver on its promises in dramatic fashion. By the 1980s, 85 percent of the population had been rehoused in modern flats, and today, decades later, the provision of public housing shapes Singapore's environment. The standard accounts of this remarkable transformation leave many questions unanswered, from the historical to urgent matters of current policy: Why, of all the pressing demands of Singapore's newly enfranchised citizens, was housing such a priority back in the 1960s? How did the provision of social welfare via public housing shape Singapore's industrialisation and development over the last 50 years? Looking ahead, can the HDB continue to be a source of affordable housing for young families, while long-standing appreciation in flat prices provides for the retirement of their parents? How can this be managed as 99-year leases on flats run down? When young people from wealthy families purchase subsidised flats and then resell them for a profit as soon as they can, what does that do for the already pressing issues of inequality in Singapore?Public Subsidy, Private Accumulation: The Political Economy of Singapore's Public Housing (NUS Press, 2024) is a culmination of Dr. Chua Beng Huat's study of Singapore's public housing system, its dynamics, and the ways it functions in Singapore's politics. Does every great success hold within it the seeds of failure? The book will be of interest to citizens, and scholars of the political economy of Asian development, of social welfare provision, and of Singapore.This interview was conducted by Dr. Miranda Melcher whose new book focuses on post-conflict military integration, understanding treaty negotiation and implementation in civil war contexts, with qualitative analysis of the Angolan and Mozambican civil wars. Learn more about your ad choices. Visit megaphone.fm/adchoices
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Sep 16, 2024 • 34min

Karl Marx, "Capital: Critique of Political Economy, Volume 1" (Princeton UP, 2024)

Karl Marx (1818-1883) was living in exile in England when he embarked on an ambitious, multivolume critique of the capitalist system of production. Though only the first volume saw publication in Marx's lifetime, it would become one of the most consequential books in history. This magnificent new edition of Capital (Princeton UP, 2024) is a translation of Marx for the twenty-first century. It is the first translation into English to be based on the last German edition revised by Marx himself, the only version that can be called authoritative, and it features extensive commentary and annotations by Paul North and Paul Reitter that draw on the latest scholarship and provide invaluable perspective on the book and its complicated legacy. At once precise and boldly readable, this translation captures the momentous scale and sweep of Marx's thought while recovering the elegance and humor of the original source.For Marx, our global economic system is relentlessly driven by "value"--to produce it, capture it, trade it, and, most of all, to increase it. Lifespans are shortened under the demand for ever-greater value. Days are lengthened, work is intensified, and the division of labor deepens until it leaves two classes, owners and workers, in constant struggle for life and livelihood. In Capital, Marx reveals how value came to tyrannize our world, and how the history of capital is a chronicle of bloodshed, colonization, and enslavement.With a foreword by Wendy Brown and an afterword by William Clare Roberts, this is a critical edition of Capital for our time, one that faithfully preserves the vitality and directness of Marx's German prose and renders his ideas newly relevant to modern readers.An audiobook narrated by Simon Vance is available here.  Learn more about your ad choices. Visit megaphone.fm/adchoices
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Sep 14, 2024 • 1h 9min

Thomas White, "China's Camel Country: Livestock and Nation-Building at a Pastoral Frontier" (U Washington Press, 2024)

China today positions itself as a model of state-led environmentalism. On the country’s arid rangelands, grassland conservation policies have targeted pastoralists and their animals, blamed for causing desertification. State environmentalism - in the form of grazing bans, enclosure, and resettlement - has transformed the lives of many ethnic minority herders in China’s western borderlands. However, this book shows how such policies have been contested and negotiated on the ground, in the context of the state’s intensifying nation-building project.Drawing on ethnographic fieldwork in Alasha, in the far west of China’s Inner Mongolia Autonomous Region, Thomas White describes how ethnic Mongols have foregrounded the local breed of Bactrian camel, mobilizing ideas of heritage and resource conservation to defend pastoralism. In exploring how the greening of the Chinese state affects the entangled lives of humans and animals at the margins of the nation-state, this study is both a political biography of the Bactrian camel and an innovative work of political ecology addressing critical questions of rural livelihoods, conservation, and state power.Thomas White is lecturer in China and Sustainable Development at the Lau China Institute, King’s College London. His research interests include China’s borderlands, political ecology, infrastructure, and Sino-Mongolian relations. China's Camel Country: Livestock and Nation-Building at a Pastoral Frontier (U Washington Press, 2024) is his first monograph.Yadong Li is a PhD student in anthropology at Tulane University. His research interests lie at the intersection of the anthropology of state, the anthropology of time, hope studies, and post-structuralist philosophy. More details about his scholarship and research interests can be found here. Learn more about your ad choices. Visit megaphone.fm/adchoices
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Sep 13, 2024 • 49min

Pamela Riney-Kehrberg, "When a Dream Dies: Agriculture, Iowa, and the Farm Crisis of the 1980s" (UP of Kansas, 2022)

Unlike a flood or fire, a the Farming Crisis of the 1980s did not have a set beginning of ending. Rather, it was a rolling, often invisible, disaster that could be easy to ignore if you lived in towns or cities, even within the West and Midwest. Yet, in places like rural Iowa, the impacts of this complex crisis were devastating and indeed, ongoing even today. In When a Dream Dies: Agriculture, Iowa, and the Farm Crisis of the 1980s (UP of Kansas, 2022), emininet Iowa State historian Pamela Riney-Kehrberg explains the roots, details, and impacts of the farm crisis on 1970s and 1980s Iowa. Riney-Kehrberg focuses in particular on the mental and psychological effects of this slow disaster on family farmers themselves, with an emphasis on the psychic damage caused by farm closure which contributed to a rash of murders, suicides, and mental health crises across the state. Among the first book-length studies of the 1980s Farm Crisis, When a Dream Dies shows how the disconnect between rural and urban America was both caused, and deepened, in the crucible of debt, banking, and bankrupt farms during the Reagan years. Learn more about your ad choices. Visit megaphone.fm/adchoices
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Sep 8, 2024 • 1h 7min

Yakov Feygin, "Building a Ruin: The Cold War Politics of Soviet Economic Reform" (Harvard UP, 2024)

A masterful account of the global Cold War’s decisive influence on Soviet economic reform, and the national decay that followed.What brought down the Soviet Union? From some perspectives the answers seem obvious, even teleological—communism was simply destined to fail. When Yakov Feygin studied the question, he came to another conclusion: at least one crucial factor was a deep contradiction within the Soviet political economy brought about by the country’s attempt to transition from Stalinist mass mobilization to a consumer society.Building a Ruin: The Cold War Politics of Soviet Economic Reform (Harvard UP, 2024) explores what happened in the Soviet Union as institutions designed for warfighting capacity and maximum heavy industrial output were reimagined by a new breed of reformers focused on “peaceful socioeconomic competition.” From Khrushchev on, influential schools of Soviet planning measured Cold War success in the same terms as their Western rivals: productivity, growth, and the availability of abundant and varied consumer goods. The shift was both material and intellectual, with reformers taking a novel approach to economics. Instead of trumpeting their ideological bona fides and leveraging their connections with party leaders, the new economists stressed technical expertise. The result was a long and taxing struggle for the meaning of communism itself, as old-guard management cadres clashed with reformers over the future of central planning and the state’s relationship to the global economic order.Feygin argues that Soviet policymakers never resolved these tensions, leading to stagnation, instability, and eventually collapse. Yet the legacy of reform lingers, its factional dynamics haunting contemporary Russian politics. Learn more about your ad choices. Visit megaphone.fm/adchoices

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