New Books in Economic and Business History

In An Urban History of China (Cambridge UP, 2021), Toby Lincoln offers the first history of Chinese cities from their origins to the present. Despite being an agricultural society for thousands of years, China had an imperial urban civilization. Over the last century, this urban civilization has been transformed into the world's largest modern urban society. Throughout their long history, Chinese cities have been shaped by interactions with those around the world, and the story of urban China is a crucial part of the history of how the world has become an urban society. Exploring the global connections of Chinese cities, the urban system, urban governance, and daily life alongside introductions to major historical debates and extracts from primary sources, this is essential reading for all those interested in China and in urban history. Learn more about your ad choices. Visit megaphone.fm/adchoices

No animal is so entangled in human history as the horse. The thread starts in prehistory, with a slight, shy animal, hunted for food. Domesticating the horse allowed early humans to settle the vast Eurasian steppe; later, their horses enabled new forms of warfare, encouraged long-distance trade routes, and ended up acquiring deep cultural and religious significance. Over time, horses came to power mighty empires in Iran, Afghanistan, China, India, and, later, Russia. Genghis Khan and the thirteenth-century Mongols offer the most famous example, but from ancient Assyria and Persia, to the seventeenth-century Mughals, to the high noon of colonialism in the early twentieth century, horse breeding was indispensable to conquest and statecraft. Scholar of Asian history David Chaffetz tells the story of how the horse made rulers, raiders, and traders interchangeable, providing a novel explanation for the turbulent history of the “Silk Road,” which might be better called the Horse Road. Drawing on recent research in fields including genetics and forensic archeology, Chaffetz presents a lively history of the great horse empires that shaped civilization. David Chaffetz is an independent scholar with a lifelong passion for Middle Eastern and Inner Asian history. His 1981 book, several times republished, A Journey through Afghanistan, earned praise from Owen Lattimore, the then doyen of Inner Asian studies in America and the UK. He is a regular contributor to the Asian Review of Books, and has written for the South China Morning Post and the Nikkei Asian Review. His most recent book, Three Asian Divas, describes the important role of elite women entertainers in the transmission of traditional Asian culture. Morteza Hajizadeh is a Ph.D. graduate in English from the University of Auckland in New Zealand. His research interests are Cultural Studies; Critical Theory; Environmental History; Medieval (Intellectual) History; Gothic Studies; 18th and 19th Century British Literature. YouTube channel. Twitter. Learn more about your ad choices. Visit megaphone.fm/adchoices

The pursuit of wealth is considered an essential function of human nature, and greed is an unspoken civic virtue. Many of us revere billionaires and Wall Street rain-makers, then complain about “the system” being rigged, and wonder why the country doesn’t seem to work for the little guy anymore. Some blame the Deep State for income inequality and corruption, and others blame capitalism, but the truth is that these issues have much deeper roots: our devotion to money is a manmade invention that has transformed over thousands of years to replace religion as the foundation of our society, and it is tearing civilization apart. In The Almightier, journalist Paul Vigna uncovers the forgotten history of money, tracing the uneasy and often accidental alliance between wealth and religion as it developed from ancient city-states to today’s secular world, where religious devotion has receded and greed has stepped in to fill the void. Through engaging anecdotes, original research, and fresh perspectives on the causes of the many challenges we face today, Vigna makes a compelling argument that money has no power apart from the power we give it. Paul Vigna is an author, journalist, editor and speaker, with a particular focus on capital markets and cryptocurrencies. He is the author of Guts: The Anatomy of The Walking Dead and coauthor of The Age of Cryptocurrency and The Truth Machine. For 25 years, he was a reporter and editor for Dow Jones Newswires and the Wall Street Journal, pioneering coverage of the cryptocurrency sector. He has appeared on CNN, CNBC, MSNBC, Fox, and PBS. Learn more about your ad choices. Visit megaphone.fm/adchoices

With the rise of the gramophone around 1900, the shellac disc traveled the world and eventually became the dominant sound format in the first half of the twentieth century. Format Friction brings together a set of local encounters with the shellac disc, beginning with its preconditions in South Asian knowledge and labor, to offer a global portrait of this format.Spun at seventy-eight revolutions per minute, the shellac disc rapidly became an industrial standard even while the gramophone itself remained a novelty. The very basis of this early sound reproduction technology was friction, an elemental materiality of sound shaped through cultural practice. Using friction as a lens, Gavin Williams illuminates the environments plundered, the materials seized, and the ears entangled in the making of a sound format. Bringing together material, political, and music history, Format Friction decenters the story of a beloved medium, and so explores new ways of understanding listening in technological culture more broadly. Nathan Smith is a PhD candidate in Music Theory at Yale University nathan.smith@yale.edu Learn more about your ad choices. Visit megaphone.fm/adchoices

Where the Red-Winged Blackbirds Sing: The Akimel O'odham and Cycles of Agricultural Transformation in the Phoenix Basin (UP of Colorado, 2021) is not a simple story of environmental decline and colonial imposion. In this brilliantly interdisciplinary book, Goucher College peace studies professor Jennifer Bess instead weaves a complicated narrative of change, stability, autonomy, and adaptation, focusing on Indigenous ways of understanding the land and its beings, and how the people who were created in the desert southwest have always shown resilience by adapting to changes. Even in the face fo changes including Spanish colonization, American industrialized agriculture, and today, climate change, the Akimel O'odham have persevered through their intimate knowledge of the Gila River Basin, and their understanding of how to ensure that the desert remains in bloom. Learn more about your ad choices. Visit megaphone.fm/adchoices

Marx’s Capital looms large today, a century and a half after first publication, a massive tome that attempts to document and map out the dynamics of a society consumed by capital accumulation. The complexity and scope, as well as its voluminous incompleteness upon his death, have left many readers perplexed, looking for a ‘royal road’ to comprehension. However, this has led to a number of misreadings, with commentators often trying to pick at what they assume is the core of the text, leaving the rest behind.Against this, Thomas Kemple in his new book Marx's Wager: Das Kapital and Classical Sociology (Palgrave MacMillan, 2022) argues that understanding Capital mean’s reading it not just for the economic equations, but the social and moral insights as well. Rather than see Marx’s quotations of literature and poetry as an embellishment to spice up the economic analysis, he sees it performing moral and analytic work as well, allowing Marx to explore the nature of capitalism at a much broader level than narrow economics will allow. Putting Marx in dialogue with his contemporaries, particularly Durkheim, Weber and Simmel, Kemple finds Marx’s work to be much more dynamic and comprehensive than many of his readers have previously realized. This little book offers close textual analysis that will enable readers to approach Marx with fresh eyes, seeing elements of their society and themselves in the text that may have previously gone unnoticed.Thomas Kemple is a professor of sociology at the University of British Columbia. He is the author of several books, including Reading Marx Writing: Melodrama, the Market and the Grundrisse, Intellectual Work and the Spirit of Capitalism: Weber’s Calling and most recently Simmel. Learn more about your ad choices. Visit megaphone.fm/adchoices

Between Here and There is the first history of the creation of modern US-Mexico migration patterns narrated from multiple geographic and institutional sites. This book analyzes the interplay between the US and Mexican governments, civic organizations, and migrants on both sides of the border and offers a revisionist and comprehensive view of Mexican migration as it was established in the early twentieth century and reproduced throughout the century as a socioeconomic system that reached from Texas borderlands to western agricultural regions like California as well as to Midwestern farming and industrial areas. The book illustrates how large-scale migration became entrenched in the socioeconomic fabric of the United States and Mexico. Mexican migration operates through an interconnected transnational migrant economy made up of self-reinforcing local economic logics, information diffusion, and locally based transnational social networks. From central Mexico, the book expands across the United States and back to Mexico to show how the migrant economy spread and reacted to the political and economic crisis in the 1930s. In the 1930s, migrants fought for recognition in both societies. Those who returned to Mexico used an expansive vision to lay claim to citizenship and land there. Those who stayed in the United States joined efforts to lay claim to better pay, working conditions, and rights from the New Deal state, creating a base for later organizing. These dynamics shaped the establishment of the Bracero Program that brought in more than four million workers and has continued to frame large-scale Mexican migration until today. Learn more about your ad choices. Visit megaphone.fm/adchoices

Sarah Teasley's Designing Modern Japan (Reaktion, 2022) unpicks the history of Japanese design from the mid-nineteenth century to the end of the twentieth, focusing on continuities and disruptions within communities and practices of design. Designing Modern Japan explores design in the unfolding contexts of modernization, empire and war, defeat and reconstruction, postwar economic acceleration, and beyond. Throughout, Teasley is sensitive to issues of gender and class within the communities of design she studies. The book combines the history of design with social, economic, and geopolitical history, placing design and its material objects carefully in the larger currents of modern and contemporary Japan. Designing Modern Japan is a history of both the people who shaped Japanese design and the designs that were integral to life in modern Japan.Nathan Hopson is an associate professor of Japanese language and history in the University of Bergen's Department of Foreign Languages. Learn more about your ad choices. Visit megaphone.fm/adchoices

Mao and Markets: The Communist Roots of Chinese Enterprise (Yale University Press, 2022) by Dr. Christopher Marquis & Dr. Kunyuan Qiao presents a thoroughly researched assessment of how China’s economic success continues to be shaped by the communist ideology of Chairman MaoIt was long assumed that as China embraced open markets and private enterprise, its state-controlled economy would fall by the wayside, that free markets would inevitably lead to a more liberal society. Instead, China’s growth over the past four decades has positioned state capitalism as a durable foil to the orthodoxy of free markets, to the confusion of many in the West.Christopher Marquis and Kunyuan Qiao argue that China’s economic success is based on—not in spite of—the continuing influence of Communist leader Mao Zedong. They illustrate how Mao’s ideological principles, mass campaigns, and socialist institutions have enduringly influenced Chinese entrepreneurs’ business strategies and the management of their ventures. Grounded in case studies and quantitative analyses, this book shows that while private enterprise is the engine of China’s growth, Chinese companies see no contradictions between commercial drive and a dedication to Maoist ideology.This interview was conducted by Dr. Miranda Melcher whose doctoral work focused 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

The legendary Magnum photo agency has long been associated with heroic lone wolf male photographers such as Robert Capa and Henri Cartier-Bresson, roaming the world in search of the “decisive moment” – the perfect shot that captured the essence of a major news story. Nadya Bair’s highly original book The Decisive Network: Magnum Photos and the Postwar Image Market (University of California Press 2020) argues that this idealized portrayal of Magnum occludes the larger networks within which these photographers operated, including the crucial roles performed by often female office staff, by picture editors and corporate clients. She sets out to show that right from the outset, Magnum was also a business operation, one that pioneered modern ideas of branding borrowed from advertising agencies and commercial partners.Drawing on extensive archival work and including numerous images of photo page spreads, The Decisive Network presents Magnum in a novel and distinctive light, as the framer of new global imaginaries that reflected the evolution of post-war capitalism.Nadya Bair is an assistant professor of art history at Hamilton CollegeFor digital explorations of the Magnum network, see Nadya’s fascinating website.Duncan McCargo is an eclectic, internationalist political scientist and literature buff: his day job is directing the Nordic Institute of Asian Studies at the University of Copenhagen. Learn more here, here, here, and here. Learn more about your ad choices. Visit megaphone.fm/adchoices