New Books in Economic and Business History

Everybody eats. We may even consider ourselves experts on the topic, or at least Instagram experts. But are we aware that the shrimp in our freezer may be farmed and frozen in Vietnam, the grapes in our fruit bowl shipped from Chile, and the coffee in our coffee maker grown in Nicaragua, roasted in Germany, and distributed in Canada? Whether we know it or not, every time we shop for food, cook, and eat, we connect ourselves to complex supply networks, institutions, and organizations that enable our food choices. Even locavores may not know the whole story of the produce they buy at the farmers market. In Food, a contribution to the MIT Press Essential Knowledge series, food writer and scholar Fabio Parasecoli offers a consumer's guide to the food system, from local to global.Parasecoli describes a system made up of open-ended, shifting, and unstable networks rather than well-defined chains; considers healthy food and the contradictory advice about it consumers receive; discusses food waste and the implications for sustainability; explores food technologies (and “culinary luddism”); and examines hunger and food insecurity in both developing and developed countries. Parasecoli reminds us that we are not only consumers but also citizens, and as citizens we have more power to improve the food system than we do by our individual food choices.Fabio Parasecoli is a Professor in the Department of Nutrition and Food Studies, The New York University Steinhardt. His research explores the cultural politics of food, particularly in media, design, and heritage. His books include Al Dente: A History of Food in Italy, Feasting Our Eyes: Food, Film, and Cultural Citizenship in the US, Knowing Where It Comes From: Labeling Traditional Foods to Compete in a Global Market, and Global Brooklyn: Designing Food Experiences in World Cities. Website: https://fabioparasecoli.com/ Twitter: @FParasecoliAmir Sayadabdi is a lecturer in Anthropology at Victoria University of Wellington. He is mainly interested in anthropology of food and its intersection with gender studies, migration studies, and studies of race, ethnicity, and nationalism. Learn more about your ad choices. Visit megaphone.fm/adchoices

The contemporary opioid crisis is widely seen as new and unprecedented. Not so. It is merely the latest in a long series of drug crises stretching back over a century. In White Market Drugs: Big Pharma and the Hidden History of Addiction in America (U Chicago Press, 2020), David Herzberg explores these crises and the drugs that fueled them, from Bayer's Heroin to Purdue's OxyContin and all the drugs in between: barbiturate "goof balls," amphetamine "thrill pills," the "love drug" Quaalude, and more. As Herzberg argues, the vast majority of American experiences with drugs and addiction have taken place within what he calls "white markets," where legal drugs called medicines are sold to a largely white clientele.These markets are widely acknowledged but no one has explained how they became so central to the medical system in a nation famous for its "drug wars"--until now. Drawing from federal, state, industry, and medical archives alongside a wealth of published sources, Herzberg re-connects America's divided drug history, telling the whole story for the first time. He reveals that the driving question for policymakers has never been how to prohibit the use of addictive drugs, but how to ensure their availability in medical contexts, where profitability often outweighs public safety. Access to white markets was thus a double-edged sword for socially privileged consumers, even as communities of color faced exclusion and punitive drug prohibition. To counter this no-win setup, Herzberg advocates for a consumer protection approach that robustly regulates all drug markets to minimize risks while maintaining safe, reliable access (and treatment) for people with addiction.Accomplishing this requires rethinking a drug/medicine divide born a century ago that, unlike most policies of that racially segregated era, has somehow survived relatively unscathed into the twenty-first century.By showing how the twenty-first-century opioid crisis is only the most recent in a long history of similar crises of addiction to pharmaceuticals, Herzberg forces us to rethink our most basic ideas about drug policy and addiction itself--ideas that have been failing us catastrophically for over a century.David Herzberg is an associate professor of history at the University of Buffalo is also the author of Happy Pills in America from Milltown to Prozac. David is also the co-editor of the journal Social History of Alcohol and Drugs. Jay Shifman is a vulnerable storyteller, a stigma-destroying speaker, and the founder of Choose Your Struggle podcast. A guy in long-term recovery, Jay is dedicated to ending stigma and promoting fact-based education around Mental Health, Substance Misuse & Recovery, and Drug Use & Policy. You can learn more about Jay at his links here. Learn more about your ad choices. Visit megaphone.fm/adchoices

One Hundred Years of Solitude is a revered classic today fifty five years after it was first published in 1967. Today I talked to Alvaro Santana Acuña a sociologist and historian who describes the ingredients that went into manufacturing the success of this book. In Ascent to Glory: How One Hundred Years of Solitude Was Written and Became a Global Classic (Columbia UP, 2020), Alvaro Santana-Acuña first deconstructs the “fake news” surrounding García Márquez and then describes the cultural brokers, the literary cognoscenti of the Boom, the gatekeepers, the Spanish publishing industry and the Casa de las Americas who made the One Hundred Years of Solitude a bestseller across generations. The multitudinous references in this book are part of the archives that Alvaro Santana-Acuña has curated for an exhibition “Gabriel Garcia Márquez – The Making of a Global Writer” by the Harry Ransom Center at the University of Texas, Austin which will run till January 2022.Minni Sawhney is a professor of Hispanic Studies at the University of Delhi Learn more about your ad choices. Visit megaphone.fm/adchoices

In this installment of our Recall this Buck series (check out our earlier conversations with Thomas Piketty, Peter Brown and Christine Desan), John and Elizabeth talk with Daniel Souleles, anthropologist at the Copenhagen Business School and author of Songs of Profit, Songs of Loss: Private Equity, Wealth, and Inequality (Lincoln : University of Nebraska Press 2019). Dan's work explores the world of private equity "guys" (who are indeed mostly guys) and the ways they are "suspended in webs of significance [they themselves have] spun" as Clifford Geertz puts it.Further, he explores the ways we are all suspended in these webs through the immense buying and managing power of private equity firms. Private equity investors buy out publicly traded companies, often through enormous debt (which is why these deals used to be called "leveraged buyouts" or LBOs), manage the companies and then sell them. They argue they are creating value by cutting fat in management; typically workers bear the brunt of the debt while executives--and the private equity firm and lawyers and others servicing the deal--receive hefty payments.Dan pulls off a tough feat in his book, helping us see the concerns and motivations of people he's working with as understandable and the people themselves as reasonable and even likeable, while also maintaining his own view of private equity as, generally speaking, a noxious force in society.We end with a discussion of the Occupy movement and how it helped to change public conversations about inequality and the power of finance (another angle on the themes we tackled in our earlier "Brahmin Left" conversations).Mentioned in this episode: Bryan Burrough and John Helyar, Barbarians at the Gates: The Fall of NJR Nabisco Karen Ho Liquidated; ethnography of Wall Street, and of "smartness" Edwin Lefèvre, Reminiscences of a Stock Operator, (John misremembered the title as Confessions of a Stockjobber) Bret Easton Ellis, American Psycho (1991) The transcript for this episode is here.  Learn more about your ad choices. Visit megaphone.fm/adchoices

In the early twentieth century, when many US unions disgracefully excluded black and Asian workers, the Industrial Workers of the World (IWW) warmly welcomed people of color, in keeping with their emphasis on class solidarity and their bold motto: "An Injury to One Is an Injury to All!" A brilliant union organizer and a humorous orator, Benjamin Fletcher (1890-1949) was a tremendously important and well-loved African American member of the IWW during its heyday. For years, acclaimed historian Peter Cole has carefully researched the life of Ben Fletcher. Ben Fletcher: The Life and Times of a Black Wobbly (PM Press, 2021) includes a detailed biographical sketch of his life and history, reminiscences by fellow workers who knew him, a chronicle of the IWW's impressive decade-long run on the Philadelphia waterfront in which Fletcher played a pivotal role, and nearly all of his known writings and speeches, thus giving Fletcher's timeless voice another opportunity to inspire a new generation of workers, organizers, and agitators. This revised and expanded second edition includes new materials and much more. Adam McNeil is a Ph.D. Candidate in History at Rutgers, the State University of New Jersey. Learn more about your ad choices. Visit megaphone.fm/adchoices

“The Europeans raise all the cattle, but the Chinese get all the milk.”This joke, told in colonial Singapore, was indicative of the importance of the Chinese diaspora throughout Southeast Asia. Chinese migrants were miners, laborers, merchants and traders: the foundation of many colonial cities throughout Asia--while also making sure that their own communities back home benefited.Distant Shores: Colonial Encounters on China's Maritime Frontier (Princeton University Press: 2021), written by Professor Melissa Macauley, looks at one particular community within the Chinese diaspora: the Chaozhou people--also known as the “Chiu Chow” people--hailing from the Shantou--also known as Swatou--area in Eastern Guangdong Province. The Chouzhouese traveled far and wide, engaging in trade, commerce and business--a history that survives to this day, with many Southern Chinese and Southeast Asian business tycoons having ties to this migrant community.Professor Melissa Macauley is a Professor at Northwestern University, where she specializes in late imperial and modern Chinese history from 1500 to 1958. Her research focuses on such topics as the interrelated history of southeastern China and Southeast Asia; colonialism and imperialism in East and Southeast Asia; and legal culture in Chinese social history. Her first book, Social Power and Legal Culture: Litigation Masters in Late Imperial China (Stanford University Press: 1998)We’re joined in this interview by fellow NBN host Sarah Bramao-Ramos. Sarah is a PHD candidate at Harvard University that studies Qing China.Today, the three of us talk about the Chouzhouese people, and how their trading efforts throughout the region challenges the way we think about “empire” and “colonialism”.You can find more reviews, excerpts, interviews, and essays at The Asian Review of Books, including its review of Distant Shores. Follow on Facebook or on Twitter at @BookReviewsAsia.Nicholas Gordon is an associate editor for a global magazine, and a reviewer for the Asian Review of Books. He can be found on Twitter at @nickrigordon. Learn more about your ad choices. Visit megaphone.fm/adchoices

In Asphalt: A History (U Nebraska Press, 2021), Kenneth O’Reilly provides a history of this everyday substance. By tracing the history of asphalt—in both its natural and processed forms—from ancient times to the present, O’Reilly sets out to identify its importance within various contexts of human society and culture. Although O’Reilly argues that asphalt creates our environment, he believes it also eventually threatens it. Looking at its role in economics, politics, and global warming, O’Reilly explores asphalt’s contribution to the history, and future, of America and the world.Mohamed Gamal-Eldin is a historian of Modern Egypt, who is interested in questions related to the built environment, urban history, architecture, social history and environmental ecology of urban centers in 19th and early 20th century Egypt, the Middle East and globally. Learn more about your ad choices. Visit megaphone.fm/adchoices

Tanya L. Roth's Her Cold War: Women in the U.S. Military, 1945–1980 (University of North Carolina Press, 2021) explains that while Rosie the Riveter had fewer paid employment options after being told to cede her job to returning World War II veterans, her sisters and daughters found new work opportunities in national defense. The 1948 Women's Armed Services Integration Act created permanent military positions for women with the promise of equal pay. Her Cold War follows the experiences of women in the military from the passage of the Act to the early 1980s. In the late 1940s, defense officials structured women's military roles on the basis of perceived gender differences. Classified as noncombatants, servicewomen filled roles that they might hold in civilian life, such as secretarial or medical support positions. Defense officials also prohibited pregnant women and mothers from remaining in the military and encouraged many women to leave upon marriage. Before civilian feminists took up similar issues in the 1970s, many servicewomen called for a broader definition of equality free of gender-based service restrictions. Tanya L. Roth shows us that the battles these servicewomen fought for equality paved the way for women in combat, a prerequisite for promotion to many leadership positions, and opened opportunities for other servicepeople, including those with disabilities, LGBT and gender nonconforming people, noncitizens, and more.Jane Scimeca is Professor of History at Brookdale Community College. You can watch Professor Scimeca's YouTube channel on Women's History here.  Learn more about your ad choices. Visit megaphone.fm/adchoices

The avocado is the iconic food of the twenty-first century. It has gone from a little-known regional food to a social media darling in less than a hundred years. This is an astounding trajectory for a fruit that isn’t sweet, becomes bitter when it is cooked and has perhaps the oddest texture of any fruit or vegetable. But the idea that this rich and delicious fruit is also healthy despite being fatty and energy-dense gives it unicorn status among modern eaters, especially millennials.Through lively anecdotes, colourful pictures and delicious recipes, Jeff Miller's book Avocado: A Global History (Reaktion Books, 2020) explores the meteoric rise of the avocado, from its co-evolution with the megaherbivores of the Pleistocene to its acceptance by the Spanish conquistadores in Mexico and its current dominance of food consumers’ imagination.Jeff Miller is an Associate Professor of Hospitality Management at Colorado State University. He is the co-author of Food Studies: An Introduction to Research Methods (2009) and was named Culinary Educator of the Year in 2017. Amir Sayadabdi is a lecturer in Anthropology at Victoria University of Wellington. He is mainly interested in anthropology of food and its intersection with gender studies, migration studies, and studies of race, ethnicity, and nationalism. Learn more about your ad choices. Visit megaphone.fm/adchoices

Ümit Kurt, born and raised in Gaziantep, Turkey, was astonished to learn that his hometown once had a large and active Armenian community. The Armenian presence in Aintab, the city’s name during the Ottoman period, had not only been destroyed―it had been replaced. To every appearance, Gaziantep was a typical Turkish city.Kurt digs into the details of the Armenian dispossession that produced the homogeneously Turkish city in which he grew up. In particular, he examines the population that gained from ethnic cleansing. Records of land confiscation and population transfer demonstrate just how much new wealth became available when the prosperous Armenians―who were active in manufacturing, agricultural production, and trade―were ejected. Although the official rationale for the removal of the Armenians was that the group posed a threat of rebellion, Kurt shows that the prospect of material gain was a key motivator of support for the Armenian genocide among the local Muslim gentry and the Turkish public. Those who benefited most―provincial elites, wealthy landowners, state officials, and merchants who accumulated Armenian capital―in turn financed the nationalist movement that brought the modern Turkish republic into being. The economic elite of Aintab was thus reconstituted along both ethnic and political lines.The Armenians of Aintab: The Economics of Genocide in an Ottoman Province (Harvard UP, 2021) draws on primary sources from Armenian, Ottoman, Turkish, British, and French archives, as well as memoirs, personal papers, oral accounts, and newly discovered property-liquidation records. Together they provide an invaluable account of genocide at ground level.Renee Garfinkel, Ph.D. is a psychologist, writer, Middle East television commentator and host of The New Books Network’s Van Leer Jerusalem Series on Ideas. Write her at reneeg@vanleer.org.il Learn more about your ad choices. Visit megaphone.fm/adchoices