New Books in Economic and Business History

In the aftermath of the First World War the Western great powers sought to redefine international norms according to their liberal vision. They introduced Western-led multilateral organizations to regulate cross-border flows which became pivotal in the making of an interconnected global order. In contrast to this well-studied transformation, in Against the Liberal Order: The Soviet Union, Turkey, and Statist Internationalism, 1919-1939 (Oxford University Press, 2024), Samuel Hirst considers in detail for the first time the responses of the defeated interwar Soviet Union and early Republican Turkey who challenged this new order with a reactive and distinctly state-led international politics.As Mustafa Kemal Atatürk took up arms in 1920 to overturn the terms of the Paris settlement, Vladimir Lenin provided military and economic aid as part of a partnership that both sides described as anti-imperialist. Over the course of the next two decades, the Soviet and Turkish states coordinated joint measures to accelerate development in spheres ranging from aviation to linguistics. Most importantly, Soviet engineers and architects helped colleagues in Ankara launch a five-year plan and build massive state-owned factories to produce textiles and replace Western imports. Whilst the Kemalists' cooperation with the Bolsheviks has often been described as pragmatic, this book demonstrates that Moscow and Ankara actually came together in an ideological convergence rooted in anxiety about underdevelopment relative to the West, gradually arriving at statist internationalism as an alternative to Western liberal internationalism.Drawing on extensive archival research and offering an often-ignored and non-Western perspective on the history of international relations and diplomacy, Against the Liberal Order presents a novel interpretation of the international order of the interwar period that crosses the borders of historical disciplines and contributes to questions of current concern in world politics. Learn more about your ad choices. Visit megaphone.fm/adchoices

How the CIA used American unions to undermine workers at home and subvert democracy abroad.Blue Collar Empire: The Untold Story of U.S. Labor’s Global Anticommunist Crusade (Verso, 2024) tells the shocking story of the AFL-CIO's global anticommunist crusade--and its devastating consequences for workers around the world.Unions have the power not only to secure pay raises and employee benefits but to bring economies to a screeching halt and overthrow governments. Recognizing this, in the late twentieth century, the US government sought to control labor movements abroad as part of the Cold War contest for worldwide supremacy. In this work, Washington found an enthusiastic partner in the AFL-CIO's anticommunist officials, who, in a shocking betrayal, for decades expended their energies to block revolutionary ideologies and militant class consciousness from taking hold in the workers' movements of Europe, Latin America, Africa, and Asia.Jeff Schuhrke is a labor historian, journalist, union activist, and assistant professor at the Harry Van Arsdale Jr. School of Labor Studies, SUNY Empire State University in New York City. He is a frequent contributor to In These Times and Jacobin, and his scholarship has been published in Diplomatic History and Labor: Studies in Working-Class History. Learn more about your ad choices. Visit megaphone.fm/adchoices

State capitalism. Socialism with Chinese characteristics. A socialist market economy. There have been numerous descriptions of the Chinese economy. However, none seems to capture the predatory, at times surreal, nature of the economy of the world’s most populous nation – nor the often bruising and mind-bending experience of doing business with the Middle Kingdom.Ian Williams, a long-standing reporter on China, has a new argument in Vampire State: The Rise and Fall of the Chinese Economy (Birlinn, 2024). Rules and agreements mean little. Markets are distorted, statistics fabricated, foreign industrial secrets and technology systematically stolen. Companies and entrepreneurs, at home and abroad, are bullied – often with the collusion of the victims themselves. The Party is in every boardroom and lab, with businesses thriving or dying at its will. All this is part of realising President Xi Jinping’s ambition of China becoming the world’s pre-eminent economic, technological and military power.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

In Collectivization and Social Engineering: Soviet Administration and the Jews of Uzbekistan, 1917-1939 (Brill, 2015), Zeev Levin seeks to provide a comprehensive picture of government efforts to socialize the Jewish masses in Uzbekistan, a process in which the central Soviet government took part, together with the local, republican and regional administrations and Soviet Jewish activists. This research presents a chapter in the history of the Jews in Uzbekistan, as well as contributing to the study of the socialization process of the Jewish population in the USSR in general. It also contributes to the study of relations among political and government bodies and decision makers. The study is based on archival documents and provides a unique glance at the implementation of Soviet nationalities policy towards Bukharan Jews while comparing it to other national minority groups in Uzbekistan. Learn more about your ad choices. Visit megaphone.fm/adchoices

Who runs Britain? In Born to Rule: The Making and Remaking of the British Elite (Harvard UP, 2024), Aaron Reeves, and Sam Friedman, both Professors of Sociology at the London School of Economics, tell the story of the UK’s ruling class. The book blends a huge range of qualitative and quantitative data, and uses innovative sociological methods, to offer a historically informed understanding of how those at the top of society preserve their status and privileges. Examining inequalities of race and gender, as well as social class, alongside the enduring impact of Britain’s imperial past, Born to Rule is essential reading for anyone interested in Britain’s past, present and future. Learn more about your ad choices. Visit megaphone.fm/adchoices

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

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

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

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

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