New Books in Economic and Business History

Critical Insights on Colonial Modes of Seeing Cattle in India: Tracing the Pre-history of Green and White Revolutions (Springer 2024) traces the contours of the symbiotic relationship between crop cultivation and cattle rearing in India by reading against the grain of several official accounts from the late colonial period to the 1980s. It also skillfully unpacks the multiple cultural expressions that revolve around cattle in India and the wider subcontinent to show how this domestic animal has greatly impacted political discourses in South Asia from colonial times, into the postcolonial period. The author begins by demonstrating the dependence between the nomadic cattle breeder and the settled cultivator, at the nexus of land-livestock-agriculture, as indicated in the writings of Sir Albert Howard, who espoused some of the most sophisticated ideas on integration, holism, and mixed farming in an era when agricultural research was marked by increasing specialisation and compartmentalization. The book springboards with the views of colonial experts who worked at imperial science institutions but passionately voiced dissenting opinions due to their emotional investment in the lives of Indian peasants, of whom Howard was a leading light. The book presents Howard and his contemporaries’ writings to then engage contemporary debates surrounding organic agriculture and climate change, tracing the path out of the treadmill of industrial agriculture and factory farming. In doing so, the book shows how, historically, animal rearing has been critically linked to livelihood strategies in the Indian subcontinent. At once a dispassionate reflection on the role played by cattle and water buffaloes in not just supporting farm operations in the agro-pastoral landscape, but also in contributing to millions of livelihoods in sustainable ways while fulfilling the animal protein in the Indian diet, the book presents contemporary lessons on development perspectives relating to sustainable and holistic agriculture. A rich and sweeping treatment of this aspect of environmental history in India that tackles the transformations prompted by the arrival of veterinary medicine, veterinary education and notions of scientific livestock management, the book is a rare read for historians, environmentalists, agriculturalists, development practitioners, and animal studies scholars with a particular interest in South Asia. Learn more about your ad choices. Visit megaphone.fm/adchoices

A radical new reading of eighteenth-century British theorist Thomas Robert Malthus, which recovers diverse ideas about subsistence production and environments later eclipsed by classical economicsWith the publication of Essay on the Principle of Population and its projection of food shortages in the face of ballooning populations, British theorist Thomas Robert Malthus secured a leading role in modern political and economic thought. In this startling new interpretation, Deborah Valenze reveals how canonical readings of Malthus fail to acknowledge his narrow understanding of what constitutes food production.Valenze returns to the eighteenth-century contexts that generated his arguments, showing how Malthus mobilized a redemptive narrative of British historical development and dismissed the varied ways that people adapted to the challenges of subsistence needs. She uses history, anthropology, food studies, and animal studies to redirect our attention to the margins of Malthus’s essay, where activities such as hunting, gathering, herding, and gardening were rendered extraneous. She demonstrates how Malthus’s omissions and his subsequent canonization provided a rationale for colonial imposition of British agricultural models, regardless of environmental diversity.By broadening our conception of human livelihoods, Valenze suggests pathways to resistance against the hegemony of Malthusian political economy. The Invention of Scarcity: Malthus and the Margins of History (Yale UP, 2023) invites us to imagine a world where monoculture is in retreat and the margins are recentered as spaces of experimentation, nimbleness, and human flourishing.Deborah Valenze is the Ann Whitney Olin Professor of History at Barnard College. A recipient of numerous fellowships, she has written four previous books on British culture and economic life. She lives in Cambridge, MA, and New York City.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

Electrifying Indonesia: Technology and Social Justice in National Development (U Wisconsin Press, 2023) tells the story of the entanglement of politics and technology during Indonesia's rapid post-World War II development. As a central part of its nation-building project, the Indonesian state sought to supply electricity to the entire country, bringing transformative socioeconomic benefits across its heterogeneous territories and populations. While this project was driven by nationalistic impulses, it was also motivated by a genuine interest in social justice. The entanglement of these two ideologies-nation-building and equity-shaped how electrification was carried out, including how the state chose the technologies it did. Private companies and electric cooperatives vied with the hegemonic state power company to participate in a monumental undertaking that would transform daily life for all Indonesians, especially rural citizens.In this innovative volume, Anto Mohsin brings Indonesian studies together with science and technology studies to understand a crucial period in modern Indonesian history. He shows that attempts to illuminate the country were inseparable from the effort to maintain the new nation-state, chart its path to independence, and legitimize ruling regimes. In exchange for an often dramatically improved standard of living, people gave their votes, and their acquiescence, to the ruling government. Learn more about your ad choices. Visit megaphone.fm/adchoices

What is the future of the film industry? In Mobile Hollywood Labor and the Geography of Production (U California Press, 2024), Kevin Sanson, Professor of Media Studies and Head of the School of Communication at Queensland University of Technology, examines the way Hollywood film production has become a global industry. The book theorises Hollywood as a distinct spatial assemblage, and examines the consequences of the rise of global, mobile film production for places and for workers. Offering a unique perspective on the challenges of this new mode of production, alongside insights on how ‘good work’ can be defended and preserved in media industries, the book is essential reading across the humanities and social sciences, as well as for anyone interested in media today. The book is also available open access here. Learn more about your ad choices. Visit megaphone.fm/adchoices

In the early 1980s, Walt Disney Productions was struggling, largely bolstered by the success of its theme parks. Within fifteen years, however, it had become one of the most powerful entertainment conglomerates in the world. Staging a Comeback: Broadway, Hollywood, and the Disney Renaissance (Rutgers University Press, 2023) by Dr. Peter Kunze argues that far from an executive feat, this impressive turnaround was accomplished in no small part by the storytellers recruited during this period.Drawing from archival research, interviews, and textual analysis, Dr. Kunze examines how the hiring of theatrically trained talent into managerial and production positions reorganized the lagging animation division and revitalized its output. By Aladdin, it was clear that animation—not live action—was the center of a veritable “renaissance” at Disney, and the animated musicals driving this revival laid the groundwork for the company’s growth into Broadway theatrical production. The Disney Renaissance not only reinvigorated the Walt Disney Company but both reflects and influenced changes in Broadway and Hollywood more broadly.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 Hispano Bastion: New Mexican Power in the Age of Manifest Destiny, 1837-1860 (University of New Mexico Press, 2023), historian Dr. Michael J. Alarid examines New Mexico's transition from Spanish to Mexican to US control during the nineteenth century and illuminates how emerging class differences played a crucial role in the regime change.After Mexico won independence from Spain in 1821, trade between Mexico and the United States attracted wealthy Hispanos into a new market economy and increased trade along El Camino Real, turning it into a burgeoning exchange route. As landowning Hispanos benefited from the Santa Fe trade, traditional relationships between wealthy and poor Nuevomexicanos--whom Alarid calls patrónes and vecinos--started to shift. Far from being displaced by US colonialism, wealthy Nuevomexicanos often worked in concert with new American officials after US troops marched into New Mexico in 1846, and in the process, Dr. Alarid argues, the patrónes abandoned their customary obligations to vecinos, who were now evolving into a working class. Wealthy Nuevomexicanos, the book argues, succeeded in preserving New Mexico as a Hispano bastion, but they did so at the expense of poor vecinos.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

"With the benefit of hindsight, it is clear that 1949 was actually the beginning, not the end, of the Chinese revolution." Building from this premise, Andrew G. Walder's new book looks at the ways that China was transformed in the 1950s in order to understand why and how Mao's decisions and initiatives - among those of other leaders - had the effects that they did. Written for a broad reading audience, China Under Mao: A Revolution Derailed (Harvard University Press, 2015)focuses on a core theme: the results of Mao's initiatives were often "unintended, unanticipated, and unwanted," by Mao himself, the party leadership, and the broader population. To help readers understand why this is important and how it happened, the first part of Walder's book offers a detailed and compelling account of the Communist Party's road to power and the legacy of this struggle for what happened after, including a military mobilization that formed the bureaucratic foundation for the new Chinese state, an organization oriented toward discipline and unity, and a flawed economic system imported from the Soviet Union. (Walder pays special attention to the differences in party tactics for mobilizing the cities and countryside.) The later chapters explore the transformations in the party in the 1950s and after, including a significant change in the meaning and motives for party membership that spurred Mao to enact measures with consequences ranging from counterproductive to devastating. China Under Mao analyzes these consequences, including the political and organizational causes of the massive failure of the Great Leap Forward and its aftermath. The book ends with a call to rethink Mao's legacy. Learn more about your ad choices. Visit megaphone.fm/adchoices

In the nineteenth and twentieth centuries, a handful of powerful European states controlled more than a third of the land surface of the planet. These sprawling empires encompassed not only rainforests, deserts, and savannahs but also some of the world’s most magnificent rivers, lakes, marshes, and seas. Liquid Empire: Water and Power in the Colonial World (Princeton University Press, 2024) by Dr. Corey Ross tells the story of how the waters of the colonial world shaped the history of imperialism, and how this imperial past still haunts us today.Spanning the major European empires of the period, Dr. Ross describes how new ideas, technologies, and institutions transformed human engagements with water and how the natural world was reshaped in the process. Water was a realm of imperial power whose control and distribution were closely bound up with colonial hierarchies and inequalities—but this vital natural resource could never be fully tamed. Ross vividly portrays the efforts of officials, engineers, fisherfolk, and farmers to exploit water, and highlights its crucial role in the making and unmaking of the colonial order.Revealing how the legacies of empire have persisted long after colonialism ebbed away, Liquid Empire provides needed historical perspective on the crises engulfing the world’s waters, particularly in the Global South, where billions of people are faced with mounting water shortages, rising flood risks, and the relentless depletion of sea life.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

When U.S. presidents clash with corporate titans, what tips the balance of power?In The Power and the Money: The Epic Clashes Between Commanders in Chief and Titans of Industry (Regnery History, 2024), acclaimed presidential historian Tevi Troy takes readers on a riveting journey through the biggest battles between CEOs and the nation's commander in chief. He unearths the untold stories - both political and personal - that have shaped America.Troy shows how the vast reach of the federal government become a critical fact of life for every business, entrepreneur, and innovator. Today, companies find themselves navigating a competitive landscape defined by stringent regulations, so top CEOs and key business leaders must influence the legislative and regulatory system. As public affairs teams and government relations experts put forward strategies to survive Washington, CEOs have become the most important warrior on the frontlines. The Power and the Money shows how some of the nation's most important CEOs forged (and fumbled) relationships with the president.Troy also shows how the most powerful man in the world depends on CEOs. CEOs provide assistance in the form of personnel, policy insights, and campaign cash, but they also become essential foils for presidents, serving as both allies and convenient enemies.The Power and the Money reveals an intricate web of power, where CEOs need presidents, and presidents need CEOs. Troy shows how each must step carefully - or risk unpredictable costs and collateral damage. From heavyweights John D. Rockefeller and Mark Zuckerberg to Katherine Graham, Elon Musk, and more, Troy takes readers inside the friendships and the conflicts that shook the American economy and re-shaped America.Drawing on his experiences as bestselling historian and former senior White House aide, Troy offers unique insights and details that shed light on the growing, intertwining behemoths of government and big business - and what it means for the future of our nation. Learn more about your ad choices. Visit megaphone.fm/adchoices

Commercial Banking in Kenya: A History from Colonisation to Digital Age (Routledge, 2024) investigates the impact of commercial banks in Kenya right through from their origins, to their role during the colonial period, the process of adaptation following independence, and up to their responses to new challenges and economic policies in the twenty-first century. The British colonisation of East Africa required the development of diverse political, social and economic institutions to advance and exercise control over the territories and their populations. Multinational commercial banks were among the first institutions, with the National Bank of India, Standard Bank of South Africa and Barclays Bank DCO all setting up business in Kenya, whilst continuing to maintain close relationships with the UK and other colonial actors. This book assesses the impact of commercial banks during the last years of colonial domination and the tools they used to adapt in the first decades of independence. The book concludes by considering how the colonial banking system has influenced the development of modern financial institutions in Kenya in the twenty-first century. This book argues that commercial banks are fundamental to understanding African colonies, and the foundations over which the financial system of contemporary Africa was constructed. It will be of interest to researchers of banking, economic history, the colonial period, and African studies.Christian Velasco was born in Mexico City and studied History at the National Autonomous University of Mexico (UNAM), where he specialized in economic history. In 2013, he was awarded a master's degree at the London School of Economics, with a comparative study of banking in Ghana and Botswana. The University of Warwick awarded him a PhD in 2019, working under the supervision of David Anderson and Daniel Branch, with a dissertation titled The Kenyan Banking System: From Colonial Expansion to Independence Uncertainty, 1950–1970. He is currently full-time academic staff at the Centro de Investigación y Docencia Económica (CIDE) in Mexico City.Other publications discussed during the interview are:Rouse, M. , Bátiz-Lazo, B., and Carbo-Valverde, S. (2023) ‘M-Pesa and the role of the entrepreneurial state in a cashless technology to deliver an inclusive financial sector’, Essays in Economic and Business History, 41, pp. 109-133.Velasco, C. (2022), "The African Savers and the Post Office Savings Bank in Colonial Kenya (1910–1954)," The Journal of Imperial and Commonwealth History, DOI: 10.1080/03086534.2021.2020426Willis, J. & Velasco, C. (2024), "Saving, Inheritance and Future-Making in 1940s Kenya," Past & Present, https://doi.org/10.1093/pastj/gtae013 Learn more about your ad choices. Visit megaphone.fm/adchoices