New Books in Economic and Business History

In this engaging discussion, Erik Baker, author and expert on work culture, explores his book on the entrepreneurial work ethic that has shaped America. He delves into how this mindset changed perceptions of work, pushing thrift and persistence aside for initiative and self-creation. Baker connects historical movements, from the late 19th century to today's gig economy, highlighting the consequences of this shift on economic inequality and job security. He critiques traditional work ethics while examining the influence of entrepreneurialism on American identity and policies.

Rachel Gross, an assistant professor at the University of Colorado Denver and co-editor of *Big Box USA*, dives into the environmental impact of major retail giants like Walmart and REI. She discusses how these stores, while often critiqued for their ecological footprints, can also promote sustainable practices like marine conservation. Gross explores the shifting dynamics of outdoor apparel and identity, revealing the complexities of consumer culture. Join her as she unpacks the intricate relationships between retail, culture, and the environment.

A History of Capitalist Transformation: A Critique of Liberal-Capitalist Reforms highlights how, since the recent financial crises, the expression ‘liberal reform’ has entered common parlance as an evocative image of austerity and economic malaise, especially for the working classes and a segment of the middle class. But what exactly does ‘liberal reform’ refer to? The research analyzes the historical origins of liberal-capitalist reformism using a critical approach, starting with the origins of the Industrial Revolution.The book demonstrates that the chief purpose of such reforms was to integrate semi-peripheral states into the capitalist world-economy by imposing, both directly and indirectly, the adoption of rules, institutions, attitudes, and procedures amenable to economic and political interests of capitalist élites and hegemonic states – Britain first, the United States later – between the nineteenth and twenty-first centuries. As such, the reforms became an active tool used to promote social-economical-financial institutions, norms, and lifestyles typical of a liberal-capitalist economic order which locates some of its founding values in capital accumulation, profit-seeking, and social transformation.This book will be of significant interest to readers on capitalism, political economy, the history of the global economy, and British history.Giampaolo Conte is Assistant Professor in Economic History at University of Roma Tre, Italy.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

In Chasing Archipelagic Dreams: The Expansion of Foreign Influence in Sabah amid the End of Empire, 1945–1965 (Cornell University Press, 2024), Dr. David R. Saunders demonstrates that the withdrawal of the British imperial state from Sabah did not result in the decolonization of the territory. From the late 1940s to the 1960s, international anti-colonialism interacted with regional competition over Sabah to result in a paradoxical increase of British power and influence on the ground. Meanwhile, ethnic, social, and political heterogeneity in Sabah contributed to fragmentation and disunity, undermining the development of a local anti-colonial movement. Instead, a class of influential local elites seized power as competing attempts by the Philippines, Indonesia, and Malaya to incorporate the territory into their respective archipelagic spheres grew in strength.Due to these local and international rivalries, Dr. Saunders argues, Sabah's eventual merger with the Federation of Malaysia in 1963 prompted an extension of colonial-style rule, resource extraction, the suppression of local autonomy, and the imposition of an externally-configured national identity.Chasing Archipelagic Dreams underscores the significance of regional rivalries in the South China Sea and highlights the fate of subaltern communities bisected by (post)colonial borders.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 Poverty and Wealth in East Africa: A Conceptual History (Duke UP, 2022), Rhiannon Stephens offers a conceptual history of how people living in eastern Uganda have sustained and changed their ways of thinking about wealth and poverty over the past two thousand years. This history serves as a powerful reminder that colonialism and capitalism did not introduce economic thought to this region and demonstrates that even in contexts of relative material equality between households, people invested intellectual energy in creating new ways to talk about the poor and the rich. Stephens uses an interdisciplinary approach to write this history for societies without written records before the nineteenth century. She reconstructs the words people spoke in different eras using the methods of comparative historical linguistics, overlaid with evidence from archaeology, climate science, oral traditions, and ethnography. Demonstrating the dynamism of people's thinking about poverty and wealth in East Africa long before colonial conquest, Stephens challenges much of the received wisdom about the nature and existence of economic and social inequality in the region's deeper past. Learn more about your ad choices. Visit megaphone.fm/adchoices

Over the span of two hundred years, Great Britain established, governed, lost, and reconstructed an empire that embraced three continents and two oceanic worlds. The British ruled this empire by correlating incoming information about the conduct of subjects and aliens in imperial spaces with norms of good governance developed in London. Officials derived these norms by studying the histories of government contained in the official records of both the state and corporations and located in repositories known as archives.As the empire expanded in both the Americas and India, however, this system of political knowledge came to be regarded as inadequate in governing the non-English people who inhabited the lands over which the British asserted sovereignty. This posed a key problem for imperial officials: What kind of knowledge was required to govern an empire populated by a growing number of culturally different people? Using files, pens, and paper, the British defined the information order of the modern state as they debated answers to this question. In tracing the rise and deployment of archives in early modern British imperial rule, in The Archive of Empire: Knowledge, Conquest, and the Making of the Early Modern British World (Yale University Press, 2024) Dr. Asheesh Kapur Siddique uncovers the origins of our data-driven present.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

Ordering Customs: Ethnographic Thought in Early Modern Venice (University of Delaware Press, 2023) explores how Renaissance Venetians sought to make sense of human difference in a period characterized by increasing global contact and a rapid acceleration of the circulation of information. Venice was at the center of both these developments. The book traces the emergence of a distinctive tradition of ethnographic writing that served as the basis for defining religious and cultural difference in new ways. Taylor draws on a trove of unpublished sources-diplomatic correspondence, court records, diaries, and inventories-to show that the study of customs, rituals, and ways of life not only became central in how Venetians sought to apprehend other peoples, but also had a very real impact at the level of policy, shaping how the Venetian state governed minority populations in the city and its empire. In contrast with the familiar image of ethnography as the product of overseas imperial and missionary encounters, the book points to a more complicated set of origins. Learn more about your ad choices. Visit megaphone.fm/adchoices

We take it for granted that good neighborhoods—with good schools and good housing—are inaccessible to all but the very wealthy. But, in America, this wasn’t always the case. Though for most of world history your prospects were tied to where you were born, Americans came up with a revolutionary idea: If you didn’t like your lot in life, you could find a better location and reinvent yourself there. Americans moved to new places with unprecedented frequency, and for 200 years, that remarkable mobility was the linchpin of American economic and social opportunity. Then, as the twentieth century wound down, economic and geographic stasis set in, producing deep social polarization. What happened? In Stuck: How the Privileged and the Propertied Broke the Engine of Prosperity (Random House, 2025), Yoni Appelbaum introduces us to the reformers who destroyed American mobility with discriminatory zoning laws, federal policies, and community gatekeeping. From the first zoning laws enacted to ghettoize Chinese Americans in nineteenth-century Modesto, California, to the toxic blend of private-sector discrimination and racist public policy that trapped Black families in mid-century Flint, Michigan, Appelbaum shows us how Americans lost the freedom to move. Even Jane Jacobs’s well-intentioned fight against development in Greenwich Village choked off opportunity for strivers—and started a trend that would put desirable neighborhoods out of reach for most of us. And yet he also offers glimmers of hope. Perhaps our problems as a nation aren’t as intractable as they seem. If we tear down the barriers to mobility and return to the social and economic dynamism Americans invented, we might be able to rediscover the tolerance and possibility that made us distinctive. Learn more about your ad choices. Visit megaphone.fm/adchoices

Though Latinx foodways are eagerly embraced and consumed by people across the United States, the nation exhibits a much more fraught relationship with Latinx people, including the largely underpaid and migrant workers who harvest, process, cook, and sell this desirable food. In Awaiting Their Feast: Latinx Food Workers and Activism from World War II to Covid-19 (UNC Press, 2025), Lori A. Flores traces how our dual appetite for Latinx food and Latinx food labor has evolved from the World War II era to the COVID-19 pandemic, using the US Northeast as an unexpected microcosm of this national history.Spanning the experiences of food workers with roots in Mexico, Puerto Rico, Cuba, the Dominican Republic, Haiti, and Central America, Flores's narrative travels from New Jersey to Maine and examines different links in the food chain, from farming to restaurants to seafood processing to the deliverista rights movement. What unites this eclectic material is Flores's contention that as our appetite for Latinx food has grown exponentially, the visibility of Latinx food workers has demonstrably decreased. This precariat is anything but passive, however, and has historically fought--and is still fighting--against low wages and exploitation, medical neglect, criminalization, and deeply ironic food insecurity. Learn more about your ad choices. Visit megaphone.fm/adchoices

At the close of the 1970s, government treasuries and central banks took a vow of perpetual self-restraint. To this day, fiscal authorities fret over soaring public debt burdens, while central bankers wring their hands at the slightest sign of rising wages. As the brief reprieve of coronavirus spending made clear, no departure from government austerity will be tolerated without a corresponding act of penance.Yet we misunderstand the scope of neoliberal public finance if we assume austerity to be its sole setting. Beyond the zero-sum game of direct claims on state budgets lies a realm of indirect government spending that escapes the naked eye. Capital gains are multiply subsidized by a tax system that reserves its greatest rewards for financial asset holders. And for all its airs of haughty asceticism, the Federal Reserve has become adept at facilitating the inflation of asset values while ruthlessly suppressing wages. Neoliberalism is as extravagant as it is austere, and this paradox needs to be grasped if we are to challenge its core modus operandi.In Counterrevolution: Extravagance and Austerity in Public Finance (Zone Books, 2024) Dr. Melinda Cooper examines the major schools of thought that have shaped neoliberal common sense around public finance. Focusing, in particular, on Virginia school public choice theory and supply-side economics, she shows how these currents produced distinct but ultimately complementary responses to the capitalist crisis of the 1970s. With its intellectual roots in the conservative Southern Democratic tradition, Virginia school public choice theory espoused an austere doctrine of budget balance. The supply-side movement, by contrast, advocated tax cuts without spending restraint and debt issuance without guilt, in an apparent repudiation of austerity. Yet, for all their differences, the two schools converged around the need to rein in the redistributive uses of public spending. Together, they drove a counterrevolution in public finance that deepened the divide between rich and poor and revived the fortunes of dynastic wealth.Far-reaching as the neoliberal counterrevolution has been, Dr. Cooper still identifies a counterfactual history of unrealized possibilities in the capitalist crisis of the 1970s. She concludes by inviting us to rethink the concept of revolution and raises the question: Is another politics of extravagance possible?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