New Books in Economic and Business History

"Luddite" has become an insult and Brain Merchant wants to change that. Blood in the Machine: The Origins of the Rebellion Against Big Tech (Little, Brown, 2023) tells the story of when machines starting taking human jobs, when an underground network of 19th century rebels, the Luddites, took up arms against the industrialists that were automating their work--and how it explains the power, threat, and toll of big tech today. Two hundred years ago in rural England, working men and women rose up en masse rather than starve at the hands of the factory owners who were using machines to erase and degrade their livelihoods. Under the banner of a mythical General Loud, they organized guerrilla raids, smashed specific machines, and threatened wealthy machine owners. Luddites won the support of Lord Byron, inspired Mary Shelley, and enraged the louche Prince Regent and his bloodthirsty government. Before it was over, much blood would be spilled--of rich and poor, of the invisible and of the powerful. This deeply misunderstood class struggle nearly brought 19th century England to its knees. Currently many fear that big tech is dominating our lives and machines replacing human labor run high. We worry that technology imperils millions of jobs, robots are ousting workers from factories, and artificial intelligence will soon remove drivers from cars. Saving the movement from what E. P. Thompson called "the enormous condescension of posterity", Merchant finds inspiration in Luddism for our current crises.Brian Merchant is the author of The One Device: The Secret History of the iPhone (2017, Little, Brown). His work has appeared in a variety of places including Wired and The Atlantic. He is a founder of VICE’s speculative fiction outlet Terraform and was the technology columnist at the Los Angeles Times. Learn more about your ad choices. Visit megaphone.fm/adchoices

A culinary and cultural history of plant-based eating in the United States that delves into the subcultures and politics that have defined alternative food. The vegan diet used to be associated only with eccentric hippies and tofu-loving activists who shop at co-ops and live on compounds. We’ve come a long way since then. Now, fine-dining restaurants like Eleven Madison Park cater to chic upscale clientele with a plant-based menu, and Impossible Whoppers are available at Burger King. But can plant-based food keep its historical anti-capitalist energies if it goes mainstream? And does it need to? In No Meat Required: The Cultural History and Culinary Future of Plant-Based Eating (Beacon Press, 2023), author Alicia Kennedy chronicles the fascinating history of plant-based eating in the United States, from the early experiments in tempeh production undertaken by the Farm commune in the 70s to the vegan punk cafes and anarchist zines of the 90s to the chefs and food writers seeking to decolonize vegetarian food today. Many people become vegans because they are concerned about the role capitalist food systems play in climate change, inequality, white supremacy, and environmental and cultural degradation. But a world where Walmart sells frozen vegan pizzas and non-dairy pints of ice cream are available at gas stations – raises distinct questions about the meanings and goals of plant-based eating. Kennedy—a vegetarian, former vegan, and once-proprietor of a vegan bakery—understands how to present this history with sympathy, knowledge, and humor. No Meat Required brings much-needed depth and context to our understanding of vegan and vegetarian cuisine, and makes a passionate argument for retaining its radical heart. Learn more about your ad choices. Visit megaphone.fm/adchoices

Wartime is not just about military success. Economists at War: How a Handful of Economists Helped Win and Lose the World Wars (Oxford UP, 2020) tells a different story - about a group of remarkable economists who used their skills to help their countries fight their battles during the Chinese-Japanese War, Second World War, and the Cold War.1935-55 was a time of conflict, confrontation, and destruction. It was also a time when the skills of economists were called upon to finance the military, to identify economic vulnerabilities, and to help reconstruction. Economists at War focuses on the achievements of seven finance ministers, advisors, and central bankers from Japan, China, Germany, the UK, the USSR, and the US. It is a story of good and bad economic thinking, good and bad policy, and good and bad moral positions. The economists suffered threats, imprisonment, trial, and assassination. They all believed in the power of economics to make a difference, and their contributions had a significant impact on political outcomes and military ends.Economists at War shows the history of this turbulent period through a unique lens. It details the tension between civilian resources and military requirements; the desperate attempts to control economies wracked with inflation, depression, political argument, and fighting; and the clever schemes used to evade sanctions, develop barter trade, and use economic espionage. Politicians and generals cannot win wars if they do not have the resources. This book tells the human stories behind the economics of wartime.Alan Bollard is a Professor of Economics at Victoria University of Wellington, New Zealand. He formerly managed APEC, the largest regional economic integration organization in the world, and was previously the New Zealand Reserve Bank Governor, Secretary of the New Zealand Treasury, and Chairman of the New Zealand Commerce Commission. Professor Bollard is the author of Crisis: One Central Bank Governor and the Global Financial Crisis (Auckland University Press, 2013) and A Few Hares to Chase: The Life and Economics of Bill Philips (Oxford University Press, 2016).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

Showing how the history of the apple goes far beyond the orchard and into the social, cultural and technological developments of Britain and the USA, Apples and Orchards since the Eighteenth Century: Material Innovation and Cultural Tradition (Bloomsbury, 2023) by Dr. Joanna Crosby takes an interdisciplinary approach to reveal the importance of the apple as a symbol of both tradition and innovation.From the 18th century in Britain, technological innovation in fruit production and orchard management resulted in new varieties of apples being cultivated and consumed, while the orchard became a representation of stability. In America orchards were contested spaces, as planting seedling apple trees allowed settlers to lay a claim to land. In this book, Dr. Crosby explores how apples and orchards have reflected the social, economic and cultural landscape of their times. From the association between English apples and 'English' virtues of plain speaking, hard work and resultant high-quality produce, to practices of wassailing highlighting the effects of urbanisation and the decline of country ways and customs, Apples and Orchards from the Eighteenth Century shows how this everyday fruit provides rich insights into a time of significant social change.This interview was conducted by Dr. Miranda Melcher whose forthcoming 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

Kristine M. McCusker's book Just Enough to Put Him Away Decent: Death Care, Life Extension, and the Making of a Healthier South, 1900-1955 (U Illinois Press, 2023) takes, as its focus, the combined history of death and health in the American South between 1900 and 1955. The text is ambitious in scope, and weaves together multiple oral histories to create a nuanced and engaging narrative. McCusker charts the ways in which low life expectancy in the South was regarded as problematic by commercial life insurance firms, concerned that their customers were paying insufficient dues before mortality provoked funeral expenditures, and the various Churches seeking to save souls before an untimely demise robbed them of the opportunity. Both agencies were heavily invested in health care. McCusker expertly weaves further threads into this complex narrative: Southern funeral practices, the theological basis for strong belief in family re-union at death, and racial divides that created exclusions and opportunities for the Black Americans to express their own deathways, increasingly supported through commercial enterprise. Two World Wars test and refine common frameworks for organizing the dead, and McCusker underlines the importance, amongst other things, of etiquette guidance on the correct ways to grieve and to express condolence. This is a remarkably rich text that will intrigue a more general readership and prove essential to death scholars in the US and further afield. Learn more about your ad choices. Visit megaphone.fm/adchoices

Why did khadi become so central to India’s freedom struggle? How did it evolve into an international trademark – and what does khadi signify in India today? In this episode, Kenneth Bo Nielsen talks to Subhadeep Chowdhury about the political, cultural, and economic importance of khadi, the famous handspun and woven natural fiber cloth that we often associate with Mahatma Gandhi, but which is also an international trademark and part of the world of contemporary Indian fashionSubhadeep Chowdhury is a Doctoral Research Fellow at the Department of Archaeology, Conservation and History, at the University of Oslo. He is currently finishing his dissertation that is provisionally titled “Made in Imperialism: An International History of Textiles and India’s Quest for Trademark Law 1877–1947.”Kenneth Bo Nielsen is a social anthropologist based at the University of Oslo, and one of the Leaders of the Norwegian Network for Asian Studies. Learn more about your ad choices. Visit megaphone.fm/adchoices

In 1817, in a region of the eastern coast of British India then known as Cuttack, a group of Paiks, the area's landed militia, began agitating against the East India Company's government, burning down government buildings and looting the treasury. While the attacks were initially understood as an attempt to return the territory's native ruler to power, investigations following the rebellion's suppression traced the cause back to the introduction of a model of revenue governance unsuited to local conditions. Elsewhere in British India, throughout the first half of the nineteenth century, interregional debates over revenue settlement models and property disputes in villages revealed an array of practices of governance that negotiated with the problem of their applicability to local conditions. And at the same time in Britain, the dominant Ricardian conception of political economy was being challenged by thinkers like Richard Jones and William Whewell, who sought to make political economy an inductive science, capable of analyzing the real world.Through analyses of these three interrelated moments in British imperial history, Upal Chakrabarti's Assembling the Local: Political Economy and Agrarian Governance in British India (U Pennsylvania Press, 2021) engages with articulations of the "local" on multiple theoretical and empirical fronts, weaving them into a complex reflection on the problem of difference and a critical commentary on connections between political economy, agrarian property, and governance. Chakrabarti argues that the "local" should be reconceptualized as an abstract machine, central to the construction of the universal, namely, the establishment of political economy as a form of governance in nineteenth-century British India.Arighna Gupta is a doctoral candidate in history at the University of Michigan, Ann Arbor. His dissertation attempts to trace early-colonial genealogies of popular sovereignty located at the interstices of monarchical, religious, and colonial sovereignties in India and present-day Bangladesh. Learn more about your ad choices. Visit megaphone.fm/adchoices

Japan is often imagined as a nation with a long history of whaling. In The Gods of the Sea: Whales and Coastal Communities in Northeast Japan, c.1600-2019 (Cambridge UP, 2023), Fynn Holm argues that for centuries some regions in early modern Japan did not engage in whaling. In fact, they were actively opposed to it, even resorting to violence when whales were killed. Resistance against whaling was widespread especially in the Northeast among the Japanese fishermen who worshiped whales as the incarnation of Ebisu, the god of the sea. Holm argues that human interactions with whales were much more diverse than the basic hunter-prey relationship, as cetaceans played a pivotal role in proto-industrial fisheries. The advent of industrial whaling in the early twentieth century, however, destroyed this centuries-long equilibrium between humans and whales. In its place, communities in Northeast Japan invented a new whaling tradition, which has almost completely eclipsed older forms of human-whale interactions. This title is also available as Open Access. Learn more about your ad choices. Visit megaphone.fm/adchoices

Bankers brought the global economic system to its knees in 2007 and nearly did the same in 2020. Both times, the US government bailed out the banks and left them in control. How can we end this cycle of trillion-dollar bailouts and make finance work for the rest of us? Busting the Bankers' Club confronts the powerful people and institutions that benefit from our broken financial system—and the struggle to create an alternative.Drawing from decades of research on the history, economics, and politics of banking, economist Gerald Epstein shows that any meaningful reform will require breaking up this club of politicians, economists, lawyers, and CEOs who sustain the status quo. Thankfully, there are thousands of activists, experts, and public officials who are working to do just that. Clear-eyed and hopeful, Busting the Bankers' Club: Finance for the Rest of Us (U California Press, 2024) centers the individuals and groups fighting for a financial system that will better serve the needs of the marginalized and support important transitions to a greener, fairer economy.Busting the Bankers’ Club is an eye-opening account of the failures of our financial system, the sources of its staying power, and the path to meaningful economic reform from Professor Gerald Epstein, Founding Codirector of the Political Economy Research Institute at the University of Massachusetts Amherst. Learn more about your ad choices. Visit megaphone.fm/adchoices

Today, being authentic has become an aspiration and an imperative. The notion of authenticity shapes the consumption habits of individuals in the most diverse contexts such as food and drinks, clothing, music, tourism and the digital sphere, even leading to the resurgence of apparently obsolescent modes of production such as craft. It also significantly transforms urban areas, their local economies and development. Alessandro Gerosa's The Hipster Economy: Taste and Authenticity in Late Modern Capitalism (UCL Press, 2024) analyses this complex set of related phenomena to argue that the quest for authenticity has been a driver of Western societies from the emersion of capitalism and industrial society to today.From this premise, the book advances multiple original contributions. First, it explains why and how authenticity has become a fundamental value orienting consumers' taste in late modern capitalism; second, it proposes a novel conceptualisation of the aesthetic regime of consumption; third, the book constitutes the first detailed analysis of the resurgence of the neo-craft industries, their entrepreneurs, and the economic imaginary of consumption underpinning them, and fourth, it analyses how the hipster economy is impacting the urban space, favouring new logic of urban development with contrasting outcomes.Open-source PDF version found at this link! Jeff Adler is an ex-linguist and occasional contributor to New Books Network! Learn more about your ad choices. Visit megaphone.fm/adchoices