New Books in Economic and Business History

Despite uncertain beginnings, public broadcasting emerged as a noncommercial media industry that transformed American culture. In Shadow of the New Deal: The Victory of Public Broadcasting (U Illinois Press, 2023), Josh Shepperd looks at the people, institutions, and influences behind the media reform movement and clearinghouse the National Association of Educational Broadcasters (NAEB) in the drive to create what became the Public Broadcasting Service and National Public Radio.Founded in 1934, the NAEB began as a disorganized collection of undersupported university broadcasters. Shepperd traces the setbacks, small victories, and trial-and-error experiments that took place as thousands of advocates built a media coalition premised on the belief that technology could ease social inequality through equal access to education and information. The bottom-up, decentralized network they created implemented a different economy of scale and a vision of a mass media divorced from commercial concerns. At the same time, they transformed advice, criticism, and methods adopted from other sectors into an infrastructure that supported public broadcasting in the 1960s and beyond.Connor Kenaston is an Assistant Professor of History and Ainsworth Scholar in American Culture at Randolph College. Learn more about your ad choices. Visit megaphone.fm/adchoices

Philip Stern places the corporation―more than the Crown―at the heart of British colonialism, arguing that companies built and governed global empire, raising questions about public and private power that were just as troubling four hundred years ago as they are today.Across four centuries, from Ireland to India, the Americas to Africa and Australia, British colonialism was above all the business of corporations. Corporations conceived, promoted, financed, and governed overseas expansion, making claims over territory and peoples while ensuring that British and colonial society were invested, quite literally, in their ventures. Colonial companies were also relentlessly controversial, frequently in debt, and prone to failure. The corporation was well-suited to overseas expansion not because it was an inevitable juggernaut but because, like empire itself, it was an elusive contradiction: public and private; person and society; subordinate and autonomous; centralized and diffuse; immortal and precarious; national and cosmopolitan―a legal fiction with very real power.Breaking from traditional histories in which corporations take a supporting role by doing the dirty work of sovereign states in exchange for commercial monopolies, Stern argues that corporations took the lead in global expansion and administration. Whether in sixteenth-century Ireland and North America or the Falklands in the early 1980s, corporations were key players. And, as Empire, Incorporated: The Corporations That Built British Colonialism (Harvard UP, 2023) makes clear, venture colonialism did not cease with the end of empire. Its legacies continue to raise questions about corporate power that are just as relevant today as they were 400 years ago.Challenging conventional wisdom about where power is held on a global scale, Stern complicates the supposedly firm distinction between private enterprise and the state, offering a new history of the British Empire, as well as a new history of the corporation.Thomas Kingston is an early career scholar and a voracious reader (183 books in 2021). You can find his website at www.thomasekingston.com or reach him on twitter @thomasekingston 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 University Press, 2023) 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.Caleb Zakarin is the Assistant Editor of the New Books Network. Learn more about your ad choices. Visit megaphone.fm/adchoices

Historian Paula de la Cruz-Fernandez talks about her book, Gendered Capitalism: Sewing Machines and Multinational Business in Spain and Mexico, 1850-1940 (Routledge, 2021), with Peoples & Things host, Lee Vinsel. Gendered Capitalism tells the fascinating tale of how the Singer corporation operated in Spain and Mexico. Along the way, Cruz-Fernandez finds that selling sewing machines was not a top-down process by which an American corporation forced its products on unwilling consumers, but a complex development that involved collective entrepreneurship and most importantly the dreams, ideals, and efforts of women who worked with sewing machines in the home. The book raises larger questions about how we think about processes of technology adoption in different cultures and about the relationship between corporations and consumers.Lee Vinsel is an associate professor in the Department of Science, Technology and Society at Virginia Tech. He studies human life with technology, with particular focus on the relationship between government, business, and technological change. His first book, Moving Violations: Automobiles, Experts, and Regulations in the United States, was published by Johns Hopkins University Press in July 2019. Learn more about your ad choices. Visit megaphone.fm/adchoices

In the last years of his life, Karl Marx expanded his research in new directions-studying recent anthropological discoveries, analyzing communal forms of ownership in precapitalist societies, supporting the populist movement in Russia, and expressing critiques of colonial oppression in India, Ireland, Algeria, and Egypt. Between 1881 and 1883, he also traveled beyond Europe for the first and only time. Focusing on these last years of Marx's life, this book dispels two key misrepresentations of his work: that Marx ceased to write late in life, and that he was a Eurocentric and economic thinker fixated on class conflict alone. With The Last Years of Karl Marx: An Intellectual Biography (Stanford UP, 2020), Marcello Musto claims a renewed relevance for the late work of Marx, highlighting unpublished or previously neglected writings, many of which remain unavailable in English. Readers are invited to reconsider Marx's critique of European colonialism, his ideas on non-Western societies, and his theories on the possibility of revolution in noncapitalist countries. From Marx's late manuscripts, notebooks, and letters emerge an author markedly different from the one represented by many of his contemporary critics and followers alike. As Marx currently experiences a significant rediscovery, this volume fills a gap in the popularly accepted biography and suggests an innovative reassessment of some of his key concepts. Marcello Musto is a professor of sociology, and the founding director of the Laboratory for Alternative Theories, at York University in Canada. David Norman Smith. Professor of Sociology, University of Kansas. His work focuses on the intersection between political sociology, political psychology, and political economy Peter Hudis is Professor of Philosophy and Humanities at Oakton Community College and author of Marx's Concept of the Alternative to Capitalism Sean Sayers is Professor Emeritus of Philosophy at the University of Kent, He has published extensively on topics in Marxist and Hegelian philosophy. 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. Learn more about your ad choices. Visit megaphone.fm/adchoices

California's Silicon Valley is home to the greatest concentration of designers in the world: corporate design offices at flagship technology companies and volunteers at nonprofit NGOs; global design consultancies and boutique studios; research laboratories and academic design programs. Together they form the interconnected network that is Silicon Valley. Apple products are famously “Designed in California,” but, as Barry Katz shows in this first-ever, extensively illustrated history, the role of design in Silicon Valley began decades before Steve Jobs and Steve Wozniak dreamed up Apple in a garage.In Make it New, Katz tells how design helped transform Silicon Valley into the most powerful engine of innovation in the world. From Hewlett-Packard and Ampex in the 1950s to Google and Facebook today, design has provided the bridge between research and development, art and engineering, technical performance and human behavior. Katz traces the origins of all of the leading consultancies—including IDEO, frog, and Lunar—and shows the process by which some of the world's most influential companies came to place design at the center of their business strategies. At the same time, universities, foundations, and even governments have learned to apply “design thinking” to their missions. Drawing on unprecedented access to a vast array of primary sources and interviews with nearly every influential design leader—including Douglas Engelbart, Steve Jobs, and Don Norman—Katz reveals design to be the missing link in Silicon Valley's ecosystem of innovation.Barry M. Katz is Professor of Industrial and Interaction Design at California College of the Arts, Consulting Professor in the Design Group at Stanford University, and Fellow at IDEO, Inc. He is coauthor of Change by Design, with Tim Brown, and NONOBJECT, with Branko Lukić (MIT Press). Learn more about your ad choices. Visit megaphone.fm/adchoices

As Nazi Germany began to conquer Europe, America’s military was unprepared, too small, and poorly supplied. The Nazis were supported by robust German factories that created a seemingly endless flow of arms, trucks, tanks, airplanes, and submarines. The United States, emerging from the Great Depression, was skeptical of American involvement in Europe and not ready to wage war. Hardened isolationists predicted disaster if the country went to war.In V Is For Victory: Franklin Roosevelt's American Revolution and the Triumph of World War II (Scribner, 2023), Craig Nelson traces how Franklin D. Roosevelt steadily and sometimes secretively put America on a war footing by convincing America’s top industrialists such as Henry Ford Jr. to retool their factories, by diverting the country’s supplies of raw materials to the war effort, and above all by convincing the American people to endure shortages, to work in wartime factories, and to send their sons into harm’s way. Within a few years, the nation’s workers were producing thousands of airplanes and tanks, hundreds of warships and submarines. Under FDR’s resolute leadership, victory at land and sea and air across the globe began at home in America—a powerful and essential narrative largely overlooked in conventional histories of the war but which, in Nelson’s skilled, authoritative hands, becomes an illuminating and important work destined to become an American history classic.AJ Woodhams hosts the "War Books" podcast. You can subscribe on Apple here and on Spotify here. War Books is on YouTube, Facebook and Instagram. Learn more about your ad choices. Visit megaphone.fm/adchoices

The rise of the Indian information technology industry is a remarkable economic success story. Software and services exports from India amounted to less than $100 million in 1990, and today come close to $100 billion. But, as Dinesh Sharma explains in The Outsourcer, Indian IT's success has a long prehistory; it did not begin with software support, or with American firms' eager recruitment of cheap and plentiful programming labor, or with India's economic liberalization of the 1990s. The foundations of India's IT revolution were laid long ago, even before the country's independence from British rule in 1947, as leading Indian scientists established research institutes that became centers for the development of computer science and technology. The “miracle” of Indian IT is actually a story about the long work of converting skills and knowledge into capital and wealth. With The Outsourcer, Sharma offers the first comprehensive history of the forces that drove India's IT success.Sharma describes India's early development of computer technology, part of the country's efforts to achieve national self-sufficiency, and shows that excessive state control stifled IT industry growth before economic policy changed in 1991. He traces the rise and fall (and return) of IBM in India and the emergence of pioneering indigenous hardware and software firms. He describes the satellite communication links and state-sponsored, tax-free technology parks that made software-related outsourcing by foreign firms viable, and the tsunami of outsourcing operations at the beginning of the new millennium. It is the convergence of many factors, from the tradition of technical education to the rise of entrepreneurship to advances in communication technology, that have made the spectacular growth of India's IT industry possible.Dinesh C. Sharma is a journalist and author with thirty years of experience reporting on science, technology, and innovation. Learn more about your ad choices. Visit megaphone.fm/adchoices

California owes its origins and sunny prosperity to slavery. Spanish invaders captured Indigenous people to build the chain of Catholic missions. Russian otter hunters shipped Alaska Natives--the first slaves transported into California--and launched a Pacific slave triangle to China. Plantation slaves were marched across the plains for the Gold Rush. San Quentin Prison incubated California's carceral state. Kidnapped Chinese girls were sold in caged brothels in early San Francisco. Indian boarding schools supplied new farms and hotels with unfree child workers.By looking west to California, Jean Pfaelzer upends our understanding of slavery as a North-South struggle and reveals how the enslaved in California fought, fled, and resisted human bondage. In unyielding research and vivid interviews, Pfaelzer exposes how California gorged on slavery, an appetite that persists today in a global trade in human beings lured by promises of jobs but who instead are imprisoned in sweatshops and remote marijuana grows, or sold as nannies and sex workers.California, a Slave State (Yale UP, 2023) shreds California's utopian brand, rewrites our understanding of the West, and redefines America's uneasy paths to freedom. Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode I met with the editors of the Elgar Publishing Handbook of Historical Methods for Management, Stephanie Decker, Professor of Strategy, University of Birmingham Business School, in the UK, and Professor of African Business History, University of Gothenburg in Sweden, William M. Foster, Professor of Management at the University of Alberta in Canada, and Elena Giovannoni, Professor of Accounting at the Royal Holloway University in London, and the University of Siena in Italy.The Handbook of Historical Methods for Management is invaluable for researchers seeking to expand their methodological toolkit. Not only does it showcase a variety of interdisciplinary approaches to the study of management, the Handbook also provides both practical guidance and conceptual insights that present an inclusive overview of historical techniques for management. Authored by leading experts in the field, this timely Handbook provides practical examples that explain the different processes involved in historical methods of enquiry. It introduces a wide variety of topics such as archival research, organizational memory, materiality, and ANTi-history, offering insights into the complexity of this broad field.Ultimately, the chapters revitalise historical methods in managementand organizational studies through careful, interdisciplinary methodological guidance. This comprehensive Handbook is essential for business, economics and management scholars seeking to clarify their studies. It will additionally be valuable for those in management positions striving to learn more about historical perspectives used to study the field.Episode hosted by Paula de la Cruz-Fernández, host of the Economic and Business History Channel and editor of the New Books Network en español. Learn more about your ad choices. Visit megaphone.fm/adchoices