New Books in Economics

Our guest today tells us that the seemingly straightforward field of logistics lies at the heart of contemporary globalization, imperialism, and economic inequality. Listen to Deb Cowen, the author of The Deadly Life of Logistics: Mapping Violence in Global Trade (University of Minnesota Press, 2014), discuss how the field of logistics reshaped global capitalism, undermined worker power, and even transformed how we think about life and death. Learn more about your ad choices. Visit megaphone.fm/adchoicesSupport our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics

Today we’ll focus on the history of resistance to the New Deal. In her book Invisible Hands: The Businessmen’s Crusade Against the New Deal (W. W. Norton,2010), Kimberly Phillips-Fein details how many of the most prominent elites had their ideas and practices shaped by groups that were part of organized resistance to the New Deal. She argues that this history helps revise common understandings of the rise of conservatism in the 1970s and after. Learn more about your ad choices. Visit megaphone.fm/adchoicesSupport our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics

Robert Putnam is the author of Our Kids: The American Dream in Crisis (Simon and Schuster, 2015). Putnam is the Peter and Isabel Malkin Professor of Public Policy at Harvard University. He has written fourteen books including the best-seller, Bowling Alone: The Collapse and Revival of American Community. Few political scientists command attention like Robert Putnam. For that reason, scholars and the wider public are eager for his take on our current state of affairs. His latest book, Our Kids, paints a grim picture of US life in the twentieth century. The social mobility that Putnam associates with his childhood growing up in Ohio is largely gone, replaced by deep income inequality and increasingly rigid class boundaries. Putnam demonstrates this with a combination of individual stories and supporting social science evidence all that point to education (or inadequate education) as the key determining factor. But in the end Putnam is not a pessimist, instead he sees opportunities for social change. The book ends with a series of recommendations, most non-political, but all aimed to address the country’s mobility problem. Learn more about your ad choices. Visit megaphone.fm/adchoicesSupport our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics

Two Canadian socialist thinkers have published a new book on the successes and failures, the crises, contradictions and conflicts in present-day capitalism. In The Making of Global Capitalism: The Political Economy of American Empire (Verso, 2013), Leo Panitch and Sam Gindin trace the evolution of the international capitalist system over the last century. (Panitch is a professor of political science at Toronto’s York University while Gindin holds the Packer Chair in Social Justice at York.) They argue that today’s global capitalism would not have been possible without American leadership especially after the two World Wars and that the U.S. Treasury and Federal Reserve were more crucial in extending and maintaining American power than the Pentagon or the CIA. The U.S. capitalist empire is an “informal” one, they write, in which Americans set the terms for international trade and investment in partnership with other sovereign, but less powerful states. Panitch and Gindin also disagree with those who contend that China is set to replace the U.S. as the world’s economic superpower. They write that China does not have the institutional capacity to manage the crisis-prone, global capitalist system — a burden that, for the foreseeable future, will continue to be carried by the American empire. The Making of Global Capitalism: The Political Economy of American Empire won the 2013 Deutscher Prize awarded for books which exemplify “the best and most innovative new writing in or about the Marxist tradition.” The New Books Network spoke with co-author Leo Panitch during his recent visit to Halifax, Nova Scotia. Learn more about your ad choices. Visit megaphone.fm/adchoicesSupport our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics

Nicolas Rasmussen‘s new book maps the intersection of biotechnology and the business world in the last decades of the twentieth century. Gene Jockeys: Life Science and the Rise of Biotech Enterprise (Johns Hopkins University Press, 2014) takes readers into the fascinating world of entrepreneur-biologists as they developed five of the first products of genetic engineering. Based on a documentary archive that includes oral history interviews and corporate documents resulting from patent litigation, Rasmussen’s book emphasizes the agency of the biologists in in driving the development of first-generation recombinant DNA drugs like insulin, human growth hormone, and interferon. After an introduction to the development of basic molecular biology in a Cold War context – and paying special attention to the ways that Kuhn’s notion of “normal science” helped shape the discipline – the ensuing chapters each present a case study that illustrates an important aspect of the history of biotech’s rise as manifest in laboratories, courtrooms, universities, freezers, markets, and the public arena. Gene Jockeys closes with a chapter that considers the policy lessons that can be taken from this story. Learn more about your ad choices. Visit megaphone.fm/adchoicesSupport our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics

Michael Kwass‘s new book, Contraband: Louis Mandrin and the Making of a Global Underground is much more than an exciting biography of the notorious eighteenth-century smuggler whose name remains legendary in contemporary France. Focusing on the rise and fall of a mythic, early-modern French bandit, Kwass’s study moves between the micro- and the macro-historical, revealing the crucial role that smuggling played in a French economic and political landscape that must be understood in global perspective. The book shows how the underground economy that emerged during the ancien regime developed in close relationship to the trade practices and regulation attempts of the French state. The opposite was also true. State efforts to regulate trade in tobacco and calico from the reign of Louis XIV onwards contributed to the development of illicit activity and networks, and the desire to quash the economic underground, in turn, provoked changes in economic policy, legislation, and perceptions of the need for reform in the years leading up to the French Revolution. Revisiting the history of the “consumer revolution” of the eighteenth century, Contraband draws our attention to the violence and struggle that accompanied the proliferation of goods and markets associated with “modernity.” In our interview, Michael underlines his aim to write a history inspired by, and in conversation with, more recent events and debates about “the dark side of globalization”. This makes the book a must-read for anyone interested in the longer-term history of the forms of contraband, regulation, and resistance that shape the economic, political, and cultural networks (both legal and illicit) of the present on a global scale. Learn more about your ad choices. Visit megaphone.fm/adchoicesSupport our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics

Rita Denny and Patricia Sunderland‘s bookHandbook of Anthropology in Business (Left Coast Press, 2014) isa groundbreaking collection of essays all related to Business Anthropology. As with all interdisciplinary subjects, business anthropology has been infiltrated by other social scientists, designers and marketers. Denny and Sunderland made sure to also include those perspectives among the 60 plus authors that are featured in the handbook. This is a great reference for any anthropologist in practice, and an interesting read about the ways in which anthropology is adapting and changing. Questions about how to present anthropological findings and conduct fieldwork in a business setting are analyzed through the lenses of the academic discipline and the industry, If you have any interest in practicing anthropology, conducting ethnography, or anthropological research methods in business, this is a must have reference for your shelf. Learn more about your ad choices. Visit megaphone.fm/adchoicesSupport our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics

Sarah Besky, an Assistant Professor of Anthropology at the University of Michigan, dives into the intricate world of Darjeeling tea plantations. She discusses the harsh realities faced by tea pickers and critiques fair trade practices, revealing their limits in addressing systemic labor exploitation. Besky explores the historical evolution of Darjeeling from a colonial retreat to a modern tea hub, highlighting the socio-political implications of its production. She also examines the significance of geographical indication, contrasting romanticized views of tea with the authentic struggles of its laborers.

Jamie Cross, a Lecturer in Social Anthropology and Development at the University of Edinburgh, discusses his book, which examines dreams of the future in special economic zones in India. He reveals how stakeholders' anticipations shape their realities in capitalism and labor. Listeners will learn about the intricate social dynamics involved, including grassroots resistance to SEZs and the empowerment of local communities. Cross also shares insights from a diamond factory's floor, illustrating the complexities of worker-manager relationships amid industrial challenges.

Loraine Kennedy‘s The Politics of Economic Restructuring in India: Economic Governance and State Spatial Rescaling (Routledge, 2014) is a timely and important intervention into the debate on how economic liberalisation is transforming the Indian state. The book’s central argument is that these reforms have ‘rescaled’ the Indian state, with important consequences for growth and economic governance. This is perused through analyses of state strategies, Special Economic Zones and urban development, amongst others. Learn more about your ad choices. Visit megaphone.fm/adchoicesSupport our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics