New Books in Economics

As the US contends with issues of populism and de-democratization, this timely study considers the impacts of digital technologies on the country’s politics and society.In Algorithms and the End of Politics: How Technology Shapes 21st-Century American Life (Bristol University Press, 2021), Dr. Scott Timcke provides a Marxist analysis of the rise of digital media, social networks and technology giants like Amazon, Apple, Facebook and Microsoft. He looks at the impact of these new platforms and technologies on their users who have made them among the most valuable firms in the world.Offering bold new thinking across data politics and digital and economic sociology, this is a powerful demonstration of how algorithms have come to shape everyday life and political legitimacy in the US and beyond.Michael O. Johnston, Ph.D. is an Assistant Professor of Sociology at William Penn University. His most recent research, “The Queen and Her Royal Court: A Content Analysis of Doing Gender at a Tulip Queen Pageant,” was published in Gender Issues Journal. He researches culture, social identity, placemaking, and media representations of social life at festivals and celebrations. He is currently working on a book titled Community Media Representations of Place and Identity at Tug Fest: Reconstructing the Mississippi River. You can learn more about Dr. Johnston on his website, Google Scholar, on Twitter @ProfessorJohnst, or by email at johnstonmo@wmpenn.edu. Learn more about your ad choices. Visit megaphone.fm/adchoicesSupport our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics

As the US contends with issues of populism and de-democratization, this timely study considers the impacts of digital technologies on the country’s politics and society.In Algorithms and the End of Politics: How Technology Shapes 21st-Century American Life (Bristol University Press, 2021), Dr. Scott Timcke provides a Marxist analysis of the rise of digital media, social networks and technology giants like Amazon, Apple, Facebook and Microsoft. He looks at the impact of these new platforms and technologies on their users who have made them among the most valuable firms in the world.Offering bold new thinking across data politics and digital and economic sociology, this is a powerful demonstration of how algorithms have come to shape everyday life and political legitimacy in the US and beyond.Michael O. Johnston, Ph.D. is an Assistant Professor of Sociology at William Penn University. His most recent research, “The Queen and Her Royal Court: A Content Analysis of Doing Gender at a Tulip Queen Pageant,” was published in Gender Issues Journal. He researches culture, social identity, placemaking, and media representations of social life at festivals and celebrations. He is currently working on a book titled Community Media Representations of Place and Identity at Tug Fest: Reconstructing the Mississippi River. You can learn more about Dr. Johnston on his website, Google Scholar, on Twitter @ProfessorJohnst, or by email at johnstonmo@wmpenn.edu. Learn more about your ad choices. Visit megaphone.fm/adchoicesSupport our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics

In the first decades after World War II, many newly independent Asian and African countries and established Latin American states pursued a socialist development model. In Ripe for Revolution: Building Socialism in the Third World (Harvard UP, 2022), Jeremy Friedman traces the socialist experiment over forty years through the experience of five countries: Indonesia, Chile, Tanzania, Angola, and Iran.These states sought paths to socialism without formal adherence to the Soviet bloc or the programs that Soviets, East Germans, Cubans, Chinese, and other outsiders tried to promote. Instead, they attempted to forge new models of socialist development through their own trial and error, together with the help of existing socialist countries, demonstrating the flexibility and adaptability of socialism. All five countries would become Cold War battlegrounds and regional models, as new policies in one shaped evolving conceptions of development in another. Lessons from the collapse of democracy in Indonesia were later applied in Chile, just as the challenge of political Islam in Indonesia informed the policies of the left in Iran. Efforts to build agrarian economies in West Africa influenced Tanzania’s approach to socialism, which in turn influenced the trajectory of the Angolan model.Ripe for Revolution shows socialism as more adaptable and pragmatic than often supposed. When we view it through the prism of a Stalinist orthodoxy, we miss its real effects and legacies, both good and bad. To understand how socialism succeeds and fails, and to grasp its evolution and potential horizons, we must do more than read manifestos. We must attend to history.Jeremy Friedman is Associate Professor of Business Administration at Harvard Business School. The former Associate Director of the Brady-Johnson Program in Grand Strategy at Yale University, he is the author of Shadow Cold War: The Sino–Soviet Competition for the Third World.Thomas Kingston is currently a Huayu Enrichment Scholar, studying Mandarin Chinese at National Cheng Kung University, as he finds himself in post MPhil and pre PhD limbo. He holds an MA in Pacific Asian Studies from SOAS, University of London and an MPhil in Philosophy from Renmin University of China. His research interests focus on the political and intellectual histories of nationalism(s), imaginaries and colonialism in the East and Southeast Asian context. Learn more about your ad choices. Visit megaphone.fm/adchoicesSupport our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics

Nothing has had a more profound impact on the lives of humans than economic growth. Thus, understanding economic growth is, on its own, understanding the essence of humanity. This is the objective of The Journey of Humanity: The Origins of Wealth and Inequality (Dutton, 2022) by Oded Galor. A fascinating book that explores the universal forces behind economic growth and prosperity. With a marvelous exhibition of historical context, empirical evidence, and theoretical insights, Galor provides a comprehensive explanation of how humanity moved from stagnation to growth.In addition, building on his lifetime's investigation, Galor provides in The Journey of Humanity a brilliant and extensive explanation of why some societies have been more successful than others in improving the wellbeing of their populations. This explanation, full of historical and anthropological color, is deeply rooted in a carefully crafted exploration of the institutional, cultural, and environmental context that different societies across the globe have been exposed over the centuries.Overall, Galor’s book is a unique and masterful piece that everyone who is interested in the deep roots of the modern world must read.Javier Mejia is an economist at Stanford University, whose work focuses on the intersection between social networks and economic history. His interests extend to topics on entrepreneurship and political economy with a geographical specialty in Latin America and the Middle East. He received a Ph.D. in Economics from Los Andes University. He has been a Postdoctoral Associate and Lecturer at New York University--Abu Dhabi and a Visiting Scholar at the University of Bordeaux. He is a regular contributor to different news outlets. Currently, he is Forbes Magazine op-ed columnist. Learn more about your ad choices. Visit megaphone.fm/adchoicesSupport our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics

In her book Disorder: Hard Times in the 21st Century (Oxford UP, 2022), Cambridge academic Helen Thompson gets beyond the ephemeral and analyses instead the role of more fundamental drivers of events – including the energy markets and the international monetary system. That’s one way in which her book is distinctive. It’s also a very broad book. While much of academic output has a very narrow focus, this book is unusual in attempting a sweeping overview of what’s happening in the world. What role has energy played in disrupting politics especially since the 1970s? How has the US dominance of the international financial system impacted international relations? And how has the EU influenced democratic development in Europe?Owen Bennett-Jones is a freelance journalist and writer. A former BBC correspondent and presenter he has been a resident foreign correspondent in Bucharest, Geneva, Islamabad, Hanoi and Beirut. He is recently wrote a history of the Bhutto dynasty which was published by Yale University Press. Learn more about your ad choices. Visit megaphone.fm/adchoicesSupport our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics

In her book Disorder: Hard Times in the 21st Century (Oxford UP, 2022), Cambridge academic Helen Thompson gets beyond the ephemeral and analyses instead the role of more fundamental drivers of events – including the energy markets and the international monetary system. That’s one way in which her book is distinctive. It’s also a very broad book. While much of academic output has a very narrow focus, this book is unusual in attempting a sweeping overview of what’s happening in the world. What role has energy played in disrupting politics especially since the 1970s? How has the US dominance of the international financial system impacted international relations? And how has the EU influenced democratic development in Europe?Owen Bennett-Jones is a freelance journalist and writer. A former BBC correspondent and presenter he has been a resident foreign correspondent in Bucharest, Geneva, Islamabad, Hanoi and Beirut. He is recently wrote a history of the Bhutto dynasty which was published by Yale University Press. Learn more about your ad choices. Visit megaphone.fm/adchoicesSupport our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics

Skill—specifically the distinction between the “skilled” and “unskilled”—is generally defined as a measure of ability and training, but Does Skill Make Us Human?: Migrant Workers in 21st-Century Qatar and Beyond (Princeton UP, 2021) shows instead that skill distinctions are used to limit freedom, narrow political rights, and even deny access to imagination and desire. Natasha Iskander takes readers into Qatar’s booming construction industry in the lead-up to the 2022 World Cup, and through her unprecedented look at the experiences of migrant workers, she reveals that skill functions as a marker of social difference powerful enough to structure all aspects of social and economic life.Through unique access to construction sites in Doha, in-depth research, and interviews, Iskander explores how migrants are recruited, trained, and used. Despite their acquisition of advanced technical skills, workers are commonly described as unskilled and disparaged as “unproductive,” “poor quality,” or simply “bodies.” She demonstrates that skill categories adjudicate personhood, creating hierarchies that shape working conditions, labor recruitment, migration policy, the design of urban spaces, and the reach of global industries. Iskander also discusses how skill distinctions define industry responses to global warming, with employers recruiting migrants from climate-damaged places at lower wages and exposing these workers to Qatar’s extreme heat. She considers how the dehumanizing politics of skill might be undone through tactical solidarity and creative practices.With implications for immigrant rights and migrant working conditions throughout the world, Does Skill Make Us Human? examines the factors that justify and amplify inequality. Learn more about your ad choices. Visit megaphone.fm/adchoicesSupport our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics

Private corporations are rarely discussed as playing a role in efforts to curb civil violence, even though they often have strong interests in maintaining stability. Violence often damages the infrastructure necessary to deliver goods to market or may directly target companies. Corporations also have a normative obligation to conduct business in ways that promote peace. While there are historical examples of firm-instigated violence and firms reaping benefits from instability and conflict, there is also evidence that corporations proactively engage in peacebuilding. For example, firms devise programs to promote economic development, offer access to education, and employ former combatants.In The Building and Breaking of Peace: Corporate Activities in Civil War Prevention and Resolution (Oxford UP, 2021), Molly M. Melin develops a theory of the conflicting roles corporations play in both building and preventing peace. Melin shows that corporations engage in peacebuilding when there is a gap in the state's capacity to enforce laws, but they also weigh the opportunity costs of peacebuilding, responding to the need for action when conditions enable them to do so. Firms are uniquely situated in their ability to raise the cost of violence, and proactive firms can increase the years of peace in a country. At the same time, an active private sector can make it harder for states with ongoing conflict to reach an agreement, as they act as an additional veto player in the bargaining process.Including original cross-national data of peacebuilding efforts by firms in Latin America, the Middle East, and Africa from 2000 to 2018, and in-depth case analyses of corporate actions and outcomes in Colombia, Northern Ireland, and Tunisia, Melin shows that corporations help to prevent violence but not resolve it. In examining the corporate motives for peacebuilding and the implications of these activities for preventing violence and conflict resolution, the book builds a more holistic picture of the peace and conflict process. The findings also help explain why armed civil conflicts persist despite the multitude of diverse actors working to end them.Molly M. Melin is an Associate Professor in the Department of Political Science at Loyola University Chicago. Her publications on third party interventions in international conflicts, the dynamics of conflict expansion, and peacekeeping operations have appeared in International Studies Quarterly, Journal of Conflict Resolution, Conflict Management and Peace Science, and International Interactions.Lamis Abdelaaty is an assistant professor of political science at the Maxwell School of Syracuse University. She is the author of Discrimination and Delegation: Explaining State Responses to Refugees (Oxford University Press, 2021). Email her comments at labdelaa@syr.edu or tweet to @LAbdelaaty. Learn more about your ad choices. Visit megaphone.fm/adchoicesSupport our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics

In the modern world, human trafficking and slavery take various forms: one such example is forced labor. But understanding exactly how and where forced labor might occur has been a challenge for researchers and regulatory authorities.In the third episode of our new themed series In Chains, we speak with Dr. Alexis Aronowitz from University College Utrecht, Utrecht, The Netherlands, who is the author of the article, “Regulating business involvement in labor exploitation and human trafficking”.In her article, Dr. Aronowitz has presented various case studies of labor exploitation in the service industry, such as the cocoa industry in sub-Saharan Africa. In this episode, she further talks about how exploitative labor in businesses can be regulated using various approaches. Learn more about your ad choices. Visit megaphone.fm/adchoicesSupport our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics

We speak with Richard Detweiler about his new book The Evidence Liberal Arts Needs: Lives of Consequence, Inquiry and Accomplishment (MIT Press, 2021). This multi-year project, which entailed interviews with a national sample of over 1,000 college graduates aged 25-64, provides convincing evidence of the benefits the liberal arts in enabling individuals to lead more fulfilling lives and successful careers. He uses an innovative definition of the liberal arts which focuses on the distinctive: 1) purpose, 2) context, and 3) content of a liberal arts education, measuring the frequency and intensity of these elements across different higher education institutions. He also shares insights from his tenure as President of Hartwick College and the head of the Great Lakes College Association.David Finegold is the president of Chatham University. Learn more about your ad choices. Visit megaphone.fm/adchoicesSupport our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics