New Books in Economic and Business History

Think that today's debates about the role of the Federal Reserve Bank, financial regulation, "too big to fail", etc. are new? Think again. Who should control banks, who should regulate banks, what should banks even do--these questions have been debated since the founding of the Republic. Replace CNBC's David Faber with Alexander Hamilton, and Joe Kernan with Thomas Jefferson (or James Madison) and the arguments about banking, moral hazard, and regulation would be largely the same, though the attire would be quite different. Kathleen Day's new book Broken Bargain: Bankers, Bailouts, and the Struggle to Tame Wall Street (Yale University Press, 2019) provides a detailed two-century history of the give and take between government authority and financial institutions (and the individuals caught between them). The challenges over time have changed--the absence of a single currency in the early 19th century, insufficient credit in the late 19th century, the roaring and patently stupid 1920s, and then the whole range of financial innovations in the postwar period--but the key issues recur over and over again. Day sides in the end with the need for consistent regulation from impartial and empowered bureaucrats, but alas, the last two centuries have shown that they are hard to come by. Not everyone will agree with her take on banks and regulation, but there can be no doubt about the underlying "capitalism is messy" theme running through our history and this book. Daniel Peris is Senior Vice President at Federated Investors in Pittsburgh. Trained as a historian of modern Russia, he is the author most recently of Getting Back to Business: Why Modern Portfolio Theory Fails Investors. You can follow him on Twitter @Back2BizBook or at http://www.strategicdividendinvestor.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Over the past several decades, predominantly White, postindustrial cities in America’s agriculture and manufacturing centre have flipped from blue to red. Cities that were once part of the traditional Democratic New Deal coalition began to vote Republican, providing crucial support for the electoral victories of Republican presidents from Reagan to Trump. In How the Heartland Went Red Why Local Forces Matter in an Age of Nationalized Politics (Princeton University Press, 2024), Dr. Stephanie Ternullo argues for the importance of place in understanding this rightward shift, showing how voters in these small Midwestern cities view national politics—whether Republican appeals to racial and religious identities or Democrat’s appeals to class—through the lens of local conditions. Offering a comparative study of three White blue-collar Midwestern cities in the run-up to the 2020 election, Ternullo shows the ways that local contexts have sped up or slowed down White voters’ shift to the right. One of these cities has voted overwhelmingly Republican for decades; one swung to the right in 2016 but remains closely divided between Republicans and Democrats; and one, defying current trends, remains reliably Democratic. Through extensive interviews, Ternullo traces the structural and organisational dimensions of place that frame residents’ perceptions of political and economic developments. These place-based conditions—including the ways that local leaders define their cities’ challenges—help prioritise residents’ social identities, connecting them to one party over another. Despite elite polarisation, fragmented media, and the nationalisation of American politics, Ternullo argues, the importance of place persists—as one of many factors informing partisanship, but as a particularly important one among cross-pressured voters whose loyalties are contested. 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

Profit ― getting more out of something than you put into it ― is the original genius of homo sapiens, who learned how to unleash the energy stored in wood, exploit the land, and refashion ecosystems. As civilization developed, we found more and more ways of extracting surplus value from the earth, often deploying brutally effective methods to discipline people to do the work needed. In Profit: An Environmental History (Polity Press, 2022), Historian Mark Stoll explains how capitalism supercharged this process and traces its many environmental consequences. The financial innovations of medieval Italy created trade networks that, with the European discovery of the Americas, made possible vast profits and sweeping cultural changes, to the detriment of millions of slaves and indigenous Americans; the industrial age united the world in trade and led to an energy revolution that changed lives everywhere. But when efficient production left society awash in goods, a new sort of capitalism, predicated on endless individual consumption, took its place. This story of incredible ingenuity and villainy begins in the Doge’s palace in medieval Venice and ends with Jeff Bezos aboard his own spacecraft. Mark Stoll’s revolutionary account places environmental factors at the heart of capitalism’s progress and reveals the long shadow of its terrible consequences. 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

Selling French Sex: Prostitution, Trafficking, and Global Migrations (Cambridge UP, 2024) is an illuminating account of the cultural, social, and economic history of the sale of 'French sex'. It explores the discourses and experiences surrounding the early twentieth century debate on sex trafficking, which mobilized various international reform movements to combat the coerced prostitution of young women abroad. According to popular legend and empirical studies, French women were present in brothels all over the world, where they were the most desired and best paid in the business. But were they trafficking victims or willing migrants? In this timely book, Elisa Camiscioli reconstructs the networks and mechanisms of cross-border migrations for sexual labor; elucidates women's motives for leaving and staying; and explains why French migrant sexual labor occupied such a prominent place in the underworld of prostitution, as well as in the imaginaries of anti-trafficking campaigners, immigration officials, and ordinary consumers of vice. Elisa Camiscioli is a professor of history at Binghamton University. She specializes in immigration to and from France, sex trafficking, and race and sexual politics in modern France and its empire. She completed a B.A., cum laude, at University of Pennsylvania and earned a M.A. and Ph.D. from the University of Chicago. In addition to a number of peer-reviewed articles, she is the author of Reproducing the French Race: Immigration, Intimacy, and Embodiment in the Early Twentieth Century (Duke University Press. 2009). Dr. Camiscioli was co-editor of the Journal of Women's History from 2015 to 2020. Learn more about your ad choices. Visit megaphone.fm/adchoices

In this special episode, we talk to two authors about the role of financial institutions in enslavement. Sharon Ann Murphy, associate professor of history, argues in Banking on Slavery Financing Southern Expansion in the Antebellum United States (University of Chicago Press, 2023) that Southern banks’ willingness to use enslaved people as loan collateral led to the exponential growth of Southern enslavement during the 1820-30s. In filmmaker, producer, and author David Montero’s book, The Stolen Wealth of Slavery: A Case for Reparations (Hatchette Book Group, 2024), he follows Wall Street bankers and large Northern banks were critical to the financing of slavery and, in turn, who massed incredible wealth from enslavement. Dr. N’Kosi Oates is a curator and assistant professor. He earned his Ph.D. in Africana Studies at Brown University. Find him on Twitter at DrNKosiOates. Learn more about your ad choices. Visit megaphone.fm/adchoices

From Dust They Came: Government Camps and the Religion of Reform in New Deal California (NYU Press, 2023) tells the story of the federal government’s Depression-era effort to redeem Dust Bowl refugees in rural California through the religion of reform. During the Depression hundreds of thousands of families left the Great Plains and Southwest to look for farm work in California. Seeing destitute white families living in filthy shelters, reform-minded New Deal officials built a series of camps to provide shelter and community. Drawn from the archives of the federal camp system, Jonathan H. Ebel tells the story of the religious dynamics in and around the farm labor camps, making the case that they served as mission sites for the conversion of migrants to more modern ways of living and believing, centered around ideas of virtuous citizenship based on a foundation of seemingly secular values such as cleanliness, hard work, and family life. The migrants, particularly those who came from charismatic and conservative Protestant faiths, sometimes had different ideas about right living. Ebel shows how the New Deal program was animated simultaneously by humanitarian concern and by the belief that these poor white migrants and their religious practices needed to be transformed for them to achieve a better life in a modernized, secular world. Recommended reading: The Last Report on the Miracles at Little No Horse by Louise Erdrich Learn more about your ad choices. Visit megaphone.fm/adchoices

The United States was an upside-down British Empire. It had an agrarian economy, few large investors, and no territorial holdings outside of North America. However, decades before the Spanish-American War, the United States quietly began to establish an empire across thousands of miles of Pacific Ocean. While conventional wisdom suggests that large interests – the military and major business interests – drove American imperialism, The Price of Empire: American Entrepreneurs and the Origins of America's First Pacific Empire (Cambridge University Press, 2024) argues that early American imperialism was driven by small entrepreneurs. When commodity prices boomed, these small entrepreneurs took risks, racing ahead of the American state. Yet when profits were threatened, they clamored for the US government to follow them into the Pacific. Through novel, intriguing stories of American small businessmen, this book shows how American entrepreneurs manipulated the United States into pursuing imperial projects in the Pacific. It explores their travels abroad and highlights the consequences of contemporary struggles for justice in the Pacific. Our guests today are: Miles M. Evers, who is an Assistant Professor of Political Science at the University of Connecticut; and Eric Grynaviski, who is an Associate Professor of Political Science and International Affairs at George Washington University. Our host is Eleonora Mattiacci, an Assistant Professor of Political Science at Amherst College. She is the author of "Volatile States in International Politics" (Oxford University Press, 2023). Learn more about your ad choices. Visit megaphone.fm/adchoices

What roles did Americans play in the expanding global empires of the nineteenth century? In The China Firm: American Elites and the Making of British Colonial Society (Columbia University Press, 2024), Thomas M. Larkin examines the Hong Kong–based Augustine Heard & Company, the most prominent American trading firm in treaty-port China, to explore the ways American elites at once made and were made by British colonial society. Following the Heard brothers throughout their firm’s rise and decline, The China Firm reveals how nineteenth-century China’s American elite adapted to colonial culture, helped entrench social and racial hierarchies, and exploited the British imperial project for their own profit as they became increasingly invested in its political affairs and commercial networks. Through the central narrative of Augustine Heard & Co., Larkin disentangles the ties that bound the United States to China and the British Empire in the nineteenth century. Drawing on a vast range of archival material from Hong Kong, China, Boston, and London, he weaves the local and the global together to trace how Americans gained acceptance into and contributed to the making of colonial societies and world-spanning empires. Uncovering the transimperial lives of these American traders and the complex ways extraimperial communities interacted with British colonialism, The China Firm makes a vital contribution to global histories of nineteenth-century Asia and provides an alternative narrative of British empire. Thomas Larkin in Assistant Professor of History at the University of Prince Edward Island. Twitter. Website. Brian Hamilton is chair of the Department of History and Social Science at Deerfield Academy. Twitter. Website. Learn more about your ad choices. Visit megaphone.fm/adchoices

In Seeding Empire: American Philanthrocapital and the Roots of the Green Revolution in Africa (University of California Press, 2024), Dr. Aaron Eddens rewrites an enduring story about the past—and future—of global agriculture. Dr. Eddens connects today's efforts to cultivate a "Green Revolution in Africa" to a history of American projects that introduced capitalist agriculture across the Global South. Expansive in scope, this book draws on archival records of the earliest Green Revolution projects in Mexico in the 1940s and 1950s, as well as interviews at development institutions and agribusinesses working to deliver genetically modified crops to millions of small-scale farmers across Africa. From the offices of the Bill and Melinda Gates Foundation to the halls of the world's largest agricultural biotechnology companies to field trials of hybrid maize in Kenya, Dr. Eddens shows how the Green Revolution fails to address global inequalities. Seeding Empire insists that eradicating hunger in a world of climate crisis demands thinking beyond the Green Revolution. 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 The Green Power of Socialism: Wood, Forest, and the Making of Soviet Industrially Embedded Ecology (MIT Press, 2024), Elena Kochetkova examines the relationship between nature and humans under state socialism by looking at the industrial role of Soviet forests. The book explores evolving Soviet policies of wood consumption, discussing how professionals working in the forestry industry of the Soviet state viewed the present and future of forests by considering them both a natural resource and a trove of industrial material. The book also discusses how post-Soviet industry has abandoned these socialist practices and the idea of nature as a complicated ecosystem that provides a crucial service to society. Within the context of the current environmental crisis, the book invites readers to reevaluate state socialism as a complex phenomenon with sophisticated interactions between nature and industry. In so doing, it contributes a fresh perspective on the activities of socialist experts and their view of nature, shedding light on Soviet state industrial and environmental policy and its continuing legacy in the present day. Elena Kochetkova is Associate Professor in Modern European Economic History at the Department of Archeology, History, Cultural Studies and Religion at the University of Bergen. She served as a Secretary of the European Society of Environmental History from 2019 to 2021. Ailin Zhou is a PhD student in Film & Digital Media at University of California, Santa Cruz. Her research interests include transnational Chinese cinema, Asian diasporic visual culture, contemporary art, and feminist and queer theories. Learn more about your ad choices. Visit megaphone.fm/adchoices

European colonialism was often driven by the pursuit of natural resources, and the resulting colonisation and decolonization processes have had a profound impact on the formation of the majority of sovereign states that exist today. But how exactly have natural resources influenced the creation of formerly colonised states? And would the world map of sovereign states look significantly different if not for these resources? These questions are at the heart of Fueling Sovereignty: Colonial Oil and the Creation of Unlikely States (Cambridge University Press, 2024), which focuses primarily on oil as the most significant natural resource of the modern era. Dr. Naosuke Mukoyama provides a compelling analysis of how colonial oil politics contributed to the creation of some of the world's most “unlikely” states. Drawing on extensive archival sources on Brunei, Qatar and Bahrain, he sheds light on how some small colonial entities achieved independence despite their inclusion in a merger project promoted by the metropole and regional powers. 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 Record Cultures: The Transformation of the U.S. Recording Industry (University of Michigan Press, 2020), Kyle Barnett tells the story of the smaller U.S. record labels in the 1920s that created the genres later to be known as blues, country, and jazz. Barnett also engages the early recording industry as entertainment media, considering the ways in which sound recording, radio, and film converge in the late 1920s. Record Cultures explores Gennett Records and jazz; race records, with a focus on the African American-owned Black Swan Records, as well as the white-owned Paramount Records; the origins of old-time music as a category that will become country; the growth of radio; the intersections of music and film; and the recording industry’s challenges in the wake of the Great Depression. Kyle Barnett is Associate Professor of Media Studies in the Department of Communication at Bellarmine University. Kimberly Mack holds a Ph.D. in English from UCLA, and she is an Assistant Professor of African-American literature at the University of Toledo in Ohio. Her book, Fictional Blues: Narrative Self-Invention from Bessie Smith to Jack White, is forthcoming from the University of Massachusetts Press in December 2020. Mack is also a music critic who has contributed her work to national and international publications, including Music Connection, Relix, Village Voice, PopMatters, and Hot Press. She published a 2019 essay for Longreads titled “Johnny Rotten, My Mom, and Me.” Learn more about your ad choices. Visit megaphone.fm/adchoices

Daniel Rachel's new book Too Much Too Young, the 2 Tone Records Story: Rude Boys, Racism, and the Soundtrack of a Generation (Akashic, 2024) presents the definitive history of 2 Tone Records. In 1979, 2 Tone Records exploded into the consciousness of music lovers in Britain, the US, and beyond, as albums by the Specials, the Selecter, Madness, the English Beat, and the Bodysnatchers burst onto the charts and a youth movement was born. 2 Tone was Black and white: a multiracial force of British and Caribbean musicians singing about social issues, racism, class, and gender struggles. It spoke of injustices in society and fought against rightwing extremism. It was exuberant and eclectic: white youths learning to dance to the infectious rhythm of ska and reggae, crossed with a punk attitude, to create an original hybrid. The idea of 2 Tone was born in Coventry, England, and masterminded by a middle-class art student, Jerry Dammers, who envisioned an English Motown. Dammers signed a slew of successful artists, and a number of successive hits propelled 2 Tone onto Top of the Pops and into the hearts and minds of a generation. However, infighting among the bands and the pressures of running a label caused 2 Tone to bow to the inevitable weight of expectation and recrimination. Over the following years, Dammers built the label back up again, entering a new phase full of fresh signings and a beautiful end-piece finale in the activist hit song “(Free) Nelson Mandela.” Told in three parts, Too Much Too Young is the definitive story of a label that for a brief, bright burning moment shaped British, American, and world culture. Learn more about your ad choices. Visit megaphone.fm/adchoices

What is social mobility? In Social Mobility (Polity Press, 2023), Anthony Heath, an Emeritus Professor of Sociology at the University of Oxford and Yaojun Li, a Professor of Sociology at the University of Manchester, explore and explain this concept, setting out why the idea matters for both social scientists and the general reader. The book draws on a huge range of research, outlining the history of social mobility research, discussing central theories and approaches in sociology and economics, and detailing international comparisons and trends. The book highlights how social mobility is shaped by gender and ethnicity, along with the role of social class. Ultimately the book helps to explain who gets ahead in society and why; as a result the book will be essential reading across the social sciences, as well as for anyone interested in how society works. Learn more about your ad choices. Visit megaphone.fm/adchoices

Poverty is big business in America. The federal government spends about $900 billion a year on programs that directly or disproportionately impact poor Americans, including antipoverty programs such as the earned income tax credit, Medicaid, and affordable housing vouchers and subsidies. States and local governments spend tens of billions more. Ironically, these enormous sums fuel the “corporate poverty complex,” a vast web of hidden industries and entrenched private-sector interests that profit from the bureaucracies regulating the lives of the poor. From bail bondsmen to dialysis providers to towing companies, their business models depend on exploiting low-income Americans, and their political influence ensures a thriving set of industries where everyone profits except the poor, while U.S. taxpayers foot the bill. In Poverty for Profit: How Corporations Get Rich off America’s Poor (The New Press, 2024), veteran journalist Anne Kim investigates the multiple industries that infiltrate almost every aspect of the lives of the poor—health care, housing, criminal justice, and nutrition. She explains how these businesses are aided by public policies such as the wholesale privatization of government services and the political influence these industries wield over lawmakers and regulators. Supported by original investigative reporting on the lesser-known players profiting from the antipoverty industry, Poverty for Profit adds a crucial dimension to our understanding of how structural inequality and structural racism function today. Learn more about your ad choices. Visit megaphone.fm/adchoices

The UAW's Southern Gamble: Organizing Workers at Foreign-Owned Vehicle Plants (IRL Press, 2023) is the first in-depth assessment of the United Auto Workers' efforts to organize foreign vehicle plants (Daimler-Chrysler, Mercedes-Benz, Nissan, and Volkswagen) in the American South since 1989, an era when union membership declined precipitously. Stephen J. Silvia chronicles transnational union cooperation between the UAW and its counterparts in Brazil, France, Germany, and Japan and documents the development of employer strategies that have proven increasingly effective at thwarting unionization. Silvia shows that when organizing, unions must now fight on three fronts: at the worksite; in the corporate boardroom; and in the political realm. The UAW's Southern Gamble makes clear that the UAW's failed campaigns in the South can teach hard-won lessons about challenging the structural and legal roadblocks to union participation and effectively organizing workers within and beyond the auto industry. Stephen J. Silvia is a Professor at American University's School of International Service, where he teaches international economics, international trade relations, and comparative politics. He is the author of Holding the Shop Together. Learn more about your ad choices. Visit megaphone.fm/adchoices

Dialysis is a medical miracle, a treatment that allows people with kidney failure to live when otherwise they would die. It also provides a captive customer for the dialysis industry, which values the steady revenues that come from critically required long-term care that is guaranteed by the government. Tom Mueller's six year deep dive into the dialysis industry has yielded his latest book, How to Make a Killing: Blood, Death, and Dollars in American Medicine (W. W. Norton, 2023). It's both an historical account of this lifesaving treatment and an indictment of the industry that is dominated by two for-profit companies that control ~80% of the market. There is a precarious balance between ethical care for patients and the prioritization of profits for the providers, a tension that has led to ethical, political, and legal debates about the rationing and exploitation of life-saving care and quality of life. Dialysis services are desperately needed by patients who require the dangerous, uncomfortable, and exhausting treatments multiple times per week, and pay for it through complex insurance procedures. Tom Mueller’s book includes a vivid account of CEOs who lead their companies with messianic zeal to drive revenues continually up while simultaneously reducing the cost of care. He introduces us to the doctors charged with reducing those costs even at the expense of high-quality care and negative health outcomes. And we meet the patients themselves, who have little choice but to put their lives and well-being at the mercy of this system. How did a lifesaving medical breakthrough become a for-profit enterprise that threatens many of the people it’s meant to save? And who are the brave people -patients, doctors, and employees of the system who are willing to tell their stories despite tremendous pressure to remain silent? And why do we as Americans accept worse outcomes at higher costs than the rest of the world? Tom Mueller's highly readable yet devastating book illustrates the dialysis industry as a microcosm of American medicine. Mueller challenges us to find a solution for dialysis, an approach that could also provide the opportunity to begin fixing our country’s dysfunctional healthcare system and a fighting chance at restoring human health outcomes, rather than the extraction of profits, as its true purpose. To contact Tom Mueller, visit www.tommueller.co Suggested reading: The Body's Keepers by Paul L. Kimmel, M.D. The Occasional Human Sacrifice: Medical Experimentation and the Price of Saying No by Carl Elliott Also mentioned: How to Get Away with Merger by Thomas G. Wollman (NBER working paper, 2020) "How Acquisitions Affect Firm Behavior and Performance" by Eliason, Heebsh et al. (The Quarterly Journal of Economics, 2020) Learn more about your ad choices. Visit megaphone.fm/adchoices

On this episode of International Horizons, Francesco Duina, Charles A. Dana Professor of Sociology at Bates College and Luca Storti, Associate Professor of Economic Sociology at the University of Turin in Italy and a Research Fellow of the Ralph Bunche Institute for International Studies, discuss the rise of inequalities around the globe and the divergent attitudes towards them since 1970. How can those inequalities be broken down? In this week’s episode, Duina and Storti preview their book-in-progress on The Social Acceptance of Inequality, and they examine four types of logic leading us to accept inequalities in today’s world. Not surprisingly, the concept of meritocracy plays a major role in our thinking about contemporary inequality, although perhaps more so in the United States than in Europe. Learn more about your ad choices. Visit megaphone.fm/adchoices

A sweeping history of the United States’ economy and politics, in Shock Values: Prices and Inflation in American Democracy (U Chicago Press, 2024), Carola Binder reveals how the American state has been shaped by a massive, ever-evolving effort to insulate its economy from the real and perceived dangers of price fluctuations. Carola Binder narrates how the pains of rising and falling prices have brought lasting changes for every generation of Americans. And with each brush with price instability, the United States has been reinvented—not as a more perfect union, but as a reflection of its most recent failures. Shock Values tells the untold story of prices and price stabilization in the United States. Expansive and enlightening, Binder recounts the interest-group politics, legal battles, and economic ideas that have shaped a nation from the dawn of the republic to the present. Carola Binder is Associate Professor and Chair of Economics at Haverford College. Twitter. Brian Hamilton is chair of the Department of History and Social Science at Deerfield Academy. Twitter. Website. Learn more about your ad choices. Visit megaphone.fm/adchoices

Melancholy Wedgwood (MIT Press, 2024) is an experimental biography of the ceramics entrepreneur Josiah Wedgwood that reveals the tenuous relationship of eighteenth-century England to late-capitalist modernity. It traces the multiple strands in the life of the ceramic entrepreneur Josiah Wedgwood (1730–1795) to propose an alternative view of eighteenth-century England's tenuous relationship to our own lives and times, amid the ruins of late-capitalist modernity. Through intimate vignettes and essays, and in writing at turns funny, sharp, and pensive, Iris Moon chips away at the mythic image of Wedgwood as singular genius, business titan, and benevolent abolitionist, revealing an amorphous, fragile, and perhaps even shattered life. In the process the book goes so far as to dismantle certain entrenched social and economic assumptions, not least that the foundational myths of capitalism might not be quite so rosy after all, and instead induce a feeling that could only be characterized as blue. Iris Moon is Associate Curator in the European Sculpture and Decorative Arts Department at the Metropolitan Museum of Art. She is the author of Luxury after the Terror and coeditor with Richard Taws of Time, Media, and Visuality in Post-Revolutionary France. She teaches at the Cooper Union for the Advancement of Science and Art. Rachel Pafe is a writer and researcher interested in modern Jewish thought, critical theories of mourning, and the boundaries of biographical writing. Learn more about your ad choices. Visit megaphone.fm/adchoices

How can we restore America's frontier spirit, foster innovation, and stave off decay? Chris Buskirk sits down to discuss his new book America and the Art of the Possible: Restoring National Vitality in an Age of Decay. Along the way, he delves into the history of innovation from Augustan Rome to the Scottish Enlightenment to Silicon Valley, whether America is an oligarchy or an aristocracy, how our education system can better support American needs, and more. Chris Buskirk is the founder, editor, publisher of the magazine American Greatness, as well as a contributing opinion writer for The New York Times. A serial entrepreneur, he is also the Founder & Chief Investment Officer of 1789 Capital. Contributions to and/or sponsorship of any event does not constitute departmental or institutional endorsement of the specific program, speakers or views presented. Learn more about your ad choices. Visit megaphone.fm/adchoices

Cyrus McCormick invented the revolutionary mechanical reaper in 1831...right? At least, that's how the story has been told for decades. In Harvesting History: McCormick's Reaper, Heritage Branding, and Historical Forgery (U Nebraska Press, 2023), National Park Service historian Daniel Ott argues that not only have textbooks and other sources of historical knowledge gotten this wrong, but that they've done so because of a massive PR campaign. Ott argues that McCormick, his family, and the company that bears his name, all engaged in a multi-decade long fight to convince potential buyers that their reaper was the first, and given the potentially millions of dollars at stake in a competitive farm implement marketplace, claiming so was no exercise in arcane trivia. In the late 19th and early 20th century. McCormick's company recruited salesmen, advertisers, and newly professionalized historians to shape a narrative about the reaper that sanded over the complex and contingent nature of its invention, and turned McCormick into an American hero. The history told by these groups was malleable enough to fit changing times, as populists and progressives came and went - the claim of "first" gave McCormick's reaper credibility its competitiors could never match. Harvesting History is a story about the importance of getting the story right, and why some people will go to great lengths to make sure we keep getting the story wrong. Learn more about your ad choices. Visit megaphone.fm/adchoices

Well into the new millennium, the analog cassette tape continues to claw its way back from obsolescence. New cassette labels emerge from hipster enclaves while the cassette’s likeness pops up on T-shirts, coffee mugs, belt buckles, and cell phone cases. In Unspooled: How the Cassette Made Music Shareable (Duke University Press, 2024), Dr. Rob Drew traces how a lowly, hissy format that began life in office dictation machines and cheap portable players came to be regarded as a token of intimate expression through music and a source of cultural capital. Drawing on sources ranging from obscure music zines to transcripts of Congressional hearings, Dr. Drew examines a moment in the early 1980s when music industry representatives argued that the cassette encouraged piracy. At the same time, 1980s indie rock culture used the cassette as a symbol to define itself as an outsider community. Indie’s love affair with the cassette culminated in the mixtape, which advanced indie’s image as a gift economy. By telling the cassette’s long and winding history, Dr. Drew demonstrates that sharing cassettes became an acceptable and meaningful mode of communication that initiated rituals of independent music recording, re-recording, and gifting. 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

From the seventeenth to the nineteenth century, the industrial revolution transformed Britain from an agricultural and artisanal economy to one dominated by industry, ushering in unprecedented growth in technology and trade and putting the country at the center of the global economy. But the commonly accepted story of the industrial revolution, anchored in images of cotton factories and steam engines invented by unfettered geniuses, overlooks the true root of economic and industrial expansion: the lucrative military contracting that enabled the country's near-constant state of war in the eighteenth century. Demand for the guns and other war materiel that allowed British armies, navies, mercenaries, traders, settlers, and adventurers to conquer an immense share of the globe in turn drove the rise of innumerable associated industries, from metalworking to banking. Bookended by the Glorious Revolution of 1688 and the end of the Napoleonic Wars in 1815, Empire of Guns: The Violent Making of the Industrial Revolution (Bloomsbury, 2019) traces the social and material life of British guns over a century of near-constant war and violence at home and abroad. Priya Satia develops this story through the life of prominent British gun-maker and Quaker Samuel Galton Jr., who was asked to answer for the moral defensibility of producing guns as new uses like anonymous mass violence rose. Reconciling the pacifist tenet of his faith with his perception of the economic realities of the time, Galton argued that war was driving the industrial economy, making everyone inescapably complicit in it. Through his story, Satia illuminates Britain's emergence as a global superpower, the roots of the government's role in economic development, and the origins of our own era's debates over gun control and military contracting. Priya Satia is the Raymond A. Spruance Professor of International History and Professor of British History at Stanford University. She is the author of Spies in Arabia: The Great War and the Cultural Foundations of Britain's Covert Empire in the Middle East (2009), and her writing has appeared in Slate, the Financial Times, the Nation, and the Huffington Post, among other publications. 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

Through a skillful combination of economic and cultural history, this book describes the impact on Moldavia and Wallachia of steam navigation on the Danube. The Danube route integrated the two principalities into a dense network of European roads and waterways. From the 1830s to the 1860s, steamboat transport transformed time and space for the areas that benefited from regular services. River traffic accelerated urban development along the Lower Danube and contributed directly to institutional modernization in one of Europe's peripheries. Beyond technological advances and the transportation of goods on a trans-imperial waterway, steamboat travel revolutionized human interactions, too. Steamboat Modernity: Travel, Transport, and Social Transformation on the Lower Danube, 1830–1860 (CEU Press, 2024) offers a fascinating insight into the social and cultural milieu of the nineteenth century, drawing on first-hand accounts of Danube cruising. Describing the story of travelers who interacted, met, and visited the places they stopped, Constantin Ardeleanu creates a transnational history of travel up and down the Danube from Vienna to Constantinople. The pleasures and sometimes the travails of the travelers unfold against a backdrop of technical and economic transformation in the crucial period of modernization. Learn more about your ad choices. Visit megaphone.fm/adchoices

South Korea is sometimes held as a dream case of modernization theory, a testament to how economic development leads to democracy. Seeds of Mobilisation: The Authoritarian Roots of South Korea's Democracy (University of Michigan Press, 2024) by Dr. Joan E. Cho takes a closer look at the history of South Korea to show that Korea’s advance to democracy was not linear. Instead, while Korea’s national economy grew dramatically under the regimes of Park Chung Hee (1961–79) and Chun Doo Hwan (1980–88), the political system first became increasingly authoritarian. Because modernization was founded on industrial complexes and tertiary education, these structures initially helped bolster the authoritarian regimes. In the long run, however, these structures later facilitated the anti-regime protests by various social movement groups—most importantly, workers and students—that ultimately brought democracy to the country. By using original subnational protest event datasets, government publications, oral interviews, and publications from labour and student movement organisations, Dr. Cho takes a long view of democratisation that incorporates the decades before and after South Korea’s democratic transition. She demonstrates that Korea’s democratisation resulted from a combination of factors from below and from above, and that authoritarian development itself was a hidden root cause of democratic development in South Korea. Seeds of Mobilization shows how socioeconomic development did not create a steady pressure toward democracy but acted as a “double-edged sword” that initially stabilised autocratic regimes before destabilising them over time. 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 nineteenth-century Santiago de Cuba, the island of Cuba's radical cradle, Afro-descendant peasants forged freedom and devised their own formative path to emancipation. Drawing on understudied archives, this pathbreaking work, Patchwork Freedoms: Law, Slavery, and Race beyond Cuba's Plantations (Cambridge UP, 2022) unearths a new history of Black rural geography and popular legalism, and offers a new framework for thinking about nineteenth-century Black freedom. Santiago de Cuba's Afro-descendant peasantries did not rely on liberal-abolitionist ideologies as a primary reference point in their struggle for rights. Instead, they negotiated their freedom and land piecemeal, through colonial legal frameworks that allowed for local custom and manumission. While gradually wearing down the institution of slavery through litigation and self-purchase, they reimagined colonial racial systems before Cuba's intellectuals had their say. Long before residents of Cuba protested for national independence and island-wide emancipation in 1868, it was Santiago's Afro-descendant peasants who, gradually and invisibly, laid the groundwork for emancipation. Kishauna Soljour is an Assistant Professor of Public Humanities at San Diego State University. Her most recent writing appears in the edited collection: From Rights to Lives: The Evolution of the Black Freedom Struggle. Learn more about your ad choices. Visit megaphone.fm/adchoices

India’s stock markets are booming. One calculation from Bloomberg puts India as the world’s fourth-largest equity market, overtaking Hong Kong, as domestic and foreign investors pile into the Indian stock exchange. But getting to the point where India’s stock markets—and its financial system more broadly—could work effectively took a long time. As Rajrishi Singhal tells it in Slip, Stitch and Stumble: The Untold Story of Financial Reforms in India (Viking, 2024), India’s financial system suffered from antiquated procedures, cartels and a confused paper trail that left the door for abuse wide open. In this interview, Rajrishi and I talk about India’s financial sector, its earlier dysfunction, how it was fixed—and scammers like Harshad Mehta, “The Big Bull.” Rajrishi Singhal has been a senior journalist, banker and public policy analyst. He was executive editor at the Economic Times, consulting editor with Mint, research and strategy head at a private sector bank and senior fellow for geoeconomic studies at a Mumbai-based think tank. You can find more reviews, excerpts, interviews, and essays at The Asian Review of Books. Follow on Twitter at @BookReviewsAsia. Nicholas Gordon is an editor for a global magazine, and a reviewer for the Asian Review of Books. He can be found on Twitter at@nickrigordon. Learn more about your ad choices. Visit megaphone.fm/adchoices

For centuries, the vastness of the Chinese market tempted foreign companies in search of customers. But in the 1970s, when the United States and China ended two decades of Cold War isolation, China’s trade relations veered in a very different direction. In Made in China: When US-China Interests Converged to Transform Global Trade (Harvard University Press, 2024) Dr. Elizabeth Ingleson shows how the interests of US business and the Chinese state aligned to reframe the China market: the old dream of plentiful customers gave way to a new vision of low-cost workers by the hundreds of millions. In the process, the world’s largest communist state became an indispensable component of global capitalism. Drawing on Chinese- and English-language sources, including previously unexplored corporate papers, Ingleson traces this transformation to the actions of Chinese policymakers, US diplomats, maverick entrepreneurs, Chinese American traders, and executives from major US corporations including Boeing, Westinghouse, J. C. Penney, and Chase Manhattan Bank. Long before Walmart and Apple came to China, businesspeople such as Veronica Yhap, Han Fanyu, Suzanne Reynolds, and David Rockefeller instigated a trade revolution with lasting consequences. And while China’s economic reorganisation was essential to these connections, Ingleson also highlights an underappreciated but crucial element of the convergence: the US corporate push for deindustrialization and its embrace by politicians. Reexamining two of the most significant transformations of the 1970s—US-China rapprochement and deindustrialization in the United States—Made in China takes bilateral trade back to its faltering, uncertain beginnings, identifying the tectonic shifts in diplomacy, labor, business, and politics in both countries that laid the foundations of today’s globalized economy. 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 The Turn to Process: American Legal, Political, and Economic Thought, 1870-1970 (Cambridge University Press, 2023), Kunal M. Parker explores the massive reorientation of American legal, political, and economic thinking between 1870 and 1970. Over this period, American conceptions of law, democracy, and markets went from being oriented around truths, ends, and foundations to being oriented around methods, processes, and techniques. No longer viewed as founded in justice and morality, law became a way of doing things centered around legal procedure. Shedding its foundations in the 'people,' democracy became a technique of governance consisting of an endless process of interacting groups. Liberating themselves from the truths of labor, markets and market actors became intellectual and political techniques without necessary grounding in the reality of human behavior. Contrasting nineteenth and twentieth century legal, political, and economic thought, this book situates this transformation in the philosophical crisis of modernism and the rise of the administrative state. Kunal M. Parker is a Professor of Law and Dean's Distinguished Scholar at the University of Miami. Caleb Zakarin is editor of the New Books Network. Learn more about your ad choices. Visit megaphone.fm/adchoices

The whole world has a stake in India's future, and that future hinges on whether India can develop its economy and deliver for its population--now the world's largest--while staying democratic. India's economy has overtaken the United Kingdom's to become the fifth-largest in the world, but it is still only one-fifth the size of China's, and India's economic growth is too slow to provide jobs for millions of its ambitious youth. Blocking India's current path are intense global competition in low-skilled manufacturing, increasing protectionism and automation, and the country's majoritarian streak in politics. In Breaking the Mold: India’s Untraveled Path to Prosperity (Princeton UP, 2024), Raghuram Rajan and Rohit Lamba show why and how India needs to blaze a new path if it's to succeed. India diverged long ago from the standard development model, the one followed by China--from agriculture to low-skilled manufacturing, then high-skilled manufacturing and, finally, services--by leapfrogging intermediate steps. India must not turn back now. Rajan and Lamba explain how India can accelerate growth by prioritizing human capital, expanding opportunities in high-skilled services, encouraging entrepreneurship, and strengthening rather than weakening its democratic traditions. It can chart a path based on ideas and creativity even at its early stage of development. Filled with vivid examples and written with incisive candor, Breaking the Mold shows how India can break free of the stumbling blocks of the past and embrace the enormous possibilities of the future. Learn more about your ad choices. Visit megaphone.fm/adchoices

Forest fires, droughts, and rising sea levels beg a nagging question: have we lost our capacity to act on the future? Dr. Liliana Doganova’s book Discounting the Future: The Ascendancy of a Political Technology (Princeton University Press, 2024) sheds new light on this anxious query. It argues that our relationship to the future has been trapped in the gears of a device called discounting. While its incidence remains little known, discounting has long been entrenched in market and policy practices, shaping the ways firms and governments look to the future and make decisions accordingly. Thus, a sociological account of discounting formulas has become urgent. Discounting means valuing things through the flows of costs and benefits that they are likely to generate in the future, with these future flows being literally dis-counted as they are translated in the present. How have we come to think of the future, and of valuation, in such terms? Building on original empirical research in the historical sociology of discounting, Dr. Doganova takes us to some of the sites and moments in which discounting took shape and gained momentum: valuation of European forests in the eighteenth and nineteenth centuries; economic theories devised in the early 1900s; debates over business strategies in the postwar era; investor-state disputes over the nationalisation of natural resources; and drug development in the biopharmaceutical industry today. Weaving these threads together, the book pleads for an understanding of discounting as a political technology, and of the future as a contested domain. 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 this episode of the CEU Press Podcast, host Andrea Talabér (CEU Press/CEU Review of Books) sat down with Per Högselius and Achim Klüppelberg to discuss their new book with CEU Press entitled, The Soviet Nuclear Archipelago: A Historical Geography of Atomic-Powered Communism (CEU Press, 2023). The book is available Open Access, click here to download. The war in Ukraine, with the exposure of nuclear power stations and the danger of atomic warfare, has made the legacy of the Soviet nuclear sector of critical importance. The two authors map the Soviet nuclear industry in a shifting historical context, making sense of a complex socio-technical and environmental history. Taking an innovative approach, this book explores the history of atomic power in the former Soviet Union using the spatial dimensions of the nuclear industry as a point of departure. Per and Achim’s book is part of our new series, CEU Press Perspectives. The series offers the latest viewpoints on both new and perennial issues, these books address a wide range of topics of critical importance today. The new series, originating from an international collection of leading authors, encourages us to look at issues from a different viewpoint, to think outside the box, and to stimulate debate. You can learn more about the series here. The CEU Press Podcast delves into various aspects of the publishing process: from crafting a book proposal, finding a publisher, responding to peer review feedback on the manuscript, to the subsequent distribution, promotion and marketing of academic books. We will also talk to series editors and authors, who will share their experiences of getting published and talk about their series or books. Interested in CEU Press’s publications? Click here to find out more here. Stay tuned for future episodes and subscribe to our podcast to be the first to be notified. Learn more about your ad choices. Visit megaphone.fm/adchoices

In the Shadow of War and Empire: Industrialisation, Nation-Building, and Working-Class Politics in Turkey (Brill, 2023) offers a site-specific history of Ottoman and Turkish industrialization through the lens of a mid-nineteenth-century cotton factory in the “Turkish Manchester,” the name chosen by the Ottomans for the industrial complex they built in the 1840s in Istanbul, which, in the contemporary words of one of the country’s most prominent contemporary Marxist theorists, became “the secret to and the basis of Turkish capitalism" in the 1930s. This book is available open access here. Görkem Akgöz is is a post-doc researcher at Humboldt University and a lecturer at Albert-Ludwigs-University Freiburg. Caleb Zakarin is editor at the New Books Network. Learn more about your ad choices. Visit megaphone.fm/adchoices

Founded in 1925, the John Simon Guggenheim Memorial Foundation provides support to what their current website says are "exceptional individuals in pursuit of scholarship in any field of knowledge and creation in any art form, under the freest possible conditions." In Circle of Winners: How the Guggenheim Foundation composition Awards Shaped American Music Culture (University of Illinois Press, 2023), Denise Von Glahn studies the institution between its founding and the late 1930s, with special emphasis on the music composition award. Funded by the Guggenheim mining fortune, the Foundation took early shape from the efforts of Carroll Wilson, Frank Aydelotte, and Henry Allen Moe--three Rhodes Scholars who initially struggled to envision and implement the organization's ambitious goals. One of the few groups providing support to composers before WWII, Von Glahn explains how the Foundation’s selection practices and the network that helped to shape and sustain its work impacted American classical music and picked winners in the American musical marketplace. Learn more about your ad choices. Visit megaphone.fm/adchoices

The Confederate States of America was born in defense of slavery and, after a four-year struggle to become an independent slaveholding republic, died as emancipation dawned. Between Fort Sumter to Appomattox, Confederates bought and sold thousands African American men, women, and children. These transactions in humanity made the internal slave trade a cornerstone of Confederate society, a bulwark of the Rebel economy, and a central part of the experience of the Civil War for all inhabiting the American South. An Unholy Traffic: Slave Trading in the Civil War South (Oxford UP, 2024) shows, slave trading helped Southerners survive and fight the Civil War, as well as to build the future for which they fought. They mitigated the crises the war spawned by buying and selling enslaved people, using this commerce to navigate food shortages, unsettled gender roles, the demands of military service, and other hardships on the homefront. Some Rebels speculated wildly in human property, investing in slaves to ward off inflation and to buy shares in the slaveholding nation they hoped to create. Others traded people to counter the advance of emancipation. Given its centrality to their nationhood, Confederates went to great lengths to prolong the slave trade, which, in turn, supported the Confederacy. For those held in slavery, the surviving slave trade dramatically shaped their pursuit of freedom, inserting a retrograde movement into some people's journeys toward liberty while inspiring others to make the risky decision to escape. Offering an original perspective on the intersections of slavery, capitalism, the Civil War, and emancipation, Robert K.D. Colby illuminates the place of the peculiar institution within the Confederate mind, the ways in which it underpinned the CSA's war effort, and its impact on those attempting to seize their freedom. Omari Averette-Phillips is a doctoral student in the Department of History at UC Davis. He can be reached at [email protected]. Learn more about your ad choices. Visit megaphone.fm/adchoices

In 1647, the French author Étienne Cleirac asserted in his book Les us, et coustumes de la mer that the credit instruments known as bills of exchange had been invented by Jews. In The Promise and Peril of Credit: What a Forgotten Legend about Jews and Finance Tells Us about the Making of European Commercial Society (Princeton University Press, 2019), Francesca Trivellato draws upon the economic, cultural, intellectual, and business history of the period to trace the origin of this myth and what its usage in early modern Europe reveals about contemporary views of both commerce and Judaism. Trivellato begins by explaining the development of bills of exchange in the Middle Ages as a means of transferring funds across long distances, ones which helped the expansion of international trade. Though used by both Christians and Jews, concerns about crypto-Judaism among converted Christians in the town of Bordeaux where Cleirac lived may have been key to his belief in their association with the bills. From Cheirac’s book the myth then spread throughout much of western and central Europe during the 18th and 19th centuries, where it was used both to support anti-Semitic views and as examples by philo-Semitic writers such as Montesquieu of the superior commercial ability of Jews. Learn more about your ad choices. Visit megaphone.fm/adchoices

Decisions to go to war are often framed in cost-benefit terms, and typically such assessments do not factor in longer term costs. However, recent dramatic improvements in American military medicine have had an unanticipated effect: saving more soldiers' lives has vastly increased long-term, downstream costs of war with profound consequences for global politics in an era of heightened great power competition. In Military Medicine and the Hidden Costs of War (Oxford UP, 2024), Tanisha Fazal traces the modern history of medical treatment and casualty rates in American conflicts from the Civil War to the more recent counterinsurgency wars. As she shows, wars became increasingly survivable for wounded troops, to the point now where a large majority of wounded soldiers survive. Yet the human and financial implications of this steep increase in the wounded-to-killed ratio are dramatic, and her powerful analysis of this shift provides a necessary corrective to how we understand the costs of war. For each major conflict, Fazal analyzes the weapons used, injuries sustained, and policies put in place for veterans' care and pensions. As she argues, these improvements have significant financial and deeply personal implications for the returned wounded and their families, as well as the US government and its citizenry. Fazal's analysis highlights the significance of policymakers underestimating the costs of war, which in turn makes it easier both to initiate and continue military action abroad, contributing to Americas' penchant for engaging in so-called "endless wars." Tanisha Fazal is a Professor of Political Science at the University of Minnesota. Her scholarship focuses on sovereignty, international law, and armed conflict. In addition to her new book, she is the author of two award-winning books and numerous articles in academic and policy journals. From 2021-2023, she was an Andrew Carnegie Fellow Lamis Abdelaaty is an associate 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 [email protected] Learn more about your ad choices. Visit megaphone.fm/adchoices

The astonishing behind-the-scenes story of the 1963 film Cleopatra and how it changed the face of Hollywood makes it one of the most fabled films of all time. Starring Elizabeth Taylor and Richard Burton, the film’s making soon became a cautionary tale, for the lavish extravagance of production on Cleopatra all but bankrupted 20th Century Fox and almost singlehandedly set in motion the decline of the major Hollywood movie studios. By the time the film was finally released, 20th Century Fox and the world watched as it died at the box office. Cleopatra and the Undoing of Hollywood: How One Film Almost Sunk the Studios (History Press, 2023) is an epic tale of love and lust, gossip, money, sex, movie-star madness, studio politics, and the birth of paparazzi journalism. Within the saga of Cleopatra lies the end of the era of Hollywood's studio system, the seeds of the Swinging Sixties, and the stuff of timeless movie legend. Patrick Humphries has been a writer and journalist for over forty years and has published numerous books on musical artists such as the Rolling Stones, Bob Dylan, Elton John, Pink Floyd, and Bruce Springsteen. Latoya Johnson is an editor, writer, and bibliophile with a master's in Humanities. Her research and writing delve into various aspects of popular culture. She is particularly interested in exploring the public history of women's fiction and the portrayal of femme characters in Greco-Roman mythology. Learn more about your ad choices. Visit megaphone.fm/adchoices

In many countries, property law grants equal rights to men and women. Why, then, do women still accumulate less wealth than men? Combining quantitative, ethnographic, and archival research, The Gender of Capital: How Families Perpetuate Wealth Inequality (Harvard UP, 2023) explains how and why, in every class of society, women are economically disadvantaged with respect to their husbands, fathers, and brothers. The reasons lie with the unfair economic arrangements that play out in divorce proceedings, estate planning, and other crucial situations where law and family life intersect. Céline Bessière and Sibylle Gollac argue that, whatever the law intends, too many outcomes are imprinted with unthought sexism. In private decisions, old habits die hard: families continue to allocate resources disproportionately to benefit boys and men. Meanwhile, the legal profession remains in thrall to assumptions that reinforce gender inequality. Bessière and Gollac marshal a range of economic data documenting these biases. They also examine scores of family histories and interview family members, lawyers, and notaries to identify the accounting tricks that tip the scales in favor of men. Women across the class spectrum—from poor single mothers to MacKenzie Scott, ex-wife of Amazon billionaire Jeff Bezos—can face systematic economic disadvantages in divorce cases. The same is true in matters of inheritance and succession in family-owned businesses. Moreover, these disadvantages perpetuate broader social disparities beyond gender inequality. As Bessière and Gollac make clear, the appropriation of capital by men has helped to secure the rigid hierarchies of contemporary class society itself. Céline Bessière is Professor of Sociology at the University of Paris-Dauphine. Sibylle Gollac is a researcher in sociology at the National Centre for Scientific Research. 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 the early nineteenth century, the American commercial marketplace was a chaotic, unregulated environment in which knock-offs and outright frauds thrived. Appearances could be deceiving, and entrepreneurs often relied on their personal reputations to close deals and make sales. Rapid industrialization and expanding trade routes opened new markets with enormous potential, but how could distant merchants convince potential customers, whom they had never met, that they could be trusted? Through wide-ranging visual and textual evidence, including a robust selection of early advertisements, Branding Trust: Advertising and Trademarks in Nineteenth-Century America (University of Pennsylvania Press, 2023) by Dr. Jennifer M. Black tells the story of how advertising evolved to meet these challenges, tracing the themes of character and class as they intertwined with and influenced graphic design, trademark law, and ideas about ethical business practice in the United States. As early as the 1830s, printers, advertising agents, and manufacturers collaborated to devise new ways to advertise goods. They used eye-catching designs and fonts to grab viewers’ attention and wove together meaningful images and prose to gain the public’s trust. At the same time, manufacturers took legal steps to safeguard their intellectual property, formulating new ways to protect their brands by taking legal action against counterfeits and frauds. By the end of the nineteenth century, these advertising and legal strategies came together to form the primary components of modern branding: demonstrating character, protecting goodwill, entertaining viewers to build rapport, and deploying the latest graphic innovations in print. Trademarks became the symbols that embodied these ideas—in print, in the law, and to the public. Branding Trust thus identifies and explains the visual rhetoric of trust and legitimacy that has come to reign over American capitalism. Though the 1920s has often been held up as the birth of modern advertising, Dr. Black argues that advertising professionals had in fact learned how to navigate public relations over the previous century by adapting the language, imagery, and ideas of the American middle class. 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

Histories of North Korea typically focus on one man — Kim Il Sung — and one narrative — his grand rise to absolute power. Andre Schmid’s new book, North Korea's Mundane Revolution: Socialist Living and the Rise of Kim Il Sung, 1953-1965 (University of California Press, 2024), tells a much more complex and richly textured story. Moving away from the focus on Kim Il Sung, Schmid looks at how the Korean population participated in party-state projects to create “New Living”: a quest for a better life, realized through socialism. Each part of North Korea’s Mundane Revolution focuses on a question that was central to a different aspect of New Living: How to self-improve? How to build more efficiently? How to make a happy family home? How to consume properly? In exploring these questions, Schmid looks at a wide range of overlooked sources, especially North Korean magazines and journals, complete with tongue-in-cheek cartoons and photographs. Wonderfully nuanced, empirically rich, and utterly compelling, this book not only sheds light on the origins of North Korea's durability, but it does so through a fascinating history of unhappy housewives and prefabricated apartments. North Korea’s Mundane Revolution is sure to appeal to those interested in Korean history and global histories of gender, socialist revolution, and print culture, as well as anyone who has ever wondered "How do you do North Korean history?" And if you want to read more about this book before diving in, you should check out how it fares at the ‘The Page 99 Test,’ here. Learn more about your ad choices. Visit megaphone.fm/adchoices

Guilds were prominent in medieval and early modern Europe, but their economic role has seldom been studied. In The European Guilds: An Economic Analysis (Princeton University Press, 2019), Sheilagh Ogilvie offers a wide-ranging examination of what guilds did and how they affected pre-modern economies. As Ogilvie explains, guilds were particularized institutions which created and enforced privileges for their members while denying them to outsiders. This authority was granted to them by rulers and governments, and depended on their intricate relationship with the public authorities. Their privileges entitled guilds to determine who could participate in a profession, the quality of the items their members produced, and the technological innovations their members could adopt. Ogilvie looks at all aspects of guild activities to show their wide-ranging impact on the economies of their time, and the ways they pursued their members’ interests even when it stifled growth for the rest of society. Learn more about your ad choices. Visit megaphone.fm/adchoices

The creation of the postwar welfare state in Great Britain did not represent the logical progression of governmental policy over a period of generations. As George R. Boyer details in The Winding Road to the Welfare State: Economic Insecurity and Social Welfare Policy in Britain (Princeton University Press, 2019), it only emerged after decades of different legislative responses to the problems of poverty that reflected shifting societal attitudes on the subject. As Boyer explains, welfare policy in the early 19th century primarily consisted of cash or in-kind payments provided for people living in their homes. This changed with the Poor Law Amendment Act of 1834, which replaced it with the infamous workhouse system. Though this brought down expenditures on the poor, the expectation that poverty was being reduced was belied by a series of reports at the end of the century which exposed the extent of urban poverty to a shocked nation. In response, the Liberal governments of the early 20th century passed a series of laws that established unemployment insurance and pensions for the elderly. While these expanded considerably the role of the state in providing for the poor, Boyer demonstrates that they fell well short of a comprehensive system, one which William Beveridge detailed in a famous 1942 report that served as the blueprint for the legislation passed by the Labour government after the Second World War. Learn more about your ad choices. Visit megaphone.fm/adchoices

In Disruption: The Global Economic Shocks of the 1970s and the End of the Cold War (Cornell University Press, 2024), Dr. Michael De Groot argues that the global economic upheaval of the 1970s was decisive in ending the Cold War. Both the West and the Soviet bloc struggled with the slowdown of economic growth; chaos in the international monetary system; inflation; shocks in the commodities markets; and the emergence of offshore financial markets. The superpowers had previously disseminated resources to their allies to enhance their own national security, but the disappearance of postwar conditions during the 1970s forced Washington and Moscow to choose between promoting their own economic interests and supporting their partners in Europe and Asia. Dr. de Groot shows that new unexpected macroeconomic imbalances in global capitalism sustained the West during the following decade. Rather than a creditor nation and net exporter, as it had been during the postwar period, the United States became a net importer of capital and goods during the 1980s that helped fund public spending, stimulated economic activity, and lubricated the private sector. The United States could now live beyond its means and continue waging the Cold War, and its allies benefited from access to the booming US market and the strengthened US military umbrella. As Disruption demonstrates, a new symbiotic economic architecture powered the West, but the Eastern European regimes increasingly became a burden to the Soviet Union. They were drowning in debt, and the Kremlin no longer had the resources to rescue them. 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

Historians of the American South have come to consider the mechanization and consolidation of cotton farming—the “Southern enclosure movement”—to be a watershed event in the region’s history. In the decades after World War II, this transition pushed innumerable sharecroppers, tenant farmers, and smallholders off the land, redistributing territory and resources upward to a handful of large, mainly white operators. By disproportionately displacing Black farmers, enclosure also slowed the progress of the civil rights movement and limited its impact. Dr. John Cable’s Southern Enclosure: Settler Colonialism and the Postwar Transformation of Mississippi (University Press of Kansas, 2023) is among the first studies to explore that process through the interpretive lens of settler colonialism. Focusing on east-central Mississippi, home of the Mississippi Band of Choctaw Indians, Dr. Cable situates enclosure in the long history of dispossession that began with Indian Removal. The book follows elite white landowners and Black and Choctaw farmers from World War II to 1960—the period when the old, labor-intensive farm structure collapsed. By acknowledging that this process occurred on taken land, Dr. Cable demonstrates that the records of agricultural agents, segregationist politicians, and the Bureau of Indian Affairs (BIA) are traces of ongoing colonization. The settler colonial framework, rarely associated with the postwar South, sheds important light on the shifting categories of race and class. It also prompts comparisons with other settler societies (states in southern and eastern Africa, for instance) whose timelines, racial regimes, and agrarian transitions were similar to those of the South. This postwar history of the South suggests ways in which the BIA’s termination policy dovetailed with Southern segregationism and, at the same time, points to some of the shortcomings of the burgeoning field of settler colonial studies. 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

As the sun set slowly on the British Empire in the years after the Second World War, the nation's stately homes were in crisis. Tottering under the weight of rising taxes and a growing sense that they had no place in twentieth-century Britain, hundreds of ancestral piles were dismantled and demolished. Yet - perhaps surprisingly - many of these great houses survived, as dukes and duchesses clung desperately to their ancestral seats and tenants' balls gave way to rock concerts, safari parks and day trippers. From the Rolling Stones rocking Longleat to Christine Keeler rocking Cliveden, Noble Ambitions: The Fall and Rise of the Post-War Country House (Basic Books, 2021) by Dr. Adrian Tinniswood takes us on a lively tour of these crumbling halls of power. 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

Podcasting in a Platform Age: From an Amateur to a Professional Medium (Bloomsbury, 2024) explores the transition underway in podcasting by considering how the influx of legacy and new media interest in the medium is injecting professional and corporate logics into what had been largely an amateur media form. Many of the most high-profile podcasts today, however, are produced by highly-skilled media professionals, some of whom are employees of media corporations. Legacy radio and new media platform giants like Google, Apple, Amazon, and Spotify are also making big (and expensive) moves in the medium by acquiring content producers and hosting platforms. This book focuses on three major aspects of this transformation: formalization, professionalization, and monetization. Through a close read of online and press discourse, analysis of podcasts themselves, participant observations at podcast trade shows and conventions, and interviews with industry professionals and individual podcasters, John Sullivan outlines how the efforts of industry players to transform podcasting into a profitable medium are beginning to challenge the very definition of podcasting itself. Learn more about your ad choices. Visit megaphone.fm/adchoices

Imagine an environmentalist. Are you picturing a Birkenstock-clad hippie? An office worker who hikes on weekends? A political lobbyist? What about a modern day timber worker? This last group is at the center of University of Oregon historian Steven C. Beda's new book, Strong Winds and Widow Makers: Workers, Nature, and Environmental Conflict in Pacific Northwest Timber Country (U Illinois Press, 2023). In Beda's telling, it's timber workers, as lovers of the outdoors who also rely upon healthy forests for their livelihoods, who are often at the forefront of local environmentalism, including organizing at the crossroads of labor and environmental activism. From the late 19th century onwards, timber works imbued the Pacific Northwest with a sense of place inaccessible to upper-class Northern California newcomers who changed the region's cultural and political calculus in the late 20th century. We live in a timber society, Beda argues, and no one knows what that means nearly as much as the workers who turn trees into books like this. Learn more about your ad choices. Visit megaphone.fm/adchoices

In this colorful book, historian Sudev Sheth traces how a family of diamond dealers deployed wealth to play off political leaders and survive the collapse of the Mughal Empire. The story highlights the unique role played by Jain and Hindu bankers in the daily affairs of Islamic, Hindu, and early colonial forms of Indian government. Bankrolling Empire: Family Fortunes and Political Transformation in Mughal India (Cambridge UP, 2024) features brazen emperors, sickly princes, irate governors, and quick-witted matriarchs who commanded banking networks across cities. It explores unlikely rivalries, flaky friendships, and daring tycoons who gambled vast sums as a way to hedge against political uncertainty. Sheth employs unconventional sources to tap into the thrilling lives of moneyed persons. Excerpts from Persian diaries, Gujarati poems, French trading manuals, Marathi letters, Sanskrit hymns, and Dutch shipping records tell new tales and are presented in English translation for the very first time. Spanning several political dynasties and still thriving today as a billion-dollar family firm in its fourteenth generation, the entrepreneurs featured in this book help us see state power and social change through fresh eyes. How did capitalists outsmart politicians, and what insights can we gain for our own times? You can get 20% off the price of this book with code BRE2023 at Cambridge University Press. Brittany Puller is a PhD candidate in the department of Asian Languages and Cultures at the University of Michigan. Her dissertation examines caste, kinship, and community in the making of Sikh misls in eighteenth-century Punjab. 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