New Books in Economic and Business History

Historian Hanna Rose Shell, a professor at University of Colorado, Boulder, talks about her book Shoddy: From Devil’s Dust to the Renaissance of Rags with Peoples & Things host Lee Vinsel. Along the way, Shell raises a number of important and interesting things, including the long history of reuse and recycling and how forms of technology and work become tied to social status. With shoddy, it was the anxieties of low class, low social status work and poverty. Shell also discusses how individual technologies become mirrors for the worries, fears, hatreds, and other feelings of society – how when we look into the history of any technology we often see ourselves reflected back. Learn more about your ad choices. Visit megaphone.fm/adchoices

Writers of the late seventeenth and early eighteenth centuries—a period of vast economic change—recognized that the global trade in alcohol and tobacco promised a brighter financial future for England, even as overindulgence at home posed serious moral pitfalls. Consuming Anxieties: Alcohol, Tobacco, and Trade in British Satire, 1660-1751 (Bucknell University Press, 2024) by Dr. Dayne Riley is an engaging and original study that explores how literary satirists represented these consumables—and related anxieties about the changing nature of Britishness—in their work. Dr. Riley traces the satirical treatment of wine, beer, ale, gin, pipe tobacco, and snuff from the beginning of Charles II’s reign, through the boom in tobacco’s popularity, to the end of the Gin Craze in libertine poems and plays, anonymous verse, ballad operas, and the satire of canonical writers such as Gay, Pope, and Swift. Focusing on social concerns about class, race, and gender, Consuming Anxieties examines how satirists championed Britain’s economic strength on the world stage while critiquing the effects of consumable luxuries on the British body and consciousness.  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

Growing up in a remote corner of the world’s largest rainforest, Pio, Maria, and Oita learned to hunt wild pigs and tapirs, and gathered Brazil nuts and açaí berries from centuries-old trees. The first highway pierced through in 1960. Ranchers, loggers, and prospectors invaded, and the kids lost their families to terrible new weapons and diseases. Pushed by the government to assimilate, they struggled to figure out their new, capitalist reality, discovering its wonders—cars, refrigerators, TV sets, phones—as well as a way to acquire them: by selling the natural riches of their own forest home. They had to partner with the white men who’d hunted them, but their wealth grew legendary, the envy of the nation—until decades of suppressed trauma erupted into a massacre, bloody retribution that made headlines across the globe. Based on six years of immersive reporting and research, When We Sold God's Eye: Diamonds, Murder, and a Clash of Worlds in the Amazon (Grand Central Publishing, 2024) tells a unique kind of adventure story, one that begins with a river journey by Theodore Roosevelt and ends with smugglers from New York City’s Diamond District. It’s a story of survival against all odds; of the temptations of wealth and the dream of prosperity; of an ecosystem threatened by our hunger for resources; of genocide and revenge. It’s a tragedy as old as the first European encounters with Indigenous people, playing out in the present day. But most of all, it’s the moving saga of a few audacious individuals—Pio, Maria, Oita, and their friends—and their attempts to adapt and even thrive in the most unlikely circumstances. Learn more about your ad choices. Visit megaphone.fm/adchoices

Peoples & Things host, Lee Vinsel, talks with Joshua Brinkman, Assistant Teaching Professor of Science, Technology, and Society at North Carolina State University, about his book, American Farming Culture and the History of Technology (Routledge, 2024). The book provides a fascinating exploration about how American farmers–contrary to their image as backwards and even anti-technology–have prided and put forward images of themselves as existing on the technological cutting-edge of modernity. Brinkman examines how different ideologies of farming have developed over time in the United States and how these ideologies have shaped the adoption of and ideas around new agricultural technologies. In addition to his academic work, Brinkman is also an accomplished saxophonist and jazz musician, and you can find recordings from two of his current bands, the Fabulous Nite-Life Boogie and Les Trois Chats, online. Learn more about your ad choices. Visit megaphone.fm/adchoices

Politicians, economists, and the media have put forth no shortage of explanations for the mounting problem of wealth inequality – a loss of working class jobs, a rise in finance-driven speculative capitalism, and a surge of tax policy decisions that benefit the ultra-rich, among others. While these arguments focus on the macro problems that contribute to growing inequality, they overlook one innocuous but substantial contributor to the widening divide: the explosion of fees accompanying virtually every transaction that people make. As Devin Fergus, Arvarh E. Strickland Distinguished Professor of History, Black Studies, and Public Affairs at the University of Missouri, shows in Land of the Fee: Hidden Costs and the Decline of the American Middle Class (Oxford University Press, 2018), these perfectly legal fees are buried deep within the verbose agreements between vendors and consumers – agreements that few people fully read or comprehend. The end effect, Fergus argues, is a massive transfer of wealth from the many to the few: large banking corporations, airlines, corporate hotel chains, and other entities of vast wealth. Fergus traces the fee system from its origins in the deregulatory wave of the late 1970s to the present, placing the development within the larger context of escalating income inequality. He organizes the book around four of the basics of existence: housing, work, transportation, and schooling. In each category, industry lobbyists successfully influenced legislatures into transforming the law until surreptitious fees became the norm. The average consumer is now subject to a dizzying array of charges in areas like mortgage contracts, banking transactions, auto insurance rates, college payments, and payday loans. The fees that accompany these transactions are not subject to usury laws and have effectively redistributed wealth from the lower and middle classes to ultra-wealthy corporations and the individuals at their pinnacles. By exposing this predatory and nearly invisible system of fees, Land of the Fee will reshape our understanding of wealth inequality in America. Learn more about your ad choices. Visit megaphone.fm/adchoices

In the late nineteenth century, as much of the world adopted some variant of the gold standard, China remained the most populous country still using silver. Yet China had no unified national currency; there was not one monetary standard but many. Silver coins circulated alongside chunks of silver and every transaction became an "encounter of wits." China and the End of Global Silver, 1873–1937 (Cornell UP, 2020) focuses on how officials, policy makers, bankers, merchants, academics, and journalists in China and around the world answered a simple question: how should China change its monetary system? Far from a narrow, technical issue, Chinese monetary reform is a dramatic story full of political revolutions, economic depressions, chance, and contingency. As different governments in China attempted to create a unified monetary standard in the late nineteenth and early twentieth century, the United States, England, and Japan tried to shape the direction of Chinese monetary reform for their own benefit.  Austin Dean argues convincingly that the Silver Era in world history ended owing to the interaction of imperial competition in East Asia and the state-building projects of different governments in China. When the Nationalist government of China went off the silver standard in 1935, it marked a key moment not just in Chinese history but in world history. Austin Dean is Assistant Professor of History at the University of Nevada, Las Vegas. His work has appeared in Modern China and the Journal of American-East Asian Relations. He is on twitter @thelicentiate. Ghassan Moazzin is an Assistant Professor at the Hong Kong Institute for the Humanities and Social Sciences and the Department of History at the University of Hong Kong. He works on the economic and business history of 19th and 20th century China, with a particular focus on the history of foreign banking, international finance and electricity in modern China. His first book, tentatively titled Foreign Banks and Global Finance in Modern China: Banking on the Chinese Frontier, 1870–1919, is forthcoming with Cambridge University Press. Learn more about your ad choices. Visit megaphone.fm/adchoices

As Twitter enters its own adolescence, both the users and the creators of this famous social media platform find themselves engaging with a tool that certainly could not have been imagined at its inception. In their engaging book Twitter: A Biography (NYU Press, 2020), Jean Burgess and Nancy K. Baym (@nancybaym) tell the fascinating and surprising story of how this platform developed from a quirky SMS tool for publicly sharing intimate details of personal life to a major source of late-breaking news, political activism, and even governmental communication. This story explores how many of Twitter's most ubiquitous and iconic conventions were not systematically rolled out from a centralized corporate strategy, but so often driven by users who continued to innovate within the limitations of the platform they had to democratically create the platform they desired. Yet this story highlights the tensions along the way as Twitter has adapted to new and unforeseen challenges, business models, and social consequences as the experiments of social media have become increasingly powerful, influential, and contested. This book is a must read for anyone interested in the wild and changing landscape of internet communication and communities. Ryan David Shelton (@ryoldfashioned) is a social historian of British and American Protestantism and a PhD researcher at Queen’s University Belfast. Learn more about your ad choices. Visit megaphone.fm/adchoices

Joshua Rothman’s The Ledger and the Chain: How Domestic Slave Traders Shaped America was published by Basic Books in 2021, and tells a sprawling history of slave traders in America. Often presented as outcasts and social pariahs, slave traders were often instead wealthy and respected members of their communities. Rothman explores the lives and careers of Isaac Franklin, John Armfield, and Rice Ballard to show just what the work of a domestic slave trader looked like and the devastating affects their actions had on enslaved people. By weaving together a history the lives of men who created one of the most powerful slave trading operations in America, Rothman is able to show how slavery’s expansion and growth occurred up to the Civil War. Joshua Rothman is a professor of history at the University of Alabama. Learn more about your ad choices. Visit megaphone.fm/adchoices

For over a century Mexico has been embroiled in a drug war dictated by the demands of their neighbor to the north. In The Dope: The Real History of the Mexican Drug Trade (W. W. Norton, 2021), Benjamin T. Smith offers a history of the trade and its effects upon the people of Mexico. As he reveals, at the start of the 20th century drugs such as marijuana and opium were largely on the margins of Mexican society, used mainly by soldiers, prisoners, and immigrants. The association of marijuana with a bohemian subculture in the early 1920s prompted the first punitive laws against it, while the use of opium by Chinese immigrants led Mexican officials to target the drug as a means to arrest the country’s Chinese population. Yet the drug trade thrived thanks to the growing demand for marijuana and heroin in the United States. In response, American officials pressured their Mexican counterparts to end drug production and distribution in their country, even to the point of ending the effort to provide heroin in a regulated way for the country’s relatively small population of heroin addicts. Yet these efforts often foundered on the economic factors involved, with many government officials protecting the trade either for personal profit or for the financial benefits the trade provided to their states. This trade only grew in the postwar era, as the explosion of drug use in the 1960s and the crackdown on the European heroin trade made Mexico an increasingly important supplier of narcotics to the United States. The vast profits to be made from this changed the nature of the trade from small-scale family-managed operations to much more complex organizations that increasingly employed violence to ensure their share of it. As Smith details, the consequences of this have proven enormously detrimental both to the Mexican state and to the Mexican people. Learn more about your ad choices. Visit megaphone.fm/adchoices

During the middle decades of the twentieth century, the production of America’s consumer culture was centralized in New York to an extent unparalleled in the history of the United States. Every day tens of thousands of writers, editors, artists, performers, technicians, and secretaries made advertisements, produced media content, and designed the shape and feel of the consumer economy. While this centre of creativity has often been portrayed as a smoothly running machine, within these offices many white-collar workers challenged the managers and executives who directed their labours. Shannan Clark. author of The Making of the American Creative Class: New York's Culture Workers and 20th-Century Consumer Capitalism (Oxford UP, 2020), speaks with Pierre d’Alancaisez about the origins of the creative class, their labour union struggles and successes, the role of the Works Projects Administration, and institutions like the Design Laboratory and Consumer Union which foretell the experiences of today’s culture workers. Pierre d’Alancaisez is a contemprary art curator, cultural strategist, researcher. Sometime scientist, financial services professional. Learn more about your ad choices. Visit megaphone.fm/adchoices

The story of the driver is the story of Atlantic slavery. Starting in the seventeenth-century Caribbean, enslavers developed the driving system to solve their fundamental problem: how to extract labor from captive workers who had every reason to resist. In this system, enslaved Black drivers were tasked with supervising and punishing other enslaved laborers. In The Driver’s Story: Labor and Power in the World of Atlantic Slavery (U Pennsylvania Press, 2024), Randy M. Browne illuminates the predicament and harrowing struggles of these men―and sometimes women―at the heart of the plantation world. What, Browne asks, did it mean to be trapped between the insatiable labor demands of white plantation authorities and the constant resistance of one’s fellow enslaved laborers? In this insightful and unsettling account of slavery and racial capitalism, Browne shows that on plantations across the Americas, drivers were at the center of enslaved people’s working lives, social relationships, and struggles against slavery. Drivers enforced labor discipline and confronted the resistance of their fellow enslaved laborers, aiming to maintain a position that helped them survive in a world where enslaved people were treated as disposable. Drivers also protected the people they supervised, negotiating workloads and customary rights to essentials like food and rest with white authorities. Within the slave community, drivers helped other enslaved people create a sense of belonging, as husbands and fathers, as Big Men, and as leaders of diasporic African “nations.” Sometimes, drivers even organized rebellions, sabotaging the very system they were appointed to support. Compelling and original, The Driver’s Story enriches our understanding of the never-ending war between enslavers and enslaved laborers by focusing on its front line. It also brings us face-to-face with the horror of capitalist labor exploitation. Learn more about your ad choices. Visit megaphone.fm/adchoices

In the late-18th century, a group of publishers in what historian Robert Darnton calls the "Fertile Crescent" — countries located along the French border, stretching from Holland to Switzerland — pirated the works of prominent (and often banned) French writers and distributed them in France, where laws governing piracy were in flux and any notion of "copyright" very much in its infancy. Piracy was entirely legal and everyone acknowledged — tacitly or openly — that these pirated editions of works by Rousseau, Voltaire, and Diderot, among other luminaries, supplied a growing readership within France, one whose needs could not be met by the monopolistic and tightly controlled Paris Guild. Darnton's book Pirating and Publishing: The Book Trade in the Age of Enlightenment (Oxford UP, 2021) focuses principally on a publisher in Switzerland, one of the largest and whose archives are the most complete. Through the lens of this concern, he offers a sweeping view of the world of writing, publishing, and especially bookselling in pre-Revolutionary France--a vibrantly detailed inside look at a cut-throat industry that was struggling to keep up with the times and, if possible, make a profit off them. Featuring a fascinating cast of characters — lofty idealists and down-and-dirty opportunists — this new book expands upon on Darnton's celebrated work on book-publishing in France, most recently found in Literary Tour de France. Pirating and Publishing reveals how and why piracy brought the Enlightenment to every corner of France, feeding the ideas that would explode into revolution. Zach McCulley (@zamccull) is a historian of religion and literary cultures in early modern England and PhD candidate in History at Queen's University Belfast. Learn more about your ad choices. Visit megaphone.fm/adchoices

John Eglin talks with Jana Byars about The Gambling Century: Commercial Gaming in Britain from Restoration to Regency (Oxford UP, 2023). Gambling captures as nothing else the drama of the "long eighteenth century" between the age of religious wars and the age of revolutions. The society that was confronted with games of chance pursued as commercial ventures also came to grips with unprecedented social mobility, floated by new wealth from new sources created fortunes from trade in sugar, cotton, ivory, silk, tea, or enslaved human beings. Likewise, play for money was prominent in the public imagination as money itself, deployed through an ever expanding and ever more sophisticated range of mechanisms, increasingly invaded public awareness, as when prospective spouses in period fiction were rated in terms of annual income as if they were municipal bonds. Similarly, the archetypal figure of the gambler captured the imagination of the public in fiction, media, and politics. At the same time, new interest in science, technology, engineering, and mathematics - encouraged and bankrolled by those in power - fostered a new and unprecedented appreciation for mathematical probability and its applications, opening the possibility that games of chance might be pursued as a profitable commercial venture.  The Gambling Century focuses like no previous work on those who enabled, facilitated, and profited from gambling, as well as on efforts to regulate or outlaw it. Using extensive archival material as well as printed sources, it follows its subjects from the Court to the coffeehouse, to private clubs and "at homes" in townhouses, all of which prefigure that quintessentially modern gambling space, the casino. Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode, Alisa interviews Dr. Marianne Kamp to celebrate the release of her new book, Collectivization Generation: Oral Histories of a Social Revolution in Uzbekistan, recently published by Cornell University Press. Collectivization Generation is a history of agricultural collectivization in Soviet Uzbekistan that relies on oral history accounts: we meet Uzbeks who were driven from their homes by bandits, whose fathers disappeared in the Stalinist gulag, who suffered starvation and orphanhood. We also meet Uzbeks who told of embracing the project of collectivization, of feeling rewarded with dignity, recognition, pay, association with national triumphs, and with the progress represented by a tractor. In the interview, Dr. Kamp shares insights into her interactive approach to history, the process of collaboration, and the challenges of working with such a colossal body of narrative and putting it out into the world. Learn more about your ad choices. Visit megaphone.fm/adchoices

How do ordinary people write the stories of their lives? In A Hundred English Working-Class Lives, 1900-1945 (Palgrave MacMillan, 2024), Rebecca Ball, a lecturer in history at Manchester Metropolitan University, presents the microhistory of a series of working-class autobiographies. Ranging from childhood experiences, through education, work, marriage and death, the book draws on the hundred voices to paint a rich and evocative picture of working-class life. These lives are lived against the backdrop of huge global events, not least of which are two world wars. Yet what comes through is the sense of continuity of everyday life even in the face of such huge social change. Offering theoretical reflection for historians as well as being accessible to general readers, the book is essential reading for anyone interested in understanding life in the first half of the twentieth century. Learn more about your ad choices. Visit megaphone.fm/adchoices