New Books in Economic and Business History

The Kingdom of Rye: A Brief History of Russian Food (U California Press, 2022) unearths the foods and flavors of the Russian land. Preeminent food studies scholar Darra Goldstein offers readers a concise, engaging, and gorgeously crafted story of Russian cuisine and culture. This story demonstrates how national identity is revealed through food—and how people know who they are by what they eat together. The Kingdom of Rye examines the Russians' ingenuity in overcoming hunger, a difficult climate, and a history of political hardship while deciphering Russia's social structures from within. This is a domestic history of Russian food that serves up a deeper history, demonstrating that the wooden spoon is mightier than the scepter.Darra Goldstein is the Willcox B. and Harriet M. Adsit Professor of Russian, Emerita, at Williams College and founding editor of Gastronomica: A Journal of Food and Culture, named Publication of the Year by the James Beard Foundation. She is author of six award-winning cookbooks, including Beyond the North Wind: Russia in Recipes and Lore, and Fire + Ice: Classic Nordic Cooking, which was nominated for a James Beard, IACP, and The Art of Eating awards. Darra also serves as a series editor of California Studies in Food and Culture and has written for Gourmet, Saveur, Bon Appetit, and The New York Times. Follow Darra on Instagram.Yelizaveta Raykhlina is a historian of Russia and Eurasia and holds a PhD from Georgetown University. She is a faculty member at New York University. To learn more, visit her website or follow her on Twitter. Learn more about your ad choices. Visit megaphone.fm/adchoices

In The Handbook of Banking Technology (John Wiley & Sons, 2021), Walker and Morris provide a first comprehensive view of the systems that support a bank. During the interview, they bring out the interactions of these components and how the themes they touch on in the book come together. Years of first-hand experience combined with detailed research come together to explain the intricacies of the technological architecture of modern banking. Quite often the authors provide a long-term perspective of how these applications develop in order to provide a better understanding of how we got to where we are. The other podcast mentioned in this interview is James Bessen "The New Goliaths". Bernardo Batiz-Lazo is currently straddling between Newcastle and Mexico City. You can find him on twitter on issues related to business history of banking, fintech, payments and other musings. Not always in that order. @BatizLazo Learn more about your ad choices. Visit megaphone.fm/adchoices

Kwasi Konadu's book Many Black Women of this Fortress: Graça, Mónica and Adwoa, Three Enslaved Women of Portugal's African Empire (Hurst, 2022) presents rare evidence about the lives of three African women in the sixteenth century--the very period from which we can trace the origins of global empires, slavery, capitalism, modern religious dogma and anti-Black violence. These features of today's world took shape as Portugal built a global empire on African gold and bodies. Forced labor was essential to the world economy of the Atlantic basin, and afflicted many African women and girls who were enslaved and manumitted, baptised and unconvinced.While some women liaised with European and mixed-race men along the West African coast, others, ordinary yet bold, pushed back against new forms of captivity, racial capitalism, religious orthodoxy and sexual violence, as if they were already self-governing. Many Black Women of this Fortress lays bare the insurgent ideas and actions of Graça, Mónica and Adwoa, charting how they advocated for themselves and exercised spiritual and female power. Theirs is a collective story, written from obscurity; from the forgotten and overlooked colonial records. By drawing attention to their lives, we dare to grasp the complexities of modernity's gestation. Learn more about your ad choices. Visit megaphone.fm/adchoices

Throughout its history, the U.S. military has worked in close connection to market-based institutions and structures. It has run systems of free and unfree labor, taken over private sector firms, and both spurred and snuffed out economic development. It has created new markets―for consumer products, for sex work, and for new technologies. It has operated as a regulator of industries and firms and an arbitrator of labor practices. And in recent decades it has gone so far as to refashion itself from the inside, so as to become more similar to a for-profit corporation.The Military and the Market (U Pennsylvania Press, 2022) covers two centuries of history of the U.S. military’s vast and varied economic operations, including its often tense relationships with capitalist markets. Collecting new scholarship at the intersection of the fields of military history, business history, policy history, and the history of capitalism, the nine chapters feature important new research on subjects ranging from Civil War soldier-entrepreneurs, to the business of the construction of housing and overseas bases for the Cold War, to the U.S. military’s troubled relationships with markets for sex. The volume enriches scholars’ understandings of the depth and complexity of military-market relations in U.S. history and offers today’s military policymakers novel insights about the origins of current arrangements and how they might be reimagined.Jennifer Mittelstadt is Professor of History at Rutgers University and author of The Rise of the Military Welfare State.Mark R. Wilson is Professor of History at the University of North Carolina, Charlotte, and author of Destructive Creation: American Business and the Winning of World War II, also available from the University of Pennsylvania Press.Alex Beckstrand is a Ph.D. candidate at the University of Connecticut, a lecturer at Central Connecticut State University, and an officer in the Marine Corps Reserves. He works in the aerospace industry. Learn more about your ad choices. Visit megaphone.fm/adchoices

Once upon a time, it was said that Russia was isolated and ignorant until Peter the Great opened Russia to the West and ushered in modernization. While Tsar Peter I surely did look to the West in his quest to modernize Russia, these processes were underway well before Peter ever launched his first sailboat. Thousands of Europeans who lived in Moscow under the first Romanovs contributed in myriad ways to these modernizing processes. A significant portion of them were from the Netherlands, the small republic at Europe’s edge that threw off its Spanish overloads, mastered its marshy littoral, and went to become the economic powerhouse of seventeenth-century Europe. Building from the unfinished work of the late Jordan Kurland, Kees Boterbloem’s Russia and the Dutch Republic, 1566–1725: A Forgotten Friendship (Lexington Books, 2021) guides us through one of Russia’s most important early modern relationships. This brisque and engaging read introduces us to the diplomats, merchants, mercenaries, and shipwrights, who mediated all manner of exchanges between Russia and the Netherlands, offering a fresh perspective on how this important relationship changed before and during the reign of Peter I.Erika Monahan is an editor of the journal Kritika: Explorations in Russia and Eurasian Studies and associate professor of History at the University of New Mexico. In 2023-2024 she is an Alexander von Humboldt fellow with the University of Cologne. Learn more about your ad choices. Visit megaphone.fm/adchoices

A Great and Rising Nation: Naval Exploration and Global Empire in the Early US Republic (University of Chicago Press, 2022) by Dr. Michael A. Verney illuminates the unexplored early decades of the United States’ imperialist naval aspirations.Conventional wisdom holds that, until the Spanish-American War of 1898, the United States was a feeble player on the world stage, with an international presence rooted in commerce rather than military might. Michael A. Verney’s A Great and Rising Nation flips this notion on its head, arguing that early US naval expeditions, often characterized as merely scientific, were in fact deeply imperialist. Circling the globe from the Mediterranean to South America and the Arctic, these voyages reflected the diverse imperial aspirations of the new republic, including commercial dominance in the Pacific World, religious empire in the Holy Land, proslavery expansion in South America, and diplomatic prestige in Europe. As Dr. Verney makes clear, the United States had global imperial aspirations far earlier than is commonly thought.This interview was conducted by Dr. Miranda Melcher whose doctoral work focused 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

Corporate concentration has breached the stratosphere, as have corporate profits. An ever-expanding constellation of industries are now monopolies (where sellers have excessive power over buyers) or monopsonies (where buyers hold the whip hand over sellers)—or both.In Chokepoint Capitalism: How Big Tech and Big Content Captured Creative Labor Markets and How We'll Win Them Back (Beacon, 2022), scholar Dr. Rebecca Giblin and writer and activist Cory Doctorow argue we’re in a new era of “chokepoint capitalism,” with exploitative businesses creating insurmountable barriers to competition that enable them to capture value that should rightfully go to others. All workers are weakened by this, but the problem is especially well-illustrated by the plight of creative workers. From Amazon’s use of digital rights management and bundling to radically change the economics of book publishing, to Google and Facebook’s siphoning away of ad revenues from news media, and the Big Three record labels’ use of inordinately long contracts to up their own margins at the cost of artists, chokepoints are everywhere.By analyzing book publishing and news, live music and music streaming, screenwriting, radio and more, Giblin and Doctorow deftly show how powerful corporations construct “anti-competitive flywheels” designed to lock in users and suppliers, make their markets hostile to new entrants, and then force workers and suppliers to accept unfairly low prices.In the book’s second half, Giblin and Doctorow then explain how to batter through those chokepoints, with tools ranging from transparency rights to collective action and ownership, radical interoperability, contract terminations, job guarantees, and minimum wages for creative work.Chokepoint Capitalism is a call to workers of all sectors to unite to help smash these chokepoints and take back the power and profit that’s being heisted away—before it’s too late.This interview was conducted by Dr. Miranda Melcher whose doctoral work focused 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 Black Bodies, White Gold: Art, Cotton, and Commerce in the Atlantic World (Duke UP, 2021), Anna Arabindan-Kesson uses cotton, a commodity central to the slave trade and colonialism, as a focus for new interpretations of the way art, commerce, and colonialism were intertwined in the nineteenth-century Atlantic world. In doing so, Arabindan-Kesson models an art historical approach that makes the histories of the Black diaspora central to nineteenth-century cultural production. She traces the emergence of a speculative vision that informs perceptions of Blackness in which artistic renderings of cotton--as both commodity and material--became inexorably tied to the monetary value of Black bodies. From the production and representation of "negro cloth"--the textile worn by enslaved plantation workers--to depictions of Black sharecroppers in photographs and paintings, Arabindan-Kesson demonstrates that visuality was the mechanism through which Blackness and cotton became equated as resources for extraction. In addition to interrogating the work of nineteenth-century artists, she engages with contemporary artists such as Hank Willis Thomas, Lubaina Himid, and Yinka Shonibare CBE RA, who contend with the commercial and imperial processes shaping constructions of Blackness and meanings of labor.Adam McNeil is a Ph.D. Candidate in History at Rutgers, the State University of New Jersey. Learn more about your ad choices. Visit megaphone.fm/adchoices

On an August night in 1893, the deadliest hurricane in South Carolina history struck the Lowcountry, killing thousands—almost all African American. But the devastating storm is only the beginning of this story. The hurricane's long effects intermingled with ongoing processes of economic downturn, racial oppression, resistance, and environmental change. In the Lowcountry, the political, economic, and social conditions of Jim Crow were inextricable from its environmental dimensions.This narrative history of a monumental disaster and its aftermath uncovers how Black workers and politicians, white landowners and former enslavers, northern interlocutors and humanitarians all met on the flooded ground of the coast and fought to realize very different visions for the region's future. Through a telescoping series of narratives in which no one's actions were ever fully triumphant or utterly futile, Hurricane Jim Crow: How the Great Sea Island Storm of 1893 Shaped the Lowcountry South (UNC Press, 2022) explores with nuance this painful and contradictory history and shows how environmental change, political repression, and communal traditions of resistance, survival, and care converged.Caroline Grego is assistant professor of history at Queens University of Charlotte. 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

Most of what people think they know about Texas history is wrong, argues Bucknell University history professor Paul Barba in Country of the Cursed and the Driven: Slavery in the Texas Borderlands (U Nebraska Press, 2021). Setting out to write a book on Texas history that didn't mention The Alamo, Barba instead views the region's past through the lenses of borderlands analysis, slavery and captivity, and anti-Blackness, to paint a very different picture than the Texas of popular memory. From the sixteenth century onwards, Texas was defined by captivity and kinship, two mutually constitutive sides of the same story. In a place where no one group - Spanish, Comanche, Anglo - could easily take the upper hand of power, all sides needed unfree people to perform colonial labor and conduct diplomacy across cultures. Slavery became critical to the region's history from the earliest days of colonization, and only deepened as Texas grew into an extension of the enslaved economy of the cotton south. Rather than a land of democratic freedom, the Texas of the eighteenth and nineteenth centuries is defined by captivity and struggle between colonized, colonizers, and those caught in between.Dr. Stephen R. Hausmann is an assistant professor of history at the University of St. Thomas in Minnesota. Learn more about your ad choices. Visit megaphone.fm/adchoices