New Books in Economic and Business History

Jeremy Yellen’s The Greater East Asia Co-Prosperity Sphere: When Total Empire Met Total War (Cornell University Press, 2019) is a challenging transnational exploration of the Greater East Asia Co-Prosperity Sphere, Japan’s ambitious, confused, and much maligned attempt to create a new bloc order in East and Southeast Asia during World War II. Yellen’s book is welcome both as the first book-length treatment of the Sphere in English and for also being innovative in both approach and analysis. The book is divided into two parts, each addressing one of the “two Pacific Wars,” as Yellen puts it: a “war of empires” and “an anticolonial war… for independence.” The first half of the book treats the Japanese “high policy” of the Sphere. Here, Yellen not only provides—through the Coprosperity Sphere—a provocative new reading of the Tripartite Pact and the imbrication of Japan’s regional and global geopolitical strategies, but also outlines an important timeline of how Japanese conceptualizations of the Sphere evolved with the changing economic, political, and military expediencies of the Pacific War. Though ideas about the Sphere as a regional order of hierarchical solidarity with Japan at its apex, a “grand strategy of opportunism” rooted in the “sphere-of-influence diplomacy” and “cooperative imperialism” of Japan’s bombastic and enigmatic foreign minister, Matsuoka Yōsuke, Yellen shows that plans for the Sphere only became specific and concrete when Japan’s war situation descended into increasing desperation from 1942 on. The second half of the book shifts gears to examine responses to the Sphere in the Philippines and Burma. Yellen shows that for local nationalist elites like Burma’s first prime minister Ba Maw, whether Japanese rhetoric about the creation of more-or-less liberal international order within the Sphere for the top-echelon nations like Burma and the Philippines was genuine or self-serving, “even sham independence brought opportunity.” By focusing on these pragmatic nationalists (“patriotic collaborators”) Yellen contributes to a growing body of literature on empire that refuses to be pigeonholed by binaries of virtuous resistance and traitorous collaboration.This podcast was recorded as a lecture/dialogue for a live audience at Nagoya University. Learn more about your ad choices. Visit megaphone.fm/adchoices

Many of our presumptions about the Panama Canal Zone are wrong; it was not carved out of uninhabited jungle, the creation of Lake Gatún did not flood towns and force them to move, people living in the zone prior to the construction of the canal were not out of step with modernity. In her new book, Erased: The Untold Story of the Panama Canal (Harvard University Press, 2019), Marixa Lasso argues compellingly that the construction of the Panama Canal prompted the destruction of a bustling network of towns, along with the livelihoods and democratic traditions of their inhabitants.Alejandra Bronfman is Professor and Director of Undergraduate Studies Latin American, Caribbean & U.S. Latino Studies at SUNY, Albany. Learn more about your ad choices. Visit megaphone.fm/adchoices

The modern popularity of acupuncture and herbal medicine belies the long history of Chinese medicine in the U.S. In Herbs and Roots: A History of Chinese Doctors in the American Medical Marketplace (Yale University Press, 2019), Tamara Venit-Shelton (Claremont McKenna College) examines the historical contexts that shaped perceptions of traditional Chinese medicine from the colonial period to the present. Venit-Shelton draws from court records, material culture, census records, oral interviews, and newspapers to uncover the multi-faceted roles that Chinese herbalists played in both Chinese and non-Chinese communities during the “long Progressive Era.”Through self-Orientalizing presentations, these health practitioners enterprisingly navigated, accommodated, and resisted waves of rising xenophobia and medical regulation. After a period of struggle between the 1930s and 1970s when depression and war disrupted supply chains, Chinese medicine made a roaring comeback even as increasing numbers of Chinese Americans trained in Western medicine, leading to the rise of integrative medicine. Herbs and Roots deepens our understanding of histories of medicine and public health, American Orientalism, Asian immigration to the US, and the environment and ideas of nature.Ian Shin is assistant professor of History and American Culture at the University of Michigan. Learn more about your ad choices. Visit megaphone.fm/adchoices

We are living in an age of addiction, from compulsive gaming and binge eating to pornography and opioid abuse. Today I talked with historian David Courtwright about the global nature of pleasure, vice, and capitalism. His new book is called The Age of Addiction: How Bad Habits Became Big Business (Harvard University Press, 2019). During our discussion, Courtwright walks us through the emergence of the worldwide commodification of vice and shares his views on "limbic capitalism," the network of competitive businesses targeting the brain pathways responsible for feeling, motivation, and long-term memory. The book is equally interesting and disturbing. And Courtwright offers timely recommendations about how we can understand and address the Age of Addiction. Coming from one of the world's leading experts on the history of drugs and addiction, this important work raises stimulating and sobering questions about consumption and free will.Courtwright is the author of Forces of Habit: Drugs and the Making of the Modern World (Harvard University Press, 2001) as well as Dark Paradise: A History of Opiate Addiction in America (Harvard University Press, 1982).Lucas Richert is an associate professor in the School of Pharmacy at the University of Wisconsin, Madison. He studies intoxicating substances and the pharmaceutical industry. He also examines the history of mental health. Learn more about your ad choices. Visit megaphone.fm/adchoices

The poignant rise and fall of an idealistic immigrant who, as CEO of a major conglomerate, tried to change the way America did business before he himself was swallowed up by corporate corruption.At 8 a.m. on February 3, 1975, Eli Black leapt to his death from the 44th floor of Manhattan’s Pan Am building. The immigrant-turned-CEO of United Brands—formerly United Fruit, now Chiquita—Black seemed an embodiment of the American dream. United Brands was transformed under his leadership—from the “octopus,” a nickname that captured the corrupt power the company had held over Latin American governments, to “the most socially conscious company in the hemisphere,” according to a well-placed commentator. How did it all go wrong?Eli and the Octopus: The CEO Who Tried to Reform One of the World’s Most Notorious Corporations (Harvard UP, 2023) traces the rise and fall of an enigmatic business leader and his influence on the nascent project of corporate social responsibility. Born Menashe Elihu Blachowitz in Lublin, Poland, Black arrived in New York at the age of three and became a rabbi before entering the business world. Driven by the moral tenets of his faith, he charted a new course in industries known for poor treatment of workers, partnering with labor leaders like Cesar Chavez to improve conditions. But risky investments, economic recession, and a costly wave of natural disasters led Black away from the path of reform and toward corrupt backroom dealing.Now, two decades after Google’s embrace of “Don’t be evil” as its unofficial motto, debates about “ethical capitalism” are more heated than ever. Matt Garcia presents an unvarnished portrait of Black’s complicated legacy. Exploring the limits of corporate social responsibility on American life, Eli and the Octopus offers pointed lessons for those who hope to do good while doing business.Matt Garcia is Ralph and Richard Lazarus Professor of Latin American, Latino, and Caribbean Studies and of History at Dartmouth College. His books include From the Jaws of Victory: The Triumph and Tragedy of Cesar Chavez and the Farm Worker Movement, which received the Philip Taft Award for the Best Book in Labor History. Learn more about your ad choices. Visit megaphone.fm/adchoices

Key Changes: The Ten Times Technology Transformed the Music Industry (Oxford University Press, 2023) by Howie Singer and Bill Rosenblatt tells a new story about the history of the music business and the ten technological advances that disrupted it over the last century.In recent years, narratives about the music industry tend to hew to a common theme: it was humming along for decades until the Internet and Napster came along and disrupted it. Key Changes shows that this view is incorrect: the industry was actually shaken up not once in the 1990s, but ten times over more than 100 years. These ten disruptions came with the introduction of new formats for enjoying recorded music: starting with the cylinders and discs played on early phonographs; then moving through radio, LPs, tapes, CDs, television, digital downloads, streaming, and streaming video; and then into Artificial Intelligence (AI), which enables a wide range of new capabilities with profound impacts upon the business. This book devotes a chapter to each of these formats, illustrating how such innovations beget shifts in creativity, consumer behavior, economics, and law.Each of the technological innovations covered in this book not only disrupted the music business, but also fundamentally altered the industry's character. And while the technologies themselves have evolved in unique and varied ways over the decades, the changes within the business follow a clear pattern. Veteran music industry professionals and music technology experts Howie Singer and Bill Rosenblatt illuminate this pattern through a framework they term "the 6 Cs": cutting edge technology, channels of distribution, creators, consumers, cash, copyright. This framework provides insight into how such disparate innovations similarly disrupted and transformed the music business in each era. Extensively researched and supplemented by interviews with Grammy-winning artists, producers and executives, the book provides an insightful perspective on the ways technology has fundamentally altered the music industry, throughout history and into the present era.This interview was conducted by Dr. Miranda Melcher whose forthcoming 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

While a positive correlation between capitalism and democracy has existed in Western Europe and North America, the example of late-industrializing nations such as Turkey has demonstrated that the two need not always go hand in hand, and sometimes the interests of business coincide more firmly with anti-democratic forces. In Democracy and Capitalism in Turkey: The State, Power, and Big Business (Bloomsbury, 2023), Devrim Adam Yavuz explores the factors that compelled capitalists in Turkey to adopt a more pro-democratic ideology by examining a leading Turkish business lobby (TÜSIAD) which has been pushing for democratic reform since the 1990s, despite representing some of the largest corporation owners in Turkey and having supported the state's authoritarian tendencies in the past such as the military coup of 1980.Drawing on roughly 70 interviews with influential members of TÜSIAD and individuals close to them, the book reveals that business leaders were willing to break away from the state due to the conflict between their evolving economic needs and power with a political elite and state that were unwilling to cater to their demands. In so doing, the book provides a rich account of business-state relations in Turkey as well as providing a case study for the wider study of democracy and capitalism in developing nations.Reuben Silverman is a Postdoctoral Researcher at Stockholm University’s Institute for Turkish Studies. Learn more about your ad choices. Visit megaphone.fm/adchoices

Animal products were used extensively in nineteenth-century Britain. A middle-class Victorian woman might wear a dress made of alpaca wool, drape herself in a sealskin jacket, brush her hair with a tortoiseshell comb, and sport feathers in her hat. She might entertain her friends by playing a piano with ivory keys or own a parrot or monkey as a living fashion accessory.In Victims of Fashion: Animal Commodities in Victorian Britain (Cambridge University Press, 2021), Dr. Helen Cowie examines the role of these animal-based commodities in Britain in the long nineteenth century and traces their rise and fall in popularity in response to changing tastes, availability, and ethical concerns. Focusing on six popular animal products – feathers, sealskin, ivory, alpaca wool, perfumes, and exotic pets – she considers how animal commodities were sourced and processed, how they were marketed and how they were consumed. Dr. Cowie also assesses the ecological impact of nineteenth-century fashion.This interview was conducted by Dr. Miranda Melcher whose forthcoming 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

A pioneering Detroit automobile factory. A legendary iron mill at the edge of Pittsburgh. A campus of concrete grain elevators in Buffalo. Two monumental train stations, one in Buffalo, the other in Detroit. These once noble sites have since fallen from their towering grace. As local elected leaders did everything they could to destroy what was left of these places, citizens saw beauty and utility in these industrial ruins and felt compelled to act. Postindustrial DIY: Recovering American Rust Belt Icons (Fordham UP, 2023) tells their story. The culmination of over a dozen years of on-the-ground investigation, ethnography, and historical analysis, author and urbanist Daniel Campo immerses the reader into this postindustrial landscape, weaving the perspectives of dozens of DIY protagonists as well as architects, planners, and preservationists. Working without capital, expertise, and sometimes permission in a milieu dominated by powerful political and economic interests, these do-it-yourself actors are driven by passion and a sense of civic duty rather than profit or political expediency. They have craftily remade these sites into collective preservation projects and democratic grounds for arts and culture, environmental engagement, regional celebrations, itinerant play, and in-the-moment constructions. Their projects are generating excitement about the prospect of Rust belt life, even as they often remain invisible to the uninformed passerby and fall short of professional preservation or environmental reclamation standards. Demonstrating that there is no such thing as a site that is "too far gone" to save or reuse, Postindustrial DIY is rich with case studies that demonstrate how great architecture is not simply for the elites or wealthy. The citizen preservationists and urbanists described in this book offer looser, more playful, and often more publicly satisfying alternatives to the development practices that have transformed iconic sites into expensive real estate or a clean slate for the next profitable endeavor. Transcending the disciplinary boundaries of architecture, historic preservation, city planning and landscape architecture, Postindustrial DIY suggests new ways to engage, adapt and preserve architecturally compelling sites and bottom-up strategies for Rustbelt revival.Stephen Pimpare is a Senior Fellow at the Carsey School of Public Policy at the University of New Hampshire. Learn more about your ad choices. Visit megaphone.fm/adchoices

The notions of labour, mobility and piety have a complex and intertwined relationship. Using ethnographic methods and a historical perspective, Vineeta Sinha's Temple Tracks: Labour, Piety and Railway Construction in Asia (Berghahn Books, 2023) critically outlines the interlink of railway construction in colonial and post-colonial Asia, as well as the anthropology of infrastructure and transnational mobilities with religion. In Malaysia and Singapore, evidence of religion-making and railway-building from a colonial past is visible in multiple modes and media as memories, recollections and 'traces'.Raj Balkaran is a scholar of Sanskrit narrative texts. He teaches at the Oxford Centre for Hindu Studies and at his own virtual School of Indian Wisdom. For information see rajbalkaran.com. Learn more about your ad choices. Visit megaphone.fm/adchoices