New Books in Economics

One of the most interesting questions of modern history is this: Why is it that Communist China was able to make a successful transition to economic modernity (and with it prosperity) while the Communist Soviet Union was not? In his excellent book The Struggle to Save the Soviet Economy: Mikhail Gorbachev and the Collapse of the USSR (UNC Press, 2016), Chris Miller offers a convincing explanation for the divergent paths of these two Marxist-Leninist powers. Miller shows that Mikhail Gorbachev knew well about the on-going Chinese experiment, and he modeled much of what he attempted to do on it. Yet, as Miller argues, Gorbachev faced much stiffer political and ideological opposition than the Chinese leader, Deng Xiaoping, did. In the USSR, the Party was stronger and there were powerful institutional-economic interests standing in his way. In addition, Soviet socialism had “worked” for masses of ordinary citizens in a way that Chinese socialism had not; many “Soviet people” believed in the Soviet system and were very skeptical about the idea of adopting a new economic order. Caught between powerful elites and relatively satisfied regular folks, both of whom were beholden to the old ways, Gorbachev’s reforms didn’t really stand a chance. Learn more about your ad choices. Visit megaphone.fm/adchoicesSupport our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics

The question of how we should act when facing something gravely immoral is a difficult one. This is particularly true when that immorality touches upon our everyday life. Such was the issue that Quakers, and others, faced with the question of goods produced by slaves. Was consuming goods, such as sugar or cotton clothing manufactured by slaves incompatible with abolitionism? Could the refusal to consume such goods contribute to the liberation of slaves? In her new book, Moral Commerce: Quakers and the Transatlantic Boycott of the Slave Labor Economy (Cornell University Press, 2016), Dr. Julie Holcomb focuses on abolitionists who answered yes to both of these questions. In this carefully researched and fascinating study, Holcomb examines the boycott movement in the Atlantic world, focusing on Britain and the United States, and ties together various discourses on race, religion, culture, and the economy. This book is particularly well suited for those interested in the history of abolitionism, but because of the wide variety of subjects it covers, virtually every reader can find something useful in it. Learn more about your ad choices. Visit megaphone.fm/adchoicesSupport our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics

Although defined throughout his professional career as a development economist, Albert O. Hirschman’s intellectual scope defied classification. In Worldly Philosopher: The Odyssey of Albert O. Hirschman (Princeton University Press, 2013) Jeremy Adelman describes the course of a restless thinker whose life intersected with some of the most important events and developments of the twentieth century. Born to a family of assimilated Jews, Hirschman grew up in the cosmopolitan atmosphere of Weimar Germany in the 1920s. After the Nazi regime came to power Hirschman began an itinerant existence, gaining an education in economics from universities in three different countries. A passionate anti-fascist, he fought for the Spanish Republic in the Spanish Civil War and France in the Second World War. With the fall of France in 1940 he helped many of Europe’s leading artists and intellectuals escape from Nazi rule before emigrating to the United States himself. After wartime service in the OSS, Hirschman worked in the U.S. government on the postwar reconstruction of the European economy before moving to Colombia to serve as an advisor to the government there. His experiences in Latin America proved key to his emergence as a pioneer in the new field of development economics, which led to a succession of prestigious academic appointments. Yet as Adelman shows his readers, Hirschman’s interests were never confined to any one discipline, and his wide-ranging investigations led to works which often transcended disciplinary boundaries in the process of contributing to the intellectual discourse. Learn more about your ad choices. Visit megaphone.fm/adchoicesSupport our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics

How is India’s burgeoning IT industry reshaping the country? What types of capital is IT attracting and what formations does it take? How are software engineers managed? What are their goals and aspirations? How are they perceived by their foreign clients? In her new book, Reengineering India: Work, Capital, and Class in an Offshore Economy (Oxford University Press, 2016), Carol Upadhya tackles these questions and many more. Based on extensive research in Bangalore – the large southern Indian metropolis that has led the IT buzz – the book explores the way capital, work and class are remade within the “new India.” Combining deep, rich and detailed accounts of life within “software factories” with a theoretical eclecticism and clear writing style, the book is a truly wonderful anthropological account of an offshore economy. Carol Upadhya is Professor in the School of Social Sciences, National Institute of Advanced Studies (NIAS), Bengaluru, India. Learn more about your ad choices. Visit megaphone.fm/adchoicesSupport our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics

Marc Steinberg is a professor of sociology at Smith College. His latest book, England’s Great Transformation: Law, Labor, and the Industrial Revolution (University of Chicago Press, 2016) is a response to Karl Polyani’s vision of an emerging modern labor market in The Great Transformation. Steinberg complicates our understanding of changing power relations by examining how workers were contracted to their employers. The book is centered around three case studies of employers using draconian master-servant laws to control the labor force. Historically rigorous and sociologically imaginative, Steinberg’s analysis does true justice to the stories of his subjects. Learn more about your ad choices. Visit megaphone.fm/adchoicesSupport our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics

Christopher Faricy makes a return visit to New Books Network for Part II of a conversation about Welfare for the Wealthy: Parties, Social Spending, and Inequality in the United States (Cambridge University Press, 2016) and the ways in which the U.S. welfare state is configured to obscure its real beneficiaries. We’ll also talk with Prof. Faricy about what a Trump Presidency and unified Republican control of Congress might mean for tax policy, social spending, and inequality. Stephen Pimpare is Senior Lecturer in the Politics & Society Program and Faculty Fellow at the Carsey School of Public Policy at the University of New Hampshire. He is the author of The New Victorians (New Press, 2004), A People’s History of Poverty in America (New Press, 2008), winner of the Michael Harrington Award, and Ghettos, Tramps and Welfare Queens: Down and Out on the Silver Screen (Oxford, 2017). Learn more about your ad choices. Visit megaphone.fm/adchoicesSupport our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics

American social welfare programs are rife with fraud — but its not the kind of fraud most people think of. Daniel Hatcher, Professor of Law at the University of Baltimore, in The Poverty Industry: The Exploitation of America’s Most Vulnerable Citizens (NYU Press, 2016), shows us the ways in which for-profit corporations and state governments alike have generated revenues through the (sometimes legal, sometimes illegal) exploitation of the poorest and most vulnerable Americans. Stephen Pimpare is Senior Lecturer in the Politics & Society Program and Faculty Fellow at the Carsey School of Public Policy at the University of New Hampshire. He is the author of The New Victorians (New Press, 2004), A Peoples History of Poverty in America (New Press, 2008), winner of the Michael Harrington Award, and Ghettos, Tramps and Welfare Queens: Down and Out on the Silver Screen (Oxford, 2017). Learn more about your ad choices. Visit megaphone.fm/adchoicesSupport our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics

Ever since the accidental discovery of oil in Perm in 1929, the so-called “Second Baku” has been known to be an industrial hub as well as the home to a GULAG labor camp. In post-Soviet times, however, Perm has become a new cultural center on Russia’s map. In his book The Depths of Russia: Oil, Power, and Culture after Socialism (Cornell University Press, 2015), Douglas Rogers discusses the role which oil, the precious resource hidden in the depths of the Earth, played in Perm’s story. Conceptually innovative, this book invites the readers to think about the co-production of natural resources and culture and the role state and corporation structures play in this process. In the Perm region, the Lukoil company has been adept at the production of new cultural identity of Perm as a vibrant post-industrial capital, and became the lead sponsor of historical and cultural revival of the city through its high-profile corporate social responsibility work. Douglas argues that Lukoil’s cultural activities helped to recast the Soviet-era identity formation patterns and facilitated Perm’s regaining its cultural authenticity and belonging after the collapse of the Soviet Union. Olga Breininger is a PhD candidate in Slavic and Middle Eastern Studies at Harvard University.Her research interests include post-Soviet culture and geopolitics, with a special focus on Islam, nation-building, and energy politics. Olga is the author of the novel There Was No Adderall in the Soviet Union and columnist at Literatura.   Learn more about your ad choices. Visit megaphone.fm/adchoicesSupport our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics

For Breast Cancer Awareness Month, we hear from Patricia Strach, the author of Hiding Politics in Plain Sight: Cause Marketing, Corporate Influence, and Breast Cancer Policymaking (Oxford University Press, 2016). Strach holds a dual appointment in the Departments of Political Science and Public Administration at the University of Albany, State University of New York. Hiding Politics in Plain Sight examines the politics of market mechanisms–especially cause marketing–as a strategy for public policy change. Strach shows that market mechanisms, like corporate-sponsored walks or cause-marketing, shift issue definition away from the contentious processes in the political sphere to the market, where advertising campaigns portray complex issues along a single dimension with a straightforward solution: breast cancer research will discover a cure and Americans can support this by purchasing specially-marked products. This market competition privileges even more specialized actors with business connections. Learn more about your ad choices. Visit megaphone.fm/adchoicesSupport our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics

How do new policies move from one city or country to another, and is there something distinct about how those transfers work in our perpetually accelerating and ever-more interconnected world? Join us as Jamie Peck, Canada Research Chair in Urban & Regional Political Economy and Professor of Geography at the University of British Columbia, talks about his and Nik Theodore’s new book, Fast Policy: Experimental Statecraft at the Thresholds of Neoliberalism (University of Minnesota Press, 2015). Stephen Pimpare is Senior Lecturer in the Politics & Society Program and Faculty Fellow at the Carsey School of Public Policy at the University of New Hampshire. He is the author of The New Victorians (New Press, 2004), A People’s History of Poverty in America (New Press, 2008), winner of the Michael Harrington Award, and Ghettos, Tramps and Welfare Queens: Down and Out on the Silver Screen (Oxford, 2017). Learn more about your ad choices. Visit megaphone.fm/adchoicesSupport our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics