New Books in Economic and Business History

Long ago, in 1985, personal computers came in two general categories: the friendly, childish game machine used for fun (exemplified by Atari and Commodore products); and the boring, beige adult box used for business (exemplified by products from IBM). The game machines became fascinating technical and artistic platforms that were of limited real-world utility. The IBM products were all utility, with little emphasis on aesthetics and no emphasis on fun. Into this bifurcated computing environment came the Commodore Amiga 1000. This personal computer featured a palette of 4,096 colors, unprecedented animation capabilities, four-channel stereo sound, the capacity to run multiple applications simultaneously, a graphical user interface, and powerful processing potential. It was, Jimmy Maher writes in The Future Was Here, the world's first true multimedia personal computer.

Maher argues that the Amiga's capacity to store and display color photographs, manipulate video (giving amateurs access to professional tools), and use recordings of real-world sound were the seeds of the digital media future: digital cameras, Photoshop, MP3 players, and even YouTube, Flickr, and the blogosphere. He examines different facets of the platform--from Deluxe Paint to AmigaOS to Cinemaware--in each chapter, creating a portrait of the platform and the communities of practice that surrounded it. Of course, Maher acknowledges, the Amiga was not perfect: the DOS component of the operating systems was clunky and ill-matched, for example, and crashes often accompanied multitasking attempts. And Commodore went bankrupt in 1994. But for a few years, the Amiga's technical qualities were harnessed by engineers, programmers, artists, and others to push back boundaries and transform the culture of computing.

Jimmy Maher is an independent scholar and writer living in Norway.

In her book, Networks of Faith and Profit: Monks, Merchants, and Exchanges Between China and Japan, 839-1403 CE (Cambridge UP, 2023), associate professor of history at City University of Hong Kong Yiwen Li studies the period when the tribute relationship between China and Japan was suspended. Although this official, diplomatic relationship ceased, Li reveals the related development of a vibrant religio-commercial network of Buddhist monks and merchants, who greatly facilitated both trade and Buddhist activity between China and Japan. Carefully analyzing a rich array of sources–both Chinese and Japanese–including Buddhist writings, letters, poems, legal records, archeological findings, and material culture, she recovers relationships vital to Sino-Japanese relations.

In this episode, Li shares how she first developed her research interests in Chinese and Japanese history. She then walks listeners through her book, considering major shifts in the network. She touches upon key figures and moments as monks shifted from practices and procedures developed during formal tribute missions to their collaborations with merchants, who helped transport them and material objects–both ritual and commercial–across the sea in exchange for access to their Buddhist networks and political connections. This network deepened over time, especially when Japanese authorities allowed Chinese merchants to permanently reside in Hakata, Japan, and they became important agents in the transmission of Zen Buddhism to Japan. Yiwen Li has crafted a solid, accessible history of maritime East Asia, shedding light on a private network that sustained Sino-Japanese commerce and religious exchange during a 600-year gap in formal tributary relations.

Laurie Dickmeyer is an Assistant Professor of History at Angelo State University, where she teaches courses in Asian and US history. Her research concerns nineteenth century US-China relations. She can be reached at [email protected].

Many of the hundreds of thousands of Syrians who immigrated to the US beginning in the 1870s worked as peddlers. Men were able to transgress Syrian norms related to marriage practices while they were traveling, while Syrian women accessed more economic autonomy though their participation in peddling networks. 

In Possible Histories: Arab Americans and the Queer Ecology of Peddling (U California Press, 2023), Charlotte Karem Albrecht explores this peddling economy of the late nineteenth and early twentieth centuries as a site for revealing how dominant ideas about sexuality are imbricated in Arab American racial histories. Karem Albrecht marshals a queer affective approach to community and family history to show how Syrian immigrant peddlers and their interdependent networks of labor and care appeared in interconnected discourses of modernity, sexuality, gender, class, and race. Possible Histories conceptualizes this profession, and its place in narratives of Arab American history, as a "queer ecology" of laboring practices, intimacies, and knowledge production. This book ultimately proposes a new understanding of the long arm of Arab American history that puts sexuality and gender at the heart of ways of navigating US racial systems.

Charlotte Karem Albrecht is Associate Professor of American Culture and Women's and Gender Studies at the University of Michigan, Ann Arbor, where she is also a core faculty member for the Arab and Muslim American Studies program. You can find her on Twitter: @ckaremalbrecht

Najwa Mayer is an interdisciplinary cultural scholar of race, gender, sexuality, and Islam in/and the United States, working at the intersections of politics, aesthetics, and critical theory. She is currently a Society of Fellows Postdoctoral Scholar at Boston University.

From facial recognition―capable of checking people into flights or identifying undocumented residents―to automated decision systems that inform who gets loans and who receives bail, each of us moves through a world determined by data-empowered algorithms. But these technologies didn’t just appear: they are part of a history that goes back centuries, from the census enshrined in the US Constitution to the birth of eugenics in Victorian Britain to the development of Google search.

In How Data Happened: A History from the Age of Reason to the Age of Algorithms (Norton, 2023), Chris Wiggins and Matthew L. Jones illuminate the ways in which data has long been used as a tool and a weapon in arguing for what is true, as well as a means of rearranging or defending power. They explore how data was created and curated, as well as how new mathematical and computational techniques developed to contend with that data serve to shape people, ideas, society, military operations, and economies. Although technology and mathematics are at its heart, the story of data ultimately concerns an unstable game among states, corporations, and people. How were new technical and scientific capabilities developed; who supported, advanced, or funded these capabilities or transitions; and how did they change who could do what, from what, and to whom?

Wiggins and Jones focus on these questions as they trace data’s historical arc, and look to the future. By understanding the trajectory of data―where it has been and where it might yet go―Wiggins and Jones argue that we can understand how to bend it to ends that we collectively choose, with intentionality and purpose.

Jake Chanenson is a computer science Ph.D. student at the University of Chicago. Broadly, Jake is interested in topics relating to HCI, privacy, and tech policy. Jake’s work has been published in top venues such as ACM’s CHI Conference on Human Factors in Computing Systems.

The legacy of the businessmen who built Hong Kong are all over the city. Bankers work in Chater House—named after Paul Chater, the Armenian businessman behind much of the city’s land reclamation (among many other things). The Kowloon Shangri-La Hotel sits along Mody Road, named after Hormusjee Naorojee Mody, a Parsi immigrant who helped found the University of Hong Kong. And that’s not including figures like Robert Hotung, the half-British, half-Chinese magnate who found more power in his Chinese identity.

The story of Hong Kong is more complicated than what the British or the Chinese might assert–countless migrants, from all over the world, came to Hong Kong to build the city and make their fortunes. Vaudine England’s Fortune's Bazaar: The Making of Hong Kong (Scribner, 2023) tells the stories of these communities of Armenians, Indians, Parsis, Portuguese, Eurasians, and others who sat between the Anglo-Saxons and the Chinese majority.

In this interview, Vaudine and I talk about Hong Kong’s story, the city’s early Wild West–or perhaps “Wild East” days—and the communities of men and women that built the city.

Vaudine England has been a journalist in Hong Kong and South East Asia for years. As a historian, she has focused on the diverse personalities and peoples that have gone into making Hong Kong a cosmopolitan Asian metropolis. She is the author of The Quest of Noel Croucher: Hong Kong’s Quiet Philanthropist (Hong Kong University Press: 1998) as well as several privately published works of Hong Kong history and biography.

You can find more reviews, excerpts, interviews, and essays at The Asian Review of Books, including its review of Fortune’s Bazaar. Follow on Twitter at @BookReviewsAsia.

Nicholas Gordon is an associate editor for a global magazine, and a reviewer for the Asian Review of Books. He can be found on Twitter at @nickrigordon.

Why do we always assume it was the New Right that was at the centre of constructing neoliberalism? How might corporatism have advanced neoliberalism? And, more controversially, were the trade unions only victims of neoliberal change, or did they play a more contradictory role? In How Labour Built Neoliberalism: Australia’s Accord, the Labour Movement and the Neoliberal Project (Haymarket 2019), Elizabeth Humphrys examines the role of the Labour Party and trade unions in constructing neoliberalism in Australia, and the implications of this for understanding neoliberalism's global advance. These questions are central to understanding the present condition of the labour movement and its prospects for the future.

Dr Elizabeth Humphrys is a political economist and the Head Of Discipline, Social And Political Sciences at University of Technology Sydney. She is interested in the impact of economic crisis and climate change on workers, and how workplaces can be made safer and more equitable. She takes a multidisciplinary approach, also drawing on sociology and history, to develop policy and strategies for social change.

Why are our lives filled with so much stuff? In Crap: A History of Cheap Stuff in America (U Chicago Press, 2023), Wendy Woloson, Professor and Chair in the Department of History at Rutgers University, tells the history of these objects and things, from the early years of peddlers through to modern gadgets, and everything in between. In telling this story the book tells a history of America itself, looking at the rise of consumerism, advertising, television, and corporate life, as well as tracking changes in morals, sentiments, humour, and personal habits. Packed with brilliant details, and sweeping in scope, the book will be widely read across the humanities and social sciences, as well as by anyone seeking to understand the modern world.

Dave O'Brien is Professor of Cultural and Creative Industries, at the University of Sheffield.

Since the late 1990s, activists have campaigned to remove "conflict diamonds" from jewelry shops and department stores. But if the problem of conflict diamonds--gems extracted from war zones--has only recently generated attention, it is not a new one. Nor are conflict diamonds an exception in an otherwise honest industry. The modern diamond business, Steven Press shows, owes its origins to imperial wars and has never escaped its legacy of exploitation.

In Blood and Diamonds: Germany's Imperial Ambitions in Africa (Harvard UP, 2021), Press traces the interaction of the mass-market diamond and German colonial domination in Africa. Starting in the 1880s, Germans hunted for diamonds in Southwest Africa. In the decades that followed, Germans waged brutal wars to control the territory, culminating in the genocide of the Herero and Nama peoples and the unearthing of vast mineral riches. Press follows the trail of the diamonds from the sands of the Namib Desert to government ministries and corporate boardrooms in Berlin and London and on to the retail counters of New York and Chicago. As Africans working in terrifying conditions extracted unprecedented supplies of diamonds, European cartels maintained the illusion that the stones were scarce, propelling the nascent US market for diamond engagement rings. Convinced by advertisers that diamonds were both valuable and romantically significant, American purchasers unwittingly funded German imperial ambitions into the era of the world wars.

Amid today's global frenzy of mass consumption, Press's history offers an unsettling reminder that cheap luxury often depends on an alliance between corporate power and state violence.

Jill Massino is a scholar of modern Eastern Europe with a focus on Romania, gender, and everyday life.

Is environmental degradation an inevitable result of economic development? Can ecosystems be restored once government officials and the public are committed to doing so? These questions are at the heart of Stevan Harrell's An Ecological History of Modern China (University of Washington Press, 2023), a comprehensive account of China's transformation since the founding of the People's Republic from the perspective not of the economy but of the biophysical world. Examples throughout illustrate how agricultural, industrial, and urban development have affected the resilience of China's ecosystems—their ability to withstand disturbances and additional growth—and what this means for the country's future.

Drawing on decades of research, Harrell demonstrates the local and global impacts of China's miraculous rise. In clear and accessible prose, An Ecological History of Modern China untangles the paradoxes of development and questions the possibility of a future that is both prosperous and sustainable. It is a critical resource for students, scholars, and general readers interested in environmental change, Chinese history, and sustainable development.

Stevan Harrell is professor emeritus of anthropology and environmental and forest sciences at the University of Washington. His many books include Ways of Being Ethnic in Southwest China. Twitter. Website.

Brian Hamilton is chair of the Department of History and Social Science at Deerfield Academy. Twitter. Website.

Immanuel Wallerstein's world-systems theory can help to better understand and describe developments of the 21st century. The contributors of Wallerstein 2.0: Thinking and Applying World-Systems Theory in the 21st Century (Transcript Publishing, 2023) address ways to reread Wallerstein's theoretical thoughts in the humanities and social sciences. The presented interdisciplinary approach of this anthology intends to highlight the broader value of Wallerstein's ideas, even almost five decades after the famous sociologist and economic historian first expressed them.

Frank Jacob is a professor of global history at Nord Universitet, Norway.

Caleb Zakarin is the Assistant Editor of the New Books Network.