New Books in Economic and Business History

Sociologist Juan Pablo Pardo-Guerra, a professor at University of California San Diego, talks about his book Automating Finance: Infrastructures, Engineers, and the Making of Electronic Markets with Peoples & Things host Lee Vinsel. The book traces the long, largely anonymous, and in some senses boring history of how experts applied computers to financial systems since the 1970s, creating a digital infrastructure of the trading world. The conversation also touches on Pardo-Guerra’s more recent work on how systems of quantitative metrics have been applied to the management of universities and what might be done about it.

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.

The election of Donald Trump in 2016 shocked and appalled a number of people, forcing a critical reevaluation of what was possible, and what we ought to be vigilant about. A debate soon emerged about whether Trump represented the possibility of fascism in the United States. This debate centered around the ways in which fascism has often presented itself; the rhetoric and aesthetics in particular, often at the expense of examining the underlying economic form. Against this tendency, Michael Joseph Roberto has emerged with a corrective, The Coming of the American Behemoth: The Origins of Fascism in the United States, 1920-1940 (Monthly Review Press, 2018), arguing that fascism is not composed of moral relics of the past but is a distinctly modern movement, tied inherently to the nature of capitalism.

Turning to the United States in the roaring 20’s and depressed 30’s, Roberto has several interlinked tasks. Primary to the book is reframing our understanding of fascism as a reaction against revolutionary working class politics. It is an attempt by the bourgeois to maintain order in society via use of the state or various cultural apparatuses such as advertising to maintain political discipline. The United States, being the most advanced capitalist country in the world, is not only not immune to this sort of movement, but is uniquely vulnerable, and that vulnerability has not gone away in our times. To argue this, Roberto not only examines Marx’s Capital, but a whole series of texts written in the period he’s examining to show that his conclusions are not terribly new; they’ve simply been forgotten. The result is a study that combines history, economics and cultural analysis to produce a much-needed corrective to our understanding of what fascism is and how we might fight it.

Michael Joseph Roberto is a retired history professor. He has also worked as a journalist and political activist in North Carolina. His writing has appeared in a number of places, including The Monthly Review and Socialism and Democracy.

Science and Technologies scholar Lilly Irani talks her book, Chasing Innovation: Making Entrepreneurial Citizens in Modern India, with Peoples & Things host Lee Vinsel. Irani’s work examines the ideological role that ideas of “innovation” and “entrepreneurship” have played in India and the people who are left behind by such visions. Irani and Vinsel also discuss her other work and activism focusing on the politics of the Bay Area in California, including organization against the digital technology industry.

Joe William Trotter, Jr., Giant Eagle University Professor of History and Founder and Director of the Center for Africanamerican Urban Studies and the Economy (CAUSE) at Carnegie Mellon University, talks about his book, Workers on Arrival: Black Labor in the Making of America (University of California Press, 2019), with Peoples & Things host, Lee Vinsel. Workers on Arrival examines the long history of the black urban working-class going back to the 18th century and coming right up to the present. While Trotter fully acknowledges the hardships African-Americans have faced, he also emphasizes the agency of black people as they organized, resisted, and found ways to cope in the contexts they found themselves. Trotter and Vinsel also discuss current trends in African-American historical scholarship and Trotter’s own present and future research projects.

The pandemic brought to the fore a group of workers deemed “essential” – frontline healthcare workers, restaurant employees, slaughterhouse workers, and the like – who often faced a difficult choice between risking their health to work or forgoing income that they couldn’t afford to do without. Often, they had to work even though they couldn’t afford health insurance – or health care themselves if they got sick, another sign of the inadequacy of our health care arrangements. How did the pandemic transform workers and work?

This week on International Horizons, Professor John Torpey talks to Jamie McCallum from sociology at Middlebury College about the shift in conditions for essential workers across the globe during the pandemic and how that affected the whole world's labor movement. McCallum discusses the variations of these effects in different regions and how exceptionally the US behaved during the pandemic in terms of labor protection. Finally, the author discusses whether labor unrest can be pushed for larger systemic change.

Patrick Chung, assistant professor of history at the University of Maryland, talks about his research on the rise of shipping and manufacturing in South Korea with Peoples & Things host Lee Vinsel. Along the way, Chung provides fascinating insights into the role that both the US Department of Defense and local South Korean actors played in globalization.

Daniel Armanios, associate professor of Engineering and Public Policy at Carnegie Mellon University, talks about his work on infrastructure and inequality with Peoples & Things host Lee Vinsel. Armanios’ recent work has focused on coming up with quantitative measures of how infrastructure relates to inequalities around race, gender, and class, both to address historical injustices and to inform future infrastructure construction. Armanios also talks about how he brings these topics into his teaching and his larger project around engineering and social justice.

Most people in developed countries think inequality is increasing. And most would also agree that in terms of the global poor, the last 20 years have seen vast improvements with hundreds of millions living much better lives than their parents. These are some of the themes Professor Mike Savage addresses in his book The Return of Inequality: Social change and the Weight of the Past (Harvard UP, 2021).

Owen Bennett-Jones is a freelance journalist and writer. A former BBC correspondent and presenter he has been a resident foreign correspondent in Bucharest, Geneva, Islamabad, Hanoi and Beirut. He is recently wrote a history of the Bhutto dynasty which was published by Yale University Press.

Sabrina Mittermeier's edited volume Fan Phenomena: Disney (Intellect Books, 2023) analyzes the fandom of Disney brands across a variety of media including film, television, novels, stage productions, and theme parks. It showcases fan engagement such as cosplay, fan art, and on social media, as well as the company’s reaction to it. Further, the volume deals with crucial issues—race and racism, the role of queerness, the impact of the COVID-19 pandemic, and the advent of the streaming service Disney+—within the Disney fandom and in Disney texts.

The authors come from a variety of disciplines including cultural and media studies, marketing and communications, cultural history, theater and performance studies, and more. In addition to interviews with fan practitioners, the essays feature both leading experts in fan and Disney studies alongside emerging voices in these fields. A vital new addition to the growing subdiscipline of fan studies, it will be popular with scholars of cultural studies, cultural history, and media studies.