New Books in Economic and Business History

In Building Stalinism: The Moscow Canal and the Creation of Soviet Space (I. B. Tauris, 2018), Cynthia Ruder explores how the building of the Moscow canal reflected the values of Stalinism and how it was used to create distinctly Soviet space, both real and imagined. She discusses the canal as a physical construct: an massive and important infrastructure project that would allow Moscow to have a steady supply of drinking water and create enough water pressure to allow for the construction of high rises, as well as a shipping channel that connected Moscow to the Volga and the Russian heartland and the rest of the world via the Baltic, White and Caspian seas, as well as the imagined spaces created, such as Moscow becoming “a port of five seas.” Ruder examines the Stalinist political system’s ability to tame and control water, bending it in service of socialism, and how these achievements were memorialized in art, song and literature. But she also explores the darker side of canal construction, the use of Gulag labor, the human cost it exacted and how this too was reflective of a Stalinist world-view. Building Stalinism provides an excellent look into the pervasive nature of Stalinism and its complex modern legacy..

Aleksander Pluskowski of the University of Reading joins Jana Byars to talk about his new book, The Teutonic Knights: Rise and Fall of a Religious Corporation, out 2024 with Reaktion Books. A gripping account of the rise and fall of the last great medieval military order. This book provides a concise and incisive introduction to the knights of the Teutonic Order, the last of the great military orders established in the twelfth century. 

The book traces the Order's evolution from a crusader field hospital into a major territorial ruler in northeastern Europe. Notably, the knights constructed distinctive fortified convents, including their headquarters in Western Christendom's largest castle. The narrative concludes with the Order's fifteenth-century decline due to the combined effects of a devastating war with Poland-Lithuania and the Protestant Reformation. The result is an accessible overview of this pivotal corporation in European history.

No animal is so entangled in human history as the horse. The thread starts in prehistory, with a slight, shy animal, hunted for food. Domesticating the horse allowed early humans to settle the vast Eurasian steppe; later, their horses enabled new forms of warfare, encouraged long-distance trade routes, and ended up acquiring deep cultural and religious significance. Over time, horses came to power mighty empires in Iran, Afghanistan, China, India, and, later, Russia. Genghis Khan and the thirteenth-century Mongols offer the most famous example, but from ancient Assyria and Persia, to the seventeenth-century Mughals, to the high noon of colonialism in the early twentieth century, horse breeding was indispensable to conquest and statecraft. 

In Raiders, Rulers, and Traders: The Horse and the Rise of Empires (Norton, 2024), scholar of Asian history David Chaffetz tells the story of how the horse made rulers, raiders, and traders interchangeable, providing a novel explanation for the turbulent history of the “Silk Road,” which might be better called the Horse Road.

We've heard and rehearsed the conventional wisdom about oil: that the U.S. military presence in the Persian Gulf is what guarantees access to this strategic resource; that the "special" relationship with Saudi Arabia is necessary to stabilize an otherwise volatile market; and that these assumptions in turn provide Washington enormous leverage over Europe and Asia.

That common sense is wrong. The author of America's Kingdom: Mythmaking on the Saudi Oil Frontier (Stanford University Press, 2007), Robert Vitalis returns to disenchant us once again—this time from "oilcraft," a line of magical thinking closer to witchcraft than statecraft. Contrary to the deeply-held beliefs of hawkish foreign policy experts and career academics alike, oil is a commodity like any other: bought, sold, and subject to market forces. The House of Saud does many things for U.S. investors, firms, and government agencies, but guaranteeing the flow of oil, making it cheap, or stabilizing the price isn't one of them. Nevertheless, persistent fears of oil scarcity and conflict continue to breed real consequences. Robert Vitalis, Oilcraft: The Myths of Scarcity and Security That Haunt U.S. Energy Policy (Stanford UP, 2020) presses us to reconsider, among many things, the U.S.-Saudi special relationship, which confuses and traps many into unnecessarily accepting what we imagine is a devil's bargain. Along the way, Vitalis resurrects a forgotten school of critics of empire—a reprisal of his task in White World Order, Black Power Politics: The Birth of American International Relations (Cornell University Press, 2017).

Freeing ourselves from the spell of oilcraft won't be easy. But the benefits of doing so, and the drawbacks of not, make it essential.

Peoples & Things host, Lee Vinsel, talks to Cyrus Mody, Professor in the History of Science, Technology, and Innovation and Director of the STS Program at Maastricht University, about his book, The Squares: US Physical and Engineering Scientists in the Long 1970s (MIT Press, 2022). Many narratives about contemporary technologies, especially digital computing and the Internet, focus on the influences of 1960s counter-cultures. In _The Squares_, Mody takes the opposite approach and asks how square, non-counter-cultural scientists and engineers reacted to their changing environments in the 1970s. Vinsel and Mody also talk about what this story may suggest about current efforts to refocus STEM education on “values.” The pair also discuss how, over the course of his career, Mody has continually used a set of historical actors he knows a great deal about to examine different historical themes and questions. Finally, they discuss Mody’s current projects and where he is headed.

This is part #3 of a the (ir)Rational Alaskans, a Cited Podcast mini-series that re-examines the legacy of the Exxon Valdez oil spill.

In the last episode of the (ir)Rational Alaskans, Riki Ott, Linden O’Toole, and thousands of other Alaskan fishers won over $5 billion in punitive damages against Exxon for the Exxon Valdez oil spill. In our finale, while Ott and O’Toole wait for their cheques, Exxon fights back with a legal and academic appeal. In that appeal, they marshal some of the most-respected scholars of our generation.

The (ir)Rational Alaskans is a partnership with Canada’s National Observer. You can also read about this story in Jacobin. For a full list of credits, and for the rest of the episodes, visit the series page.

Programming Note: This marks the end of our returning season, the Rationality Wars. We will back with another season shortly, sometime this fall. If you want to catch that season, make sure to stay subscribed to our podcast feed (Apple, Spotify, RSS). You can also stay updated by following us on X (@citedpodcast), and you can contact us directly at info [at] citedmedia.ca if you have any questions or any feedback. Finally, if you are impatient and just itching for more content, check out some of our other episodes, like: the other episodes in this season, if you joined up late; the episodes from last season, especially America's Chernobyl; or some of the highlights from our other podcast, Darts and Letters.

Since the mid-nineteenth century, public officials, reformers, journalists, and other elites have referred to “the labour question.” The labour question was rooted in the system of wage labour that spread throughout much of Europe and its colonies and produced contending classes as industrialization unfolded. Answers to the Labour Question explores how the liberal state responded to workers’ demands that employers recognize trade unions as their legitimate representatives in their struggle for compensation and control over the workplace.

In Answers to the Labour Question: Industrial Relations and the State in the Anglophone World, 1880–1945 (University of Toronto Press, 2024), Dr. Gary Mucciaroni examines five Anglophone nations – Australia, Canada, Great Britain, New Zealand, and the United States – whose differences are often overlooked in the literature on political economy, which lumps them together as liberal, “market-led” economies. Despite their many shared characteristics and common historical origins, these nations’ responses to the labour question diverged dramatically. Dr. Mucciaroni identifies the factors that explain why these nations developed such different industrial relations regimes and how the paths each nation took to the adoption of its regime reflected a different logic of institutional change. Drawing on newspaper accounts, parliamentary debates, and personal memoirs, among other sources, Answers to the Labour Question aims to understand the variety of state responses to industrial unrest and institutional change beyond the domain of industrial relations.

This interview was conducted by Dr. Miranda Melcher whose new 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.

In the early nineteenth century, as slavery gradually ended in the North, a village in New York State invented a new form of unfreedom: the profit-driven prison. Uniting incarceration and capitalism, the village of Auburn built a prison that enclosed industrial factories. There, "slaves of the state" were leased to private companies. The prisoners earned no wages, yet they manufactured furniture, animal harnesses, carpets, and combs, which consumers bought throughout the North. Then one young man challenged the system.

In Freeman’s Challenge: The Murder That Shook America’s Original Prison for Profit (U Chicago Press, 2024), Robin Bernstein tells the story of an Afro-Native teenager named William Freeman who was convicted of a horse theft he insisted he did not commit and sentenced to five years of hard labor in Auburn's prison. Incensed at being forced to work without pay, Freeman demanded wages. His challenge triggered violence: first against him, then by him. Freeman committed a murder that terrified and bewildered white America. And white America struck back--with aftereffects that reverberate into our lives today in the persistent myth of inherent Black criminality. William Freeman's unforgettable story reveals how the North invented prison for profit half a century before the Thirteenth Amendment outlawed slavery "except as a punishment for crime"--and how Frederick Douglass, Harriet Tubman, and other African Americans invented strategies of resilience and resistance in a city dominated by a citadel of unfreedom.

Through one Black man, his family, and his city, Bernstein tells an explosive, moving story about the entangled origins of prison for profit and anti-Black racism.

In The Enslaved and Their Enslavers: Power, Resistance, and Culture in South Carolina, 1670-1825 (U Pennsylvania Press, 2023), Edward Pearson offers a sweeping history of slavery in South Carolina, from British settlement in 1670 to the dawn of the Civil War. For enslaved peoples, the shape of their daily lives depended primarily on the particular environment in which they lived and worked, and Pearson examines three distinctive settings in the province: the extensive rice and indigo plantations of the coastal plain; the streets, workshops, and wharves of Charleston; and the farms and estates of the upcountry. In doing so, he provides a fine-grained analysis of how enslaved laborers interacted with their enslavers in the workplace and other locations where they encountered one another as plantation agriculture came to dominate the colony.

The Enslaved and Their Enslavers sets this portrait of early South Carolina against broader political events, economic developments, and social trends that also shaped the development of slavery in the region. For example, the outbreak of the American Revolution and the subsequent war against the British in the 1770s and early 1780s as well as the French and Haitian revolutions all had a profound impact on the institution’s development, both in terms of what enslaved people drew from these events and how their enslavers responded to them.

Throughout South Carolina’s long history, enslaved people never accepted their enslavement passively and regularly demonstrated their fundamental opposition to the institution by engaging in acts of resistance, which ranged from vandalism to arson to escape, and, on rare occasions, organizing collectively against their oppression. Their attempts to subvert the institution in which they were held captive not only resulted in slaveowners tightening formal and informal mechanisms of control but also generated new forms of thinking about race and slavery among whites that eventually mutated into pro-slavery ideology and the myth of southern exceptionalism.

Omari Averette-Phillips is a doctoral student in the Department of History at UC Davis. He can be reached at [email protected].

The problems that gave rise to the widespread desire to introduce a common currency were myriad. While trade was able to cope with-and even to benefit from-the parallel circulation of many different types of coin, it nevertheless harmed both the common people and the political authorities. The authorities in particular suffered from neighbours who used their comparatively good money as raw material to mint poor imitations. Debasing their own coinage provided an, at best, short-term solution. Over the medium and long term, it drove the members of the Empire into rounds of competitive debasements, until they realised that a common currency was the only answer that addressed the core of the problem.

In The Silver Empire: How Germany Created Its First Common Currency (Oxford University Press, 2024) Dr. Oliver Volckart examines the conditions that shaped the monetary outlook of the member states of the Empire, paying particular attention to the uneven access to silver and gold. Following closely the negotiations that prepared the common currency, he is able to illuminate the interest groups that were formed, what their agendas and ulterior motives were, how alliances were forged, and how it was eventually possible to obtain majority agreement on what a common currency should look like: a silver-based currency that was introduced in 1559-66.

In fact, in contrast to what historians once believed, the common currency they achieved turns out to have functioned not significantly worse than other currencies of the time: it had similar problems and similar advantages as the money issued by more centralised governments.

This interview was conducted by Dr. Miranda Melcher whose new 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.