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“What were the capitalists doing? And what were they doing in this international space?”
In this episode of Camericanist, we welcome Dr Elizabeth Ingleson to discuss her latest research into the economic crises of the 1970s, when 77 nations from the Global South advanced a vision for a New International Economic Order (NIEO).
Ingleson examines how US-based multinational corporations responded to this challenge, forming international networks and coalitions to defend their interests and promote an alternative vision of global capitalism.
“I call them anxious capitalists.”
By tracing the strategies, relationships and material practices of these self-proclaimed “corporate citizens,” her research reveals how corporations operated not only as economic institutions, but as political and social actors in the making of neoliberal globalisation.
About our guest
Dr Elizabeth Ingleson joins us this year as Assistant Professor of History of the United States since 1920 (US and the World) at the University of Cambridge.
At the London School of Economics, she was Associate Professor at the International History Department.
She is the author of Made in China: When US-China Interests Converged to Transform Global Trade (Harvard University Press, 2024).
Episode credits
Hosted by Megan Renoir (PhD 2026) and Shea Hendry (PhD 2026)
Produced and edited by Daisy Semmler (PhD 2030).
References and further reading
Hosted on Acast. See acast.com/privacy for more information.
Life before e-commerce can feel like a foreign country. For the ‘Chinamaxxing’ crowd, fresh meals and fancy gadgets delivered to your doorstep almost instantly, at astonishingly low prices, are among the country’s top draws. Yet these conveniences come with hidden costs, and China’s path to becoming an e-commerce giant has been far from certain.
How do digital platforms from Alibaba to Didi navigate shifting politics, and how have central and local governments responded to these ventures? Can internet-based businesses liberate and empower, or is the freedom to buy and sell ultimately a form of entrapment? For this episode, Yangyang spoke with business school professor Lizhi Liu and science and technology studies scholar Jack Linzhou Xing about the distinctive trajectories of China’s e-commerce giants, and the promises and pitfalls of the digital economy.
Public research helps create medicines while private firms develop, market, and price them. UnitedHealth’s growth heightens the urgency of the healthcare-financing debate.
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Subscribe to our Newsletter:
https://politicsdoneright.com/newsletter
Purchase our Books:
Jennifer, Çinla, and François are joined by Professor Maxime Desmarais-Tremblay from the University of Lorraine to discuss his work on the intersection of economic methodology and the history of economic thought. Topics include the genealogy of homo economicus, John Rawls's engagement with economic theory, and Richard Musgrave's work on the U.S. tax burden.
We would love to hear your feedback on this episode and other topics. Send us a message: [email protected].
Manufacturing and industrialization have long been the development strategy for many countries in Asia. But while the approach has spurred growth and lifted millions out of poverty, most jobs remain in the untraded services sector. In this podcast, Dani Rodrik says that making employment in traditional, domestic services like food, hospitality, and gig work more productive will lead to a more inclusive growth model. Rodrik is Professor of International Political Economy at Harvard Kennedy School and co-directs its Reimagining the Economy program.
Read the article in the IMF's Finance & Development magazine: IMF.org/fandd
Today's South Korean economy is a far cry from what Ha-Joon Chang was born into. But growing up, he witnessed the remarkable transformation of a largely agrarian society into an industrial powerhouse, albeit under a military dictatorship. In this podcast, the economist and best-selling author describes living through South Korea's "economic miracle" like riding a time machine.
Transcript: https://bit.ly/4gEDPfl
Read the article in Finance & Development: IMF.org/FANDD
Did you know that the Prophet Mohammed was a caravan trader? He helped arrange convoys of thousands of camels carrying valuable goods across the Arabian desert. And he put his commercial nous to good use. Not only did he found one of the world’s great religions, but also a model of free-market capitalism that Friedrich Hayek would have approved of. That is the claim of this week’s guest, the libertarian economist and author Benedikt Koehler. He tells hosts Robin Wigglesworth and Gillian Tett how Islamic commercial practices were, in his view, eventually copied by medieval Europeans to great effect.
Further reading:
Early Islam and the Birth of Capitalism (2014), by Benedikt Koehler
The Long Divergence: How Islamic Law Held Back the Middle East (2010), by Timur Kuran
Muhammad: Man and Prophet (1995), by Adil Salahi
Credits: Getty Images
Love listening to The Story of Money? Join Robin and Gillian on Saturday September 5 at Kenwood House Gardens in London, or online as the FT Weekend paper comes to life. Register now at ft.com/festival and enjoy 10% off with code FTPodcast.
To enjoy future episodes, be sure to subscribe to The Story of Money wherever you get your podcasts, also on the show's dedicated YouTube channel here: https://www.youtube.com/@FTTheStoryOfMoney
Hosts: Gillian Tett and Robin Wigglesworth
Producer: Laurence Knight
Executive producer: Manuela Saragosa
With additional help from: Saffeya Ahmed
Original music and sound design: Breen Turner
Broadcast engineers: Bianca Wakeman and Petros Gioumpasis
Podcast development: Laura Clarke
FT global head of audio: Flo Phillips
Video editors: Josh Divney and Kristen Kenyon at Podcast Discovery
Learn more at www.ft.com/tsom or get in touch at [email protected].
Read a transcript of this episode on FT.com
Hosted on Acast. See acast.com/privacy for more information.
Solar waits, patients suffer, and workers sit idle while corporations demand maximum extraction. This exposes the grand economic con behind “free markets.”
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Governments can make debt less visible, but they can't make it disappear. In this episode of All Things Policy, Kripa Koshy speaks with Sarthak Pradhan about off-budget borrowing - the incentives that drive it, its implications for public finances and democratic accountability. Drawing on examples from across India, they explore why these liabilities matter and discuss reforms that could bring hidden liabilities back into the public eye.
Read more: https://fincomindia.nic.in/asset/doc/commission-reports/16th-FC/studies/commission/A%20Study%20of%20Off-Budget%20Borrowings%20in%20India%20by%20WB.pdf
All Things Policy is a daily podcast on public policy brought to you by the Takshashila Institution, Bengaluru.Find out more on our research and other work here: https://takshashila.org.in/research-areas
Check out our public policy courses here: https://school.takshashila.org.in
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