New Books in Economic and Business History

By: New Books Network
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  • Summary

  • Interviews with scholars of the economic and business history about their new books
    New Books Network
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Literary History & Criticism Art World Social Sciences Science
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Episodes
  • A Deep Dive on Karl Marx's "Capital"

    A Deep Dive on Karl Marx's "Capital"
    Oct 7 2024
    Over 150 years ago, Marx published the first volume of Capital, a systematic and voluminous account of capitalism, from the economic bedrock all the way up to the social and political consequences. The book itself would stand as one of the most influential and decisive texts of all time, proving to be a wildly fruitful foundation for further research into everything it touched, and also becoming a cornerstone text for various political movements that would try and develop the critical analysis into a workable theory of action and social transformation. Even after its 1867 publication, the text remained a fluid, dynamic object, with a 2nd edition being put out in Marx’s own lifetime and a 3rd and 4th edition being published posthumously under the stewardship of Friedrich Engels. These later editions would be the foundations for the first two translations of the text into English, first by Edward Aveling and Sam Moore in 1887, and then by Ben Fowkes in 1976. Now in 2024, we can add a third version of the text in English. Translated by Paul Reitter and edited by both Paul Reitter and Paul North, Marx has been given a fresh voice with a new edition of the text that includes a foreword by Wendy Brown and an afterword by William Clare Roberts. The introduction by Paul North helps situate the text in Marx’s larger output, showing how it was the culmination of an early political radicalization that took time to develop into a more systematic critique. Paul Reitter’s preface explains some of the difficulties of translating such a large and complex text, and will help readers appreciate the care Marx chose his words with. Substantial editorial endnotes will help contextualize obscure phrases and terms, helping readers keep up with the massive scope of Marx’s vision as he pulls information, inspiration and ideas from economics, philosophy, literature and history into a cohesive yet dynamic vision of what the ceaseless pursuit of value was doing to our world, and what might be done about it. For this interview, there are two parts. For the first hour, Paul Reitter and Paul North sat together and discussed the main ideas of the text, the various ways it tries to develop its critical perspective and its continued importance. For the second hour, Paul Reitter stayed to discuss some passages in detail, explaining the various choices made and roads not traveled, and how he tried to bring various aspects of Marx’s voice into English. Translation is at least as much an art as a science, one that demands hermeneutic sensitivity as much as a knowledge of which words correspond to which. Reitter is a humble practitioner of what is often thankless work and makes no claim to being the final word on how best to translate Marx, but his contribution will absolutely raise the bar and give readers who’ve never read Marx an excellent place to start, and will give those familiar with the text a chance to see it in new light. To borrow a phrase from Marx himself, this new translation is as royal a road to science as we could ask for. Paul Reitter is a professor of Germanic languages at Ohio State University. Paul North is the Maurice Natanson professor of Germanic languages and literature at Yale University. Learn more about your ad choices. Visit megaphone.fm/adchoices
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    2 hrs and 41 mins
  • Juan José Rivas Moreno, "The Capital Market of Manila and the Pacific Trade, 1668-1838" (Palgrave Macmillan, 2024)

    Juan José Rivas Moreno, "The Capital Market of Manila and the Pacific Trade, 1668-1838" (Palgrave Macmillan, 2024)
    Oct 7 2024
    Economic history has always emphasized the importance of long-distance trade in the emergence of modern financial markets, yet almost nothing is known about the Manila trade. The Capital Market of Manila and the Pacific Trade, 1668-1838 (Palgrave Macmillan, 2024) offers the first reconstruction of the capital market of Manila using new archival sources that have never been used in the economic history of Pacific trade. The book explains how trade between Asia and Spanish America across the Pacific, which lasted for 250 years (1571 – 1815) was financed from the city of Manila.The book analyses the political economy and institutional structures of the Manila capital market in the context of the global silver trade, as well as addressing key similarities and differences with European trade routes and differing approaches to colonialism and commerce in Asian waters. It traces how the Manila capital market emerged in a bottom-up process with a redistributive aspect that tied the interests of citizens with the fortunes of trade, using institutions familiar to the public like legacy funds, brotherhoods and lay religious orders to pool liquidity, originate working capital, and internalise the risk of loss at sea. It challenges the notion that there is a normative model for the development of capital markets and introduces an industrial organisation analysis to the broader structure of Early Modern trade in the Spanish Empire. Sitting at the intersection of economic and financial history, global history, imperial history and political economy, this book will be a cutting-edge and valuable resource for a broad range of scholars: This book is based on the dissertation entitled: AN ALTERNATIVE MODEL FOR EARLY MODERN LONG-DISTANCE TRADE FINANCE: THE CAPITAL MARKETS OF MANILA, 1680-1838, London School of Economics, University of London, 2023. Winner of the Coleman Prize, 2024. Juan Jose Rivas Moreno is currently a Max Weber Fellow at the European University Institute. He has previously held an Economic History Society Fellowship affiliated with University College London (UCL), and was the recipient of a short-term fellowship at the Newberry Library of Chicago to conduct archival research during his PhD. Learn more about your ad choices. Visit megaphone.fm/adchoices
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    53 mins
  • Bananapocalypse: Plantation Southeast Asia and Its Many Afterlives

    Bananapocalypse: Plantation Southeast Asia and Its Many Afterlives
    Oct 6 2024
    This episode focuses on a cluster of issues of longstanding significance in Southeast Asia and in Southeast Asian Studies – plantation agriculture, global commodity chains or supply chains, exploitation of labour and environmental degradation, and resistance. To discuss these issues, we are joined by Dr. Alyssa Paredes, an environmental and economic anthropologist who is an Assistant Professor in the Department of Anthropology at the University of Michigan. Dr. Paredes received her PhD in Anthropology (with distinction) from Yale University in 2020. Her work has been published in a variety of journals, including Antipode, Ethnos, Gastronomica, and the Journal of Political Ecology. She is a contributor to the edited volume Multispecies Justice and the Feral Atlas website, and she is co-editor of Halo-Halo Ecologies: The Emergent Environments Behind Filipino Food, forthcoming with the University of Hawai’i Press in April 2025. She is currently working on a book manuscript provisionally titled Bananapocalypse: Plantation Capitalism from Philippine Mindanao, which traces the afterlives of externalities in the making and unmaking of an industrial agricultural crop, drawing on approaches from such fields as anthropology, science and technology studies, human geography, and critical food studies. Learn more about your ad choices. Visit megaphone.fm/adchoices
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    46 mins

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