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
  • Israel G. Solares, "Underground Leviathan: Corporate Sovereignty and Mining in the Americas" (U Nevada Press, 2024)

    Israel G. Solares, "Underground Leviathan: Corporate Sovereignty and Mining in the Americas" (U Nevada Press, 2024)
    Oct 5 2024
    Underground Leviathan: Corporate Sovereignty and Mining in the Americas (U Nevada Press, 2024) explores the emergence, dynamics, and lasting impacts of a mining firm, the United States Company. Through its exercise of sovereign power across the borders of North America in the early twentieth century, the transnational US Company shaped the business, environmental, political, and scientific landscape. Between its initial incorporation in Maine in 1906 and its final demise in the 1980s, the mining company held properties in Utah, Colorado, California, Nevada, Alaska, Mexico, and Canada. The firm was a prototypical management-ruled corporation, which strategically planned and manipulated the technological, production, economic, urban, environmental, political, and cultural activities wherever it operated, all while shaping social actors internationally, including managers, engineers, workers, neighbours, and farmers. In this study, he aims to unearth the hidden relationships between communities that transcend national states. Throughout the book, the author points out how modern corporations are run by a kaleidoscope of interests and groups, and many of the issues they face are relevant today. Israel García Solares was born and raised in the Xochimilco neighbourhood of Mexico City. I studied for an undergraduate and master's in economics at Mexico's National University (UNAM) and a PhD in History at El Colegio de México. García Solares is currently an Assistant Professor at the Institute for Research in Applied Mathematics and Systems at UNAM, and his research focuses on the global history of technological actors in the 20th century. Learn more about your ad choices. Visit megaphone.fm/adchoices
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    34 mins
  • Jeffrey Ding, "Technology and the Rise of Great Powers: How Diffusion Shapes Economic Competition" (Princeton UP, 2024)

    Jeffrey Ding, "Technology and the Rise of Great Powers: How Diffusion Shapes Economic Competition" (Princeton UP, 2024)
    Oct 5 2024
    When scholars and policymakers consider how technological advances affect the rise and fall of great powers, they draw on theories that center the moment of innovation—the eureka moment that sparks astonishing technological feats. In Technology and the Rise of Great Powers: How Diffusion Shapes Economic Competition (Princeton UP, 2024), Jeffrey Ding offers a different explanation of how technological revolutions affect competition among great powers. Rather than focusing on which state first introduced major innovations, he investigates why some states were more successful than others at adapting and embracing new technologies at scale. Drawing on historical case studies of past industrial revolutions as well as statistical analysis, Ding develops a theory that emphasizes institutional adaptations oriented around diffusing technological advances throughout the entire economy. Examining Britain’s rise to preeminence in the First Industrial Revolution, America and Germany’s overtaking of Britain in the Second Industrial Revolution, and Japan’s challenge to America’s technological dominance in the Third Industrial Revolution (also known as the “information revolution”), Ding illuminates the pathway by which these technological revolutions influenced the global distribution of power and explores the generalizability of his theory beyond the given set of great powers. His findings bear directly on current concerns about how emerging technologies such as AI could influence the US-China power balance. Our guest today is: Jeffrey Ding, an Assistant Professor of Political Science at Georgetown University. Our host is Eleonora Mattiacci, an Associate Professor of Political Science at Amherst College. She is the author of "Volatile States in International Politics" (Oxford University Press, 2023). Learn more about your ad choices. Visit megaphone.fm/adchoices
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    35 mins
  • Robert Rozett, "Conscripted Slaves: Hungarian Jewish Forced Laborers on the Eastern Front During the Second World War" (Yad Vashem, 2014)

    Robert Rozett, "Conscripted Slaves: Hungarian Jewish Forced Laborers on the Eastern Front During the Second World War" (Yad Vashem, 2014)
    Oct 4 2024
    From the spring of 1942 until the summer of 1944, some 45,000 Jewish men were forced to accompany Hungarian troops to the battle zone of the Soviet Union. Some 80% of the Jewish forced laborers never returned home. They fell prey to battle, starvation, disease, and grinding labor, aggravated immensely by brutality and even outright murder at the hands of the Hungarian soldiers responsible for them. Conscripted Slaves: Hungarian Jewish Forced Laborers on the Eastern Front During the Second World War (Yad Vashem, 2014) constitutes a unique and invaluable chapter in the mosaic of Holocaust history. The laborers’ personal accounts speak powerfully to every Jewish family that lived under Hungarian rule during the Holocaust years, because it is their own personal story, but it is not one to be kept in the family alone, since it is profoundly relevant to all people. Learn more about your ad choices. Visit megaphone.fm/adchoices
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    1 hr and 3 mins
  • Sean McMeekin, "To Overthrow the World: The Rise and Fall and Rise of Communism" (Basic Books, 2024)

    Sean McMeekin, "To Overthrow the World: The Rise and Fall and Rise of Communism" (Basic Books, 2024)
    Oct 4 2024
    When the USSR collapsed in 1991, the world was certain that Communism was dead. Today, three decades later, it is clear that it was not. While Russia may no longer be Communist, Communism and sympathy for Communist ideas have proliferated across the globe. In To Overthrow the World: The Rise and Fall and Rise of Communism (Basic Books, 2024), Sean McMeekin investigates the evolution of Communism from a seductive ideal of a classless society into the ruling doctrine of tyrannical regimes. Tracing Communism's ascent from theory to practice, McMeekin ranges from Karl Marx's writings to the rise and fall of the USSR under Stalin to Mao's rise to power in China to the acceleration of Communist or Communist-inspired policies around the world in the twenty-first century. McMeekin argues, however, that despite the endurance of Communism, it remains deeply unpopular as a political form. Where it has arisen, it has always arisen by force. Blending historical narrative with cutting-edge scholarship, To Overthrow the World revolutionizes our understanding of the evolution of Communism--an idea that seemingly cannot die. Learn more about your ad choices. Visit megaphone.fm/adchoices
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    56 mins
  • Mary Bridges, "Dollars and Dominion: US Bankers and the Making of a Superpower" (Princeton UP, 2024)

    Mary Bridges, "Dollars and Dominion: US Bankers and the Making of a Superpower" (Princeton UP, 2024)
    Oct 1 2024
    There was nothing inevitable or natural about the rise of US finance capitalism in the early twentieth century. In Dollars and Dominion: US Bankers and the Making of a Superpower, Mary Bridges shows how US foreign banking began as a side hustle of Gilded Age tycoons and evolved into a more staid, bureaucratized network for bolstering US influence overseas. The early waves of US bankers built a network of international branch banks that relied on the power of the US government, copied the example of British foreign bankers, and built new alliances with local elites. Overseas bank branches provided sites for experimentation in how to fuse US political will with local innovations and on-the-ground improvisation. In the process, branch bankers constructed a flexible and durable new infrastructure that supported the growth of US power abroad. Using details from ledger entries and other sources, Bridges shows how these branch bankers divided their local communities into groups of “us” and "them," either as potential clients or local populations. In doing so, they constructed a new architecture of US trade finance that relied on long-standing inequalities and hierarchies of privilege. Thus, ideas developed by wealthy white men became part of the enduring fabric of financial infrastructure. She also shows how bank branches could accommodate these hierarchies to make room for new ideas about serving local markets, in response to financial pressures of the 1920s and after the Great Depression cut off other avenues of growth. Bridges also tells the story of how US bankers created a market based on a new financial asset enabled by the Federal Reserve System called bankers' acceptance and began to collect vast amounts of foreign credit information. Related resources: Bankers and Empire: How Wall Street Colonized the Caribbean by Peter James Hudson Infrastructure Is Remaking Geopolitics: How Power Flows from the Systems That Connect the World by Mary Bridges Author recommended reading: Plastic Capitalism: Banks, Credit Cards, and the End of Financial Control by Sean H. Vanatta The War Below: Lithium, Copper, and the Global Battle to Power Our Lives by Ernest Scheyder Hosted by Meghan Cochran Learn more about your ad choices. Visit megaphone.fm/adchoices
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    1 hr