New Books in Economic and Business History New Books Network

China’s modern history has been marked by deep spatial inequalities between regions, between cities, and between rural and urban areas. Contemporary observers and historians alike have attributed these inequalities to distinct stages of China's political economy: the dualistic economy of semicolonialism, rural-urban divisions in the socialist period, and capital concentration in the reform era. In Pivot of China: Spatial Politics and Inequality in Modern Zhengzhou (Harvard UP, 2024), Mark Baker shows how different states across twentieth-century China shaped these inequalities in similar ways, concentrating resources in urban and core areas at the expense of rural and regional peripheries.
Pivot of China examines this dynamic through the city of Zhengzhou, one of the most dramatic success stories of China’s urbanization: a railroad boomtown of the early twentieth century, a key industrial center and provincial capital of Henan Province in the 1950s, and by the 2020s a “National Central City” of almost ten million people. However, due to the spatial politics of resource concentration, Zhengzhou’s twentieth-century growth as a regional city did not kickstart a wider economic takeoff in its hinterland. Instead, unequal spatial politics generated layers of inequality that China is still grappling with in the twenty-first century.
Huiying Chen is an Assistant Professor in History at Purdue University. She is interested in the circulation of people, goods, and ideas and how societies in history and today cope with the challenges wrought by increased travel in aspects of culture, politics, commerce, law, science, and technology.
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A new book reveals an incredible slice of Cuban-American history that’s been all but forgotten until now. Lisandro Perez‘s Sugar, Cigars and Revolution: The Making of Cuban New York (NYU Press, 2018) tells the story of a vibrant Cuban émigré community in 19th-century New York that ranged from wealthy sugar plantation owners investing their fortunes in New York real estate, to working-class Cubans rolling cigars in Lower Manhattan decades before the industry took hold in Tampa. Cubans in New York had their own businesses, newspapers, and clubs, and many were involved in the struggle to liberate Cuba from colonial Spain. Among those New York-based political activists was the great hero and poet Jose Marti, who lived most of his adult life here. In fact, says Perez, a professor at John Jay College of the City University of New York in the department of Latin American and Latino/Latina studies, New York was the most important city in the U.S. for Cubans until 1960, when of course Miami became the destination for Cubans fleeing communism.
This interview is part of an occasional series on the history of New York City sponsored by the Gotham Center at CUNY.
Beth Harpaz is the editor for the CUNY website SUM, which showcases books and research from the CUNY community. 
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Over the past 300 years, The Royal Society for the Encouragement of Arts, Manufactures and Commerce has tried to improve British life in every way imaginable. It has sought to influence education, commerce, music, art, architecture, communications, food, and every other corner of society. Arts and Minds: How the Royal Society of Arts Changed a Nation (Princeton University Press, 2020), written by the historian of innovation and the RSA’s resident historian Anton Howes, is the fascinating story of this unique institution.
Drawing on exclusive access to a wealth of rare papers and artifacts from the Society’s own archives, Howes shows how the Society of Arts has constantly reinvented itself to keep in step with changing times. The Society has served as a platform for Victorian utilitarian reformers, purchased and restored an entire village, encouraged the planting of more than sixty million trees, and sought technological alternatives to child labour. Arts and Minds reveals how a society of public-spirited individuals tried to make their country a better place, and draws vital lessons from their triumphs and failures for all would-be reformers today.
Matthew Jordan is a professor at McMaster University, where he teaches courses on AI and the history of science. You can follow him on Twitter @mattyj612 or his website matthewleejordan.com.
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The struggle against neoliberal order has gained momentum over the last five decades – to the point that economic elites have not only adapted to the Left's critiques but incorporated them for capitalist expansion. Venture funds expose their ties to slavery and pledge to invest in racial equity. Banks pitch microloans as a path to indigenous self-determination. Fair-trade brands narrate consumption as an act of feminist solidarity with women artisans in the global South. 
In Capitalist Humanitarianism (Duke UP, 2023), Lucia Hulsether examines these projects and the contexts of their emergence. Blending historical and ethnographic styles, and traversing intimate and global scales, Hulsether tracks how neoliberal self-critique creates new institutional hegemonies that, in turn, reproduce racial and neocolonial dispossession. From the archives of Christian fair traders to luxury social entrepreneurship conferences, from US finance offices to Guatemalan towns flooded with their loan products, from service economy desperation to the internal contradictions of social movements, Hulsether argues that capitalist humanitarian projects are fueled as much by a profit motive as by a hope that racial capitalism can redeem the losses that accumulate in its wake.
Lucia Hulsether is Assistant Professor of Religious Studies at Skidmore College.
This episode’s host, Jacob Barrett, is currently a PhD student in the Department of Religious Studies at the University of North Carolina at Chapel Hill in the Religion and Culture track. For more information, visit his website thereluctantamericanist.com
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Original and deeply researched, The Slow Death of Slavery in Dutch New York: A Cultural, Economic, and Demographic History, 1700-1827 (Cambridge University Press, 2024) provides a new interpretation of Dutch American slavery which challenges many of the traditional assumptions about slavery in New York. With an emphasis on demography and economics, Michael J. Douma shows that slavery in eighteenth-century New York was mostly rural, heavily Dutch, and generally profitable through the cultivation of wheat. Slavery in Dutch New York ultimately died a political death in the nineteenth century, while resistance from enslaved persons, and a gradual turn against slavery in society and in the courts, encouraged its destruction. This important study will reshape the historiography of slavery in the American North.
Michael J. Douma is Associate Research Professor and Director, Georgetown Institute for the Study of Markets and Ethics.
Caleb Zakarin is editor at the New Books Network.
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In Goliath: The 100-Year War Between Monopoly Power and Democracy (Simon & Schuster, 2019), Matt Stoller explains how authoritarianism and populism have returned to American politics for the first time in eighty years, as the outcome of the 2016 election shook our faith in democratic institutions. It has brought to the fore dangerous forces that many modern Americans never even knew existed. Today's bitter recriminations and panic represent more than just fear of the future, they reflect a basic confusion about what is happening and the historical backstory that brought us to this moment.
The true effects of populism, a shrinking middle class, and concentrated financial wealth are only just beginning to manifest themselves under the current administrations. The lessons of Stoller's study will only grow more relevant as time passes. "An engaging call to arms," (Kirkus Reviews) Stoller illustrates here in rich detail how we arrived at this tenuous moment, and the steps we must take to create a new democracy.
Matt Stoller is the Director of Research at the American Economic Liberties Project.
Caleb Zakarin is the Assistant Editor of the New Books Network (Twitter: @caleb_zakarin).
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