Who Makes Cents?: A History of Capitalism Podcast

Jessica Levy and Dylan Gottlieb
  • 4.9 (109)
  • HISTORY
  • UPDATED BIMONTHLY
Who Makes Cents?: A History of Capitalism Podcast

Who Makes Cents?: A History of Capitalism Podcast is a monthly program devoted to bringing you quality, engaging stories that explain how capitalism has changed over time. We interview historians and social and cultural critics about capitalism’s past, highlighting the political and economic changes that have created the present. Each episode gives voice to the people who have shaped capitalism – by making the rules or by breaking them, by creating economic structures or by resisting them.

  1. Andrew Kahrl on Inequality, Theft, and Taxation in Modern America

    NOV 5

    Andrew Kahrl on Inequality, Theft, and Taxation in Modern America

    Taxes. Is there anything Americans like to complain about more? This episode takes a deep dive into the U.S. tax system, paying particular attention to the property tax. Exploding a popular myth that purports Black Americans pay little to no taxes, historian Andrew Kahrl reveals how Black Americans have long paid more than their fair share of property taxes amid and after the rise of the Jim Crow fiscal order. Along the way, we also discuss the role property taxes play in local government, movements for equitable taxation, and the exploitative tax lien industry and its role in a massive government-sanctioned theft of Black land.

    51 min
  2. Andrew McKevitt on Gun Capitalism

    OCT 1

    Andrew McKevitt on Gun Capitalism

    450 million. According to our best estimates, that’s how many guns there are in the United States. To put that in perspective: if you gave a firearm to every single person in the nation—including babies and young children—you’d still have at least 100 million guns left over. Why did we amass such a large stockpile of guns? How did the US become an outlier among nations when it came to civilian gun ownership? On this month’s episode, Andrew McKevitt reveals the history of what he calls “gun capitalism” in the decades after World War II. He helps us see how the exploding firearms market was related to broader currents: from the rise of mass consumerism, to Cold War anti-communism, to grassroots social movements for consumer regulation. Is there any way to stem the seemingly limitless accumulation of guns in the United States? Take a listen and find out.

    49 min
  3. Rachel Gross on How the Outdoor Industry Sold Nature to America

    SEP 2

    Rachel Gross on How the Outdoor Industry Sold Nature to America

    In 2022 and 2023, an estimated 50 million Americans went camping. Many others participated in outdoor recreation activities ranging from mountain-climbing to sailing. According to the U.S. Department of Congress, in 2022, the outdoor recreation economy was worth $563.7 billion or 2.2 percent of GDP. In this episode, historian Rachel Gross takes us on an adventure through the outdoor industry’s rise, from Teddy Roosevelt's famous buckskin jacket to the ascendance of companies like Eddie Bauer and L.L. Bean, to the use of synthetic materials like GoreTex, and much much more. Along the way, we discuss an important question: Why is it that so many people’s first stop on the way to the woods is an outdoor store?

    42 min
  4. Margot Canaday on Queer Workers in Modern America

    AUG 1

    Margot Canaday on Queer Workers in Modern America

    In today's episode, Margot Canaday reveals the not-so-hidden history of LGBT workers in modern America. In the absence of state protections, she finds, some employers actually appreciated queer workers precisely because they were contingent, unattached, and exploitable. In many ways, that employment relationship augured the way all workers would come to be treated in the era of post-Fordism. And it would set the terms for queer peoples’ struggles for recognition and protections on the job in the closing decades of the twentieth century.

    51 min
  5. Elizabeth Ingleson on the Past and Present of Made in China

    JUL 1

    Elizabeth Ingleson on the Past and Present of Made in China

    Today, China is the U.S. third largest trading partner and second-largest source of imports. This wasn’t always the case. Indeed, in the 1970s, when the United States first began trading with communist China after several decades, few could have foreseen such a scenario. In this episode, guest Elizbeth Ingleson reveals the surprising story of how two Cold War foes found common cause in transforming China’s economy into a source of cheap labor. Along the way, we discuss some of the key policy decisions and Chinese and American actors, including U.S. business, that facilitated China’s convergence with the capitalist world.

    50 min
  6. Teresa Ghilarducci on the Past and Future of Retirement

    JUN 3

    Teresa Ghilarducci on the Past and Future of Retirement

    When we study capitalism, we usually focus on the active time in people’s lives: the moments where things like work, consumption, production, trade, accumulation, and exchange all happen. But Teresa Ghilarducci, the guest on this week’s episode, argues that capitalism also shapes what happens next, in that period after people’s working lives have come to an end. Teresa’s new book, Work, Retire, Repeat: The Uncertainty of Retirement in the New Economy tells the story of how retirement—just like work—has become much more precarious over the past several decades. It’s a story about politics, about demographics, about economics. How we pay for retirement, she reveals, tells us a lot about what we value in our society, and how that’s changed over time. And along the way, she offers us a few policy proposals that just might remedy the way we handle retirement today.

    44 min
  7. Cheryl Narumi Naruse on Singapore, Postcolonial Capitalism, and Becoming Global Asia

    MAY 5

    Cheryl Narumi Naruse on Singapore, Postcolonial Capitalism, and Becoming Global Asia

    In this month's episode, co-host Jessica Levy and guest Cheryl Narumi Naruse examine popular narratives surrounding Singapore's "miraculous" journey from Third to First world nation, currently ranked third in the world in terms of Gross Domestic Product per capita. The episode takes a particular look at the period leading up to and following the 1997 Asian financial crisis, during which this tiny island city-state underwent a massive rebranding campaign to transform its reputation from a culturally sterile and punitive nation to an alluring location for economic flourishing. Topics discussed include Singapore’s relationship with a core constituency of Global Asia, namely Overseas Singaporeans, genres of postcolonial capitalism, and much, much more.

    31 min
  8. Ben Waterhouse on the Dream and Reality of Self Employment

    APR 2

    Ben Waterhouse on the Dream and Reality of Self Employment

    One recent study found that 81% of businesses in the United States have zero employees. That is, they are run by sole proprietors, working for and by themselves, The ideal of self-employment has become dominant in our culture, too. More Americans than ever dream of becoming an entrepreneur, an independent owner, a founder. But for all of its prevalence in our economy and in our imaginations, the origins of this impulse are a bit hazy. When did so many of us begin to idolize self-employment? What might it reveal about broader shifts in the employment landscape in the 20th and 21st centuries? In his new book, One Day I'll Work for Myself: The Dream and Delusion That Conquered America, Ben Waterhouse answers precisely those questions. He explains how the rise of self-employment dates back to the economic transformations of the 1970s and intensified during the decades of precarity that followed. In our wide-ranging conversation, we touch on everything from franchise jurisprudence to the gig economy to the surprising story behind the Sam Adams beer company.

    40 min
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About

Who Makes Cents?: A History of Capitalism Podcast is a monthly program devoted to bringing you quality, engaging stories that explain how capitalism has changed over time. We interview historians and social and cultural critics about capitalism’s past, highlighting the political and economic changes that have created the present. Each episode gives voice to the people who have shaped capitalism – by making the rules or by breaking them, by creating economic structures or by resisting them.

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