New Books in Economic and Business History

Black Power, Inc.: Corporate America and the Rise of Multinational Empowerment Politics, (U Pennsylvania Press, 2026), traces the rise of Black empowerment politics in the United States and Africa. On a cold January day in 1964, civil rights minister turned entrepreneur Rev. Leon Howard Sullivan declared to a group of supporters gathered to witness the launch of Sullivan’s latest venture, Opportunities Industrialization Centers, Inc., “The day has come when we must do more than protest—we must now also PREPARE and PRODUCE!” Occasionally linked with the movement for Black Power, Sullivan and others, including Coca-Cola vice president Carl Ware and Atlanta mayor Andrew Young, were in fact architects of Black empowerment—an intellectual and political movement that championed private enterprise as the key to Black people’s prosperity.Jessica Ann Levy traces Black empowerment’s rise in American politics—from early twentieth-century influences including Booker T. Washington and Marcus Garvey to the cities of postwar America into corporate boardrooms and government offices—and across the Atlantic Ocean to Africa. Civil rights leaders, Black entrepreneurs, white corporate executives, and government officials all championed Black empowerment as a means to address multiple crises in US cities and to blunt some of the more radical aspects of the Black Power movement. Black empowerment politics likewise found application overseas in various Cold War efforts to promote American-style free enterprise in Africa. This was especially the case in South Africa, where US corporate executives and government officials wielded Black empowerment politics to oppose apartheid and divestment.By the early twenty-first century, the idea that private enterprise, including small-scale entrepreneurs and large multinational corporations, should play a leading role in combating racial inequality and empowering Black and other marginalized people featured prominently in various policies and programs at the local, national, and international level. By tracing Black empowerment politics’ evolution, Black Power, Inc. explains its popularity, championed by leaders from Bill Clinton to Nelson Mandela, while also revealing its role in expanding US corporate power, locally and globally.
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For decades, tree planting and forestry have been pivotal to Chinese environmentalism. During the Mao era, while forests were razed to fuel rapid increases in industrial production, the “Greening the Motherland” campaign promoted conservationist tree-planting nationwide. Contested Environmentalisms explores the seemingly contradictory rhetoric and desires of Chinese conservation from the early twentieth century through to the present.

Drawing on literary, cinematic, scientific, archival, and digital media sources, Cheng Li investigates the emergence, evolution, and devolution of Chinese conservationist ideas. Combining literary, historical, and environmental studies approaches, he shows that these ideas acquired their value and assumed their power precisely because of their malleability and adaptability. Li historicizes authoritarian environmentalism and probes the global-local dynamics underlying conservationist ideas that energize environmental impulses in China. Examining ethnic borderlands, the Beijing political center, and China's growth on the world stage, this book demonstrates the strength of Chinese environmentalism to adapt and survive through tumultuous change lies in what seems to be a weakness: its inconsistency and contestation.

Cheng Li is an Assistant Professor of Chinese Studies at Carnegie Mellon University, specializing in modern Chinese environmental literature, film, science fiction, and history. He is a literary scholar and a cultural historian. His research focuses on cultural history, ecocriticism, and infrastructure.

Yadong Li is an anthropologist-in-training. He is a PhD candidate of Socio-cultural Anthropology at Tulane University. More details about his scholarship and research interests can be found here.
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The story of ancient Rome is predominantly one of great men with great fortunes. Surviving Rome: The Economic Lives of the Ninety Percent (Princeton UP, 2025) unearths another history, one of ordinary Romans, who worked with their hands and survived through a combination of grit and grinding labor.

 Focusing on the working majority, Kim Bowes tells the stories of people like the tenant farmer Epimachus, Faustilla the moneylender, and the pimp Philokles. She reveals how the economic changes of the period created a set of bitter challenges and opportunistic hustles for everyone from farmers and craftspeople to day laborers and slaves. She finds working people producing a consumer revolution, making and buying all manner of goods from fine pottery to children’s toys. Many of the poorest working people probably pieced together a living from multiple sources of income, including wages. And she suggests that Romans’ most daunting challenge was the struggle to save. Like many modern people, saving enough to buy land or start a business was a slow, precarious slog. Bowes shows how these economies of survival were shared by a wide swath of the populace, blurring the lines between genders, ages, and legal status.Drawing on new archaeological and textual evidence, Surviving Rome presents a radical new perspective on the economy of ancient Rome while speaking to the challenges of today’s laborers and gig workers surviving in an unforgiving global world.

Kim Bowes is professor of archaeology and ancient history at the University of Pennsylvania. She is the author of Houses and Society in the Later Roman Empire and Private Worship, Public Values, and Religious Change in Late Antiquity.

Morteza Hajizadeh is a Ph.D. graduate in English from the University of Auckland in New Zealand. His research interests are Cultural Studies; Critical Theory; Environmental History; Medieval (Intellectual) History; Gothic Studies; 18th and 19th Century British Literature.

YouTube Channel: here
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An innovative approach in the field of material culture and consumption studies, Life in the Georgian Parsonage: Morals, Material Goods and the English Clergy (Bloomsbury, 2025) by Dr. Jon Stobart looks at the houses, consumption and lifestyle of Church of England clergy in the long 18th century, linking moral debates and popular representations of the clergy to the material culture of their houses and their motivations as consumers.By focusing on ethical and moral dimensions of consumer practices, it challenges established readings of consumption in the long 18th century as an essentially secular process in which goods were markers of wealth, status and taste, by bringing the clergyman into the frame – their lives, their habits and their homes.Cross-disciplinary in its approach, combining material culture and religious and social history and sitting at the intersection of these fields, Life in the Georgian Parsonage fills a significant gap, enhancing in important ways our knowledge of this group as a crucial but understudied set of 18th-century consumers, while also contributing to understanding the parish clergy of England in the context of 18th-century society and culture. Bringing together a wide range of source material – from probate inventories to personal account books, satirical prints to sermons, diaries to designs for parsonages – the author reconstructs the material lives and household arrangements of the Georgian clergy in glorious detail. Examining the parish clergy over this period of profound social and religious change through the lens of consumption, and consumption through the lives of these clergymen, has a transformative impact both on these areas of enquiry and on our understanding of English society in the 18th century.

This interview was conducted by Dr. Miranda Melcher whose book focuses on post-conflict military integration, understanding treaty negotiation and implementation in civil war contexts, with qualitative analysis of the Angolan and Mozambican civil wars. You can find Miranda’s interviews on New Books with Miranda Melcher, wherever you get your podcasts.
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Geoffrey Jones and Sabine Pitteloud present the latest research on the global history of multinationals and their impact on society and the environment. The Cambridge Companion to the History of Multinationals and Society (Cambridge UP, 2026) brings together leading international scholars, these essays survey key themes in our relationship with multinationals, from taxation and corruption to gender and the climate. Though often associated with large corporations like Apple or Nestlé, the contributors highlight the remarkable diversity in multinational strategies and organizational structures. They challenge the idea of an inescapable rise of multinationals by looking beyond the experience of Western countries and considering the effects of dramatic political shifts. Multinationals have often acted opportunistically, with their resilience carrying social costs through the exploitation of weak regulations, corrupt governments, inequalities, poor human rights, and environmental harm. This is an essential introduction to the historical role of multinationals for scholars and students as well as for policymakers and stakeholders navigating today's economic landscape.

Presented by Paula de la Cruz-Fernández.
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