New Books in Economic and Business History

As European empires crumbled in the 20th century, the power structures that had dominated the world for centuries were up for renegotiation. Yet instead of a rebirth for democracy, what emerged was a silent coup – namely, the unstoppable rise of global corporate power.
Exposing the origins of this epic power grab as well as its present-day consequences, Silent Coup: How Corporations Overthrew Democracy (Bloomsbury, 2023) by Claire Provost & Matt Kennard is the result of two investigative journalist's reports from 30 countries around the world. It provides an explosive guide to the rise of a corporate empire that now dictates how resources are allocated, how territories are governed, and how justice is defined.
This interview was conducted by Dr. Miranda Melcher whose doctoral work focused on post-conflict military integration, understanding treaty negotiation and implementation in civil war contexts, with qualitative analysis of the Angolan and Mozambican civil wars.
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Are jobs fair? In The Accidental Equalizer: How Luck Determines Pay after College (U Chicago Press, 2023), Jessi Streib, an associate Professor of Sociology at Duke University, uncovers the remarkable story of the way luck shapes the hiring process for a key strata of business jobs in America. Offering a thesis that is initially counterintuitive but clearly argued, empirically grounded, and ultimately compelling, the book introduces the idea of ‘luckocracy’. ‘Luckocracy’ underpins the functioning of important parts of the graduate labour market, and equalises what would otherwise be significant class differences between college graduates. Rich with details, as well as offering a broad new perspective on education and the labour market, the book is essential reading across the social sciences, as well as for anyone interested in understanding work, fairness, and the importance of luck.
Dave O'Brien is Professor of Cultural and Creative Industries, at the University of Manchester.
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Not everything about wool is warm and fuzzy. Wool, for millennia the cold climate textile fiber, has a long relationship to war, both in terms of supporting it and causing it. Wool's strategic value in wartime, a position it gained over centuries, and contrived shortages of same in the 20th century, have helped drive consumers' transition to the synthetic fibers that have enabled fast fashion, and as both fiber and cloth are global contemporary pollutants.Fleeced: Unraveling the History of Wool and War (Bloomsbury, 2025) by Professor Trish FitzSimons & Madelyn Shaw argues that the 19th century advent of southern hemisphere large scale sheep pastoralism and northern hemisphere industrialization of the woolen textile industry allowed - at least in part - the huge armies of the 20th century to exist. World War I represented a fundamental shift in the scale of armies and the kind of wars they fought. Demand for wool to outfit the tens of millions of men and women involved in fighting the war or supporting those who did grew way beyond what could be accommodated by any nation's normal supply. The contrived wool shortages of this war had a lasting impact - nations subject to supply chain difficulties began the search for substitutes that led first to the semi-synthetic rayon, and ultimately to the plastic fibers such as polyester and acrylic that dominate today's world of fast fashion.

Each chapter of Fleeced begins with a surprising object, document or image that takes us into this fascinating and previously untold history. Change is not necessarily progress. Fleeced explains how competition for wool in wartime helped create our current unsustainable and environmentally disastrous reliance on petrochemical fibers.

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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Most development histories focus on large-scale projects and multi-year plans. But how would we understand development differently if we chose a different starting point? In Village Work: Development and Rural Statecraft in Twentieth-Century Ghana (Ohio UP, 2021), Alice Wiemers exchanges the center for the periphery. Writing outwards from Kpasenpke, a village in northern Ghana, Wiemers shows how the daily labor of rural people, local officials and family networks have all shaped a practice of rural statecraft centered on developmentalism. By insisting on the specificity of the hinterland and interchangeability of its so-called “developers”, Village Work proposes a new framework for approaching Ghana’s twentieth century.
Elisa Prosperetti is a Visiting Assistant Professor in African history at Mount Holyoke College. Her research focuses on the connected histories of education and development in postcolonial West Africa. Contact her at: www.elisaprosperetti.net.
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Making War Safe for Capitalism: The World Bank, IMF, and the Conflict in Ukraine (Bristol UP, 2025) by Dr. Elliot Dolan-Evans examines the impact of World Bank and International Monetary Fund (IMF) economic restructuring programmes during active conflicts.

Using a critical political economy perspective, the book explores how these restructuring efforts affect vulnerable communities’ survival amid violence. Chapters provide a detailed case study of Ukraine during the War in Donbas, analysing the controversial reforms in agriculture, gas and pension sectors. The resulting analysis offers valuable insights into how these reforms have influenced Ukraine’s political economy and the survival of conflict-affected populations since the 2022 Russian invasion.

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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