The central Gujarat region of western India is home to the entrepreneurial landowning Patel caste who have leveraged their rural dominance to become a powerful global diaspora of merchants, industrialists, and professionals. Investigating the Patels’ intriguing ascent, Vinay Gidwani analyzes its broad implications for the nature of labor and capital worldwide.
With the Patels as his central case, Gidwani interrogates established concepts of value, development, and the relationship between capital and history. Capitalism, he argues, is not a frame of economic organization based on the smooth, consistent operation of a series of laws, but rather an assemblage of contingent and interrupted logics stitched together into the appearance of a deus ex machina. Following this line of thinking, Gidwani points to ways in which political economy might be freed of its lingering Eurocentrism, raises questions about the adequacy of postcolonial studies’ critique of Marx and capitalism, and opens the possibility of situating capitalism as a geographically uneven social formation in which different normative or value-creating practices are imperfectly sutured together in ways that can equally impair and enable profit and accumulation.
Both theoretically astute and empirically informed, Capital, Interrupted unsettles encrusted understandings of staple concepts within the human sciences such as hegemony, governmentality, caste, and agency and, ultimately, does nothing less than rethink the very constitution of capitalism.
Vinay Gidwani is associate professor of geography and global studies at the University of Minnesota.
In the 1840s and 1850s, as the market revolution swept the United States, the world of literature confronted for the first time the gaudy glare of commercial culture. Amid growing technological sophistication and mounting artistic rejection of the soullessness of materialism, authorship passed from an era of patronage and entered the clamoring free market. In this setting, romantic notions of what it meant to be an author came under attack, and authors became professionals.
In lively and provocative writing, David Dowling moves beyond a study of the emotional toll that this crisis in self-definition had on writers to examine how three sets of authors—in pairings of men and women: Harriet Wilson and Henry David Thoreau, Fanny Fern and Walt Whitman, and Rebecca Harding Davis and Herman Melville—engaged with and transformed the book market. What were their critiques of the capitalism that was transforming the world around them? How did they respond to the changing marketplace that came to define their very success as authors? How was the role of women influenced by these conditions?
Capital Letters concludes with a fascinating and daring transhistorical comparison of how two superstar authors—Herman Melville in the nineteenth century and Stephen King today—have negotiated the shifty terrain of the literary marketplace. The result is an important contribution to our understanding of print culture and literary work.
The celebration of Washington D.C. basketball is long overdue. The D.C. metro area stands second to none in its contributions to the game. Countless figures who have had a significant impact on the sport over the years have roots in the region, including E.B. Henderson, the first African-American certified to teach public school physical education, and Earl Lloyd, the first African-American to take the court in an actual NBA game. The city's Spingarn High School produced two players – Elgin Baylor and Dave Bing – recognized among the NBA’s 50 greatest at the League’s 50th anniversary celebration. No other high school in the country can make that claim.These figures and many others are chronicled in this book, the first-ever comprehensive look at the great high school players, teams and coaches in the D.C. metropolitan area. Based on more than 150 interviews, The Capital of Basketball is first and foremost a book about basketball. But in discussing the trends and evolution of the game, McNamara also uncovers the turmoil in the lives of the players and area residents as they dealt with prejudice, educational inequities, politics, and the ways the area has changed through the years.
The advent of economic neoliberalism in the 1980s triggered a shift in the world economy. In the three decades following World War II, now considered a golden age of capitalism, economic growth was high and income inequality decreasing. But in the mid-1970s this social compact was broken as the world economy entered the stagflation crisis, following a decline in the profitability of capital. This crisis opened a new phase of stagnating growth and wages, and unemployment. Interest rates as well as dividend flows rose, and income inequality widened.
Economists Gérard Duménil and Dominique Lévy show that, despite free market platitudes, neoliberalism was a planned effort by financial interests against the postwar Keynesian compromise. The cluster of neoliberal policies--including privatization, liberalization of world trade, and reduction in state welfare benefits--is an expression of the power of finance in the world economy.
The sequence of events initiated by neoliberalism was not unprecedented. In the late nineteenth century, when economic conditions were similar to those of the 1970s, a structural crisis led to the first financial hegemony culminating in the speculative boom of the late 1920s. The authors argue persuasively for stabilizing the world economy before we run headlong into another economic disaster.
Listen to a short interview with Rawi AbdelalHost: Chris Gondek | Producer: Heron & Crane
The rise of global financial markets in the last decades of the twentieth century was premised on one fundamental idea: that capital ought to flow across country borders with minimal restriction and regulation. Freedom for capital movements became the new orthodoxy.
In an intellectual, legal, and political history of financial globalization, Rawi Abdelal shows that this was not always the case. Transactions routinely executed by bankers, managers, and investors during the 1990s--trading foreign stocks and bonds, borrowing in foreign currencies--had been illegal in many countries only decades, and sometimes just a year or two, earlier.
How and why did the world shift from an orthodoxy of free capital movements in 1914 to an orthodoxy of capital controls in 1944 and then back again by 1994? How have such standards of appropriate behavior been codified and transmitted internationally? Contrary to conventional accounts, Abdelal argues that neither the U.S. Treasury nor Wall Street bankers have preferred or promoted multilateral, liberal rules for global finance. Instead, European policy makers conceived and promoted the liberal rules that compose the international financial architecture. Whereas U.S. policy makers have tended to embrace unilateral, ad hoc globalization, French and European policy makers have promoted a rule-based, "managed" globalization. This contest over the character of globalization continues today.
The new chairman of President Reagan's Council of Economic Advisers, Martin Feldstein is also the leading economist in the field of tax analysis. In this important volume he shows how systems of taxation influence the rate and nature of capital formation—a key policy issue in the development of any economy.
The first part of Capital Taxation deals with the overall rate of saving and examines the effects of taxes on both personal and corporate saving as well as on the interaction between the two. The second section describes the effects of tax rules on household portfolios: selection and size of investment and the process of portfolio adjustment. In Part 3, Feldstein turns to corporate investment in plant and equipment and in inventories. Part 4 analyzes the impact of capital taxation in a growing economy. Feldstein's perceptive identification of important economic and policy questions, adroit use of modeling and new data sources, and careful attention to dynamics make this book a powerful addition to the economic literature.
The history of the modern social sciences can be seen as a series of attempts to confront the challenges of social disorder and revolution wrought by the international expansion of capitalist social relations. Alexander Anievas focuses on one particularly significant aspect of this story: the intersocietal or geosocial origins of the two world wars, and, more broadly, the confluence of factors behind the Thirty Years’ Crisis between 1914 and 1945.
Anievas presents the Thirty Years’ Crisis as a result of the development of global capitalism with all its destabilizing social and geopolitical consequences, particularly the intertwined and co-constitutive nature of imperial rivalries, social revolutions, and anti-colonial struggles. Building on the theory of uneven and combined development, he unites geopolitical and sociological explanations into a single framework, thereby circumventing the analytical stalemate between primacy of domestic politics and primacy of foreign policy approaches.
As Madison’s Capital Times marks its 100th anniversary in 2017, editors Dave Zweifel and John Nichols recall the remarkable history of a newspaper that served as the tribune of Robert M. La Follette and the progressive movement, earned the praise of Franklin Delano Roosevelt for its stalwart opposition to fascism, battled Joe McCarthy during the "Red Scare," championed civil rights, women’s rights, and LGBTQ rights, opposed the Vietnam War and the invasion of Iraq, and stood with Russ Feingold when he cast the only US Senate vote against the Patriot Act. The Capital Times did not do this from New York or Washington but from the middle of America, with a readership of farmers, factory workers, teachers, and shopkeepers who stood by The Cap Times when the newspaper was boycotted, investigated, and attacked for its determination.
At a point when journalism is under assault, when newspapers struggle to survive, and "old media" struggles to find its way in a digital age, The Capital Times remains unbowed—still living up to the description Lord Francis Williams, the British newspaper editor, wrote 50 years ago: "The vast majority of American papers are as dull as weed-covered ditch-water; vast Saharas of cheap advertising with occasional oases of editorial matter written to bring happiness to the Chamber of Commerce and pain and irritation to none; the bland leading the bland.… Just here and there are a few relics of the old fighting muckraking tradition of American journalism, like The Capital Times of Madison."
Between 1951 and 1962 nearly ten billion dollars in long-term capital (both direct investment and purchase of securities) flowed into Canada. This massive amount represented one third of all long-term capital moving among industrial nations. Its transfer marked the first time since before World War I that the world witnessed such a large-scale international movement of capital motivated primarily by a prospect of higher rates of return.
In Capital Transfers and Economic Policy the authors test the theory of the causes and effects of international capital movements against the evidence drawn from Canada's experience. They explore Canada's adjustment to capital flows and show how the operation of her economic policy is affected by the sensitivity of capital flows to the country's interest rates and foreign-exchange rate.
Their brilliant analysis is particularly valuable in light of current trends in capital flows among industrial nations and the June 1970 return of the Canadian dollar to a flexible exchange rate, which put the economy in a working situation similar to that of the fifties.
“A timely account of how the 1% holds on to their wealth…Ought to keep wealth managers awake at night.”
—Wall Street Journal
“Harrington advises governments seeking to address inequality to focus not only on the rich but also on the professionals who help them game the system.”
—Richard Cooper, Foreign Affairs
“An insight unlike any other into how wealth management works.”
—Felix Martin, New Statesman
“One of those rare books where you just have to stand back in awe and wonder at the author’s achievement…Harrington offers profound insights into the world of the professional people who dedicate their lives to meeting the perceived needs of the world’s ultra-wealthy.”
—Times Higher Education
How do the ultra-rich keep getting richer, despite taxes on income, capital gains, property, and inheritance? Capital without Borders tackles this tantalizing question through a groundbreaking multi-year investigation of the men and women who specialize in protecting the fortunes of the world’s richest people. Brooke Harrington followed the money to the eighteen most popular tax havens in the world, interviewing wealth managers to understand how they help their high-net-worth clients dodge taxes, creditors, and disgruntled heirs—all while staying just within the letter of the law. She even trained to become a wealth manager herself in her quest to penetrate the fascinating, shadowy world of the guardians of the one percent.
An Economist Book of the Year
A Financial Times Book of the Year
A Foreign Affairs Best Book of the Year
A Prospect Best Book of the Year
A ProMarket Book of the Year
An Omidyar Network “8 Storytellers Informing How We’ve been Reimagining Capitalism” Selection
“Brilliant…Poses all the important questions about our future.”
—Gordon Brown
“A scholar of inequality warns that while capitalism may have seen off rival economic systems, the survival of liberal democracies is anything but assured.”
—The Economist
We are all capitalists now. For the first time in human history, the world is dominated by one economic system. At some level capitalism has triumphed because it works: it delivers prosperity and gratifies our desire for autonomy. But this comes at a moral price, pushing us to treat material success as the ultimate goal, and offers no guarantee of stability. While Western liberal capitalism creaks under the strains of inequality and excess, some are flaunting the virtues of political capitalism, exemplified by China, which may be more efficient, but is also vulnerable to corruption and social unrest.
One of the outstanding economists of his generation, Branko Milanovic mines the data to tell his ambitious and compelling story. Capitalism gets a lot wrong, he argues, but also much right—and it isn’t going away anytime soon. Our task is to improve it in the hopes that a more equitable capitalism can take hold.
“Erudite, illuminating…Engaging to read…As a virtuoso economist, Milanovic is superb when he is compiling and assessing data.”
—Robert Kuttner, New York Review of Books
“Leaves little doubt that the social contract no longer holds. Whether you live in Beijing or New York, the time for renegotiation is approaching.”
—Edward Luce, Financial Times
Connolly describes how the evangelical-capitalist machine works, how its themes resound across class lines, and how it infiltrates numerous aspects of American life. Proposing changes in sensibility and strategy to challenge this machine, Connolly contends that the liberal distinction between secular public and religious private life must be reworked. Traditional notions of unity or solidarity must be translated into drives to forge provisional assemblages comprised of multiple constituencies and creeds. The left must also learn from the political right how power is infused into everyday institutions such as the media, schools, churches, consumption practices, corporations, and neighborhoods. Connolly explores the potential of a “tragic vision” to contest the current politics of existential resentment and political hubris, explores potential lines of connection between it and theistic faiths that break with the evangelical right, and charts the possibility of forging an “eco-egalitarian” economy. Capitalism and Christianity, American Style is William E. Connolly’s most urgent work to date.
With socialism in eclipse and market economies gaining acceptance worldwide, a new kind of ethics is needed to address social injustice and inequity. Richard C. Bayer debunks the present direction of mainstream social ethical theory by advancing market systems themselves as a means toward promoting justice and meeting human needs.
Observing that the primary vehicle for Christian ethics since the New Deal has been the welfare state, Bayer argues instead that market systems can provide a basis for reconciling capitalism and Christianity in both theory and practice. He proposes Christian personalism as an ethical approach that emphasizes the dignity of the human person and promotes the achievement of personal development through participation in a modified market economy.
Bayer's work draws on Catholic social thought and orthodox economics, adopting a post-Keynesian approach that deemphasizes the role of the state in the achievement of economic justice. As an example of a personalist economic reform agenda, he describes a "share economy" that advances solidarity among workers, promises greater economic efficiency, and increases employee participation in profit-sharing and decision-making.
Capitalism and Christianity integrates moral arguments with economic analysis to challenge prevailing thought in contemporary Christian social ethics. By incorporating key insights of liberalism while providing constructive criticism of that perspective, it creatively addresses both personal development and the common good.
From the 1960s to the 1990s the ground-breaking Japanese economists Kozo Uno and Thomas Sekine developed a masterful reconfiguration of Marxist economics. The most well-known aspect of which is the levels of analysis approach to the study of capitalism.
Written in Japanese, the Uno-Sekine approach to Marx's work is little understood in West. John Bell seeks to correct this, explaining how problematic elements of Marxian Political Economy such as the law of value and the law of relative surplus population can be solved by using a more rigorous dialectical analysis.
Bell's clear and accessible synthesis provides economists with the tools to interrogate capitalism in a more powerful way than ever before.
The relationship between religion and modern culture remains a controversial issue within Christian theology. This book focuses on Paul Tillich's interpretation of modern culture and the influence of capitalism, highlighting the context of his work in relation to Karl Marx and the Critical Theory of the Frankfurt School. When Tillich moved to the United States he sharpened his focus on the cultural dimensions of capitalism. Using the concept of "cultural modernity," Francis Ching-Wah Yip reconstructs Tillich's interpretation of modernity with the key categories of autonomy, self-sufficient finitude, technical reason, objectification, and dehumanization, and shows that Tillich's notion of theonomy served to underscore the problems of modernity and to develop a response.
The final section of the book relates Tillich's theology to contemporary theological interpretations of global capitalism and modernity. Yip appeals to the work of Jürgen Moltmann to argue that one should go beyond Tillich's analysis by placing much more emphasis on the material-economic basis of culture and by moving away from the Eurocentric viewpoint to a more global perspective. Finally, he draws on Émile Durkheim to show the quasi-religious dimension of capitalism as a global civil religion and as the culture of modern society.
Using Marx as a touchstone, Timothy W. Luke warns that if communities are not to be overwhelmed by new class economic and political agendas, then the practice of democracy must be reconstituted on a more populist basis. However, the galvanizing force for this new, more community-centered populism will not be the proletariat, as Marx predicted, nor contemporary militant patriotic groups. Rather, Luke argues that many groups unified by a concern for ecological justice present the strongest potential opposition to capitalism.
Wide-ranging and lucid, Capitalism, Democracy, and Ecology is essential reading in the age of information.
More than 630 million Chinese have escaped poverty since the 1980s, reducing the fraction remaining from 82 to 10 percent of the population. This astonishing decline in poverty, the largest in history, coincided with the rapid growth of a private enterprise economy. Yet private enterprise in China emerged in spite of impediments set up by the Chinese government. How did private enterprise overcome these initial obstacles to become the engine of China’s economic miracle? Where did capitalism come from?
Studying over 700 manufacturing firms in the Yangzi region, Victor Nee and Sonja Opper argue that China’s private enterprise economy bubbled up from below. Through trial and error, entrepreneurs devised institutional innovations that enabled them to decouple from the established economic order to start up and grow small, private manufacturing firms. Barriers to entry motivated them to build their own networks of suppliers and distributors, and to develop competitive advantage in self-organized industrial clusters. Close-knit groups of like-minded people participated in the emergence of private enterprise by offering financing and establishing reliable business norms.
This rapidly growing private enterprise economy diffused throughout the coastal regions of China and, passing through a series of tipping points, eroded the market share of state-owned firms. Only after this fledgling economy emerged as a dynamic engine of economic growth, wealth creation, and manufacturing jobs did the political elite legitimize it as a way to jump-start China’s market society. Today, this private enterprise economy is one of the greatest success stories in the history of capitalism.
Based on reporting by journalists, writers, and documentary filmmakers since 2001, each of the essays collected here covers a particular dimension of contemporary Cuban society, revealing what it is like to have lived, for more than a decade, suspended between communism and capitalism. There are pieces on hip hop musicians, fiction writing and censorship, the state of ballet and the performing arts, and the role of computers and the Internet. Other essays address the shrinking yet still sizeable numbers of true believers in the promise of socialist revolution, the legendary cigar industry, the changing state of religion, the significance of the recent influx of money and people from Spain, and the tensions between recent Cuban emigrants and previous generations of exiles. Including more than seventy striking documentary photographs of Cuba’s people, countryside, and city streets, this richly illustrated collection offers keen, even-handed insights into the abundant ironies of life in Cuba today.
Contributors. Juliana Barbassa, Ana Campoy, Mimi Chakarova, Lydia Chávez, John Coté, Julian Foley, Angel González, Megan Lardner, Ezequiel Minaya, Daniela Mohor, Archana Pyati, Alicia Roca, Olga R. Rodríguez, Bret Sigler, Annelise Wunderlich
In the troubled days before the American Civil War, both Northern protectionists and Southern free trade economists saw political economy as the key to understanding the natural laws on which every republican political order should be based. They believed that individual freedom was one such law of nature and that this freedom required a market economy in which citizens could freely pursue their particular economic interests and goals.
But Northern and Southern thinkers alike feared that the pursuit of wealth in a market economy might lead to the replacement of the independent producer by the wage laborer. A worker without property is a potential rebel, and so the freedom and commerce that give birth to such a worker would seem to be incompatible with preserving the content citizenry necessary for a stable, republican political order.
Around the resolution of this dilemma revolved the great debate on the desirability of slavery in this country. Northern protectionists argued that independent labor must be protected at the same time that capitalist development is encouraged. Southern free trade economists answered that the formation of a propertyless class is inevitable; to keep the nation from anarchy and rebellion, slavery—justified by racism—must be preserved at any cost.
Battles of the economists such as these left little room for political compromise between North and South as the antebellum United States confronted the corrosive effects of capitalist development. And slavery's retardant effect on the Southern economy ultimately created a rift within the South between those who sought to make slavery more like capitalism and those who sought to make capitalism more like slavery.
Most scholarship on nineteenth-century America’s transformation into a market society has focused on consumption, romanticized visions of workers, and analysis of firms and factories. Building on but moving past these studies, Capitalism Takes Command presents a history of family farming, general incorporation laws, mortgage payments, inheritance practices, office systems, and risk management—an inventory of the means by which capitalism became America’s new revolutionary tradition.
A skillful and fascinating retelling of the often testy relationship between J. P. Morgan and Roger Fry, two men who did more to establish the preeminence of the Metropolitan Museum of Art than any collector and curator before or since.
Shortly after the turn of the twentieth century, the Metropolitan Museum of Art began an ambitious program of collection building and physical expansion that transformed it into one of the world’s foremost museums, an eminence that it has maintained ever since. Two men of singular qualities and accomplishments played key roles in the Met’s transformation—J. P. Morgan, America’s leading financier and a prominent art collector, and Roger Fry, the headstrong English expert in art history who served as the Met’s curator of painting. Their complicated, often contentious relationship embodies and illuminates the myriad tensions between commerce and art, philanthropists and professional staff, that a great museum must negotiate to define and fulfill its mission.
In this masterful, multidisciplinary narrative, Charles Molesworth offers the first in-depth look at how Morgan and Fry helped to mold the cultural legacy of masterpieces of painting and the development of the “encyclopedic” museum. Structuring the book as a joint biography, Molesworth describes how Morgan used his vast wealth to bring European art to an American citizenry, while Fry brought high standards of art history from the world of connoisseurs to a general public. Their clashes over the purpose and functions of the Met, which ultimately led to Fry’s ouster, reveal the forces—personal and societal—that helped to shape the Metropolitan Museum and other major American cultural institutions during the twentieth century.
Pigs are everywhere in United States history. They cleared frontiers and built cities (notably Cincinnati, once known as Porkopolis), served as an early form of welfare, and were at the center of two nineteenth-century “pig wars.” American pork fed the hemisphere; lard literally greased the wheels of capitalism.
J. L. Anderson has written an ambitious history of pigs and pig products from the Columbian exchange to the present, emphasizing critical stories of production, consumption, and waste in American history. He examines different cultural assumptions about pigs to provide a window into the nation’s regional, racial, and class fault lines, and maps where pigs are (and are not) to reveal a deep history of the American landscape. A contribution to American history, food studies, agricultural history, and animal studies, Capitalist Pigs is an accessible, deeply researched, and often surprising portrait of one of the planet’s most consequential interspecies relationships.
The Great Recession of 2008 restored John Maynard Keynes to prominence. After decades when the Keynesian revolution seemed to have been forgotten, the great British theorist was suddenly everywhere. The New York Times asked, “What would Keynes have done?” The Financial Times wrote of “the undeniable shift to Keynes.” Le Monde pronounced the economic collapse Keynes’s “revenge.” Two years later, following bank bailouts and Tea Party fundamentalism, Keynesian principles once again seemed misguided or irrelevant to a public focused on ballooning budget deficits. In this readable account, Backhouse and Bateman elaborate the misinformation and caricature that have led to Keynes’s repeated resurrection and interment since his death in 1946.
Keynes’s engagement with social and moral philosophy and his membership in the Bloomsbury Group of artists and writers helped to shape his manner of theorizing. Though trained as a mathematician, he designed models based on how specific kinds of people (such as investors and consumers) actually behave—an approach that runs counter to the idealized agents favored by economists at the end of the century.
Keynes wanted to create a revolution in the way the world thought about economic problems, but he was more open-minded about capitalism than is commonly believed. He saw capitalism as essential to a society’s well-being but also morally flawed, and he sought a corrective for its main defect: the failure to stabilize investment. Keynes’s nuanced views, the authors suggest, offer an alternative to the polarized rhetoric often evoked by the word “capitalism” in today’s political debates.
Drawing on the work of the classical-Marxian economists and their modern successors, Capitalists, Workers, and Fiscal Policy sets forth a new model of economic growth and distribution, and applies it to two major policy issues: public debt and social security.
The book homes in specifically on the problem of fiscal policy, examining the ways that taxation and government spending affect the distribution of wealth and income as well as the rate of economic growth. Thomas Michl’s model shows that public debt has a regressive effect on wealth distribution. It also demonstrates that the accumulation of wealth by public authorities, for example, in the form of a pension reserve such as the U.S. social security trust fund, can have a progressive effect on wealth distribution, both directly (since it represents ownership by the citizenry) and indirectly through its general equilibrium effects on the structure of accumulation. The book’s findings provide an analytical foundation for a macroeconomic policy of using fiscal surpluses to accumulate a public pension reserve fund that serves to effect a progressive redistribution of wealth.
In the context of the recent financial crisis, the extent to which the U.S. economy has become dependent on financial activities has been made abundantly clear. In Capitalizing on Crisis, Greta Krippner traces the longer-term historical evolution that made the rise of finance possible, arguing that this development rested on a broader transformation of the U.S. economy than is suggested by the current preoccupation with financial speculation.
Krippner argues that state policies that created conditions conducive to financialization allowed the state to avoid a series of economic, social, and political dilemmas that confronted policymakers as postwar prosperity stalled beginning in the late 1960s and 1970s. In this regard, the financialization of the economy was not a deliberate outcome sought by policymakers, but rather an inadvertent result of the state’s attempts to solve other problems. The book focuses on deregulation of financial markets during the 1970s and 1980s, encouragement of foreign capital into the U.S. economy in the context of large fiscal imbalances in the early 1980s, and changes in monetary policy following the shift to high interest rates in 1979.
Exhaustively researched, the book brings extensive new empirical evidence to bear on debates regarding recent developments in financial markets and the broader turn to the market that has characterized U.S. society over the last several decades.
What would you do if, the very day you were hired, you knew you could be unemployed in as little as two years? You'd seek opportunities in your current job to develop a portfolio of skills and contacts in order to make yourself more attractive to future employers. Representatives and senators think about their jobs in Congress in this way, according to Glenn R. Parker.
While in office, members of Congress plan not merely for the next election but for the next stage of their careers. By networking, serving on committees, and championing particular legislation, they deliberately accumulate human capital---expertise, networks, and reputation---which later will give them bargaining power in the job market. Parker's study of the postelective careers of more than 200 former members of Congress, both U.S. representatives and senators, who have left office during the last half century shows that such strategic planning generally succeeds. In most cases, the human capital these politicians amassed while in office increased their occupational mobility and earning power.
Capitol Investments offers a sophisticated yet accessible analysis of the acquisition and marketability of political skills. It suggests that an awareness of the trade in human capital shapes an officeholder's actions as much as the desire to win another election.
Glenn R. Parker is Distinguished Professor in the Department of Political Science at Purdue University.
The job seems simple enough: Reporter Lee Hershey needs protection for a couple of weeks as he pursues the biggest story of his career with all eyes on swing state Ohio in the midst of a presidential election. Columbus private eye Andy Hayes, broke as usual, doesn’t have much choice but to sign on, even with his girlfriend falling for the charming journalist.
Then murder strikes at the Statehouse and Andy finds himself partly responsible for the death. With an innocent man behind bars, a mysterious vehicle following Andy around the city, and more lives in danger, the detective has his hands full trying to solve a killing in a poisonous political environment where everyone has a motive for murder and anyone could be the next target.
Along with bar rooms and bordellos, there has hardly been a more male-focused institution in Texas history than the Texas Legislature. Yet the eighty-six women who have served there have made a mark on the institution through the legislation they have passed, much of which addresses their concerns as citizens who have been inadequately represented by male lawmakers.
This first complete record of the women of the Texas Legislature places such well-known figures as Kay Bailey Hutchison, Sissy Farenthold, Barbara Jordan, Irma Rangel, Eddie Bernice Johnson, Susan Combs, and Judith Zaffirini in the context of their times and among the women and men with whom they served. Drawing on years of primary research and interviews, Nancy Baker Jones and Ruthe Winegarten offer concise biographies and profiles of all eighty-six women who have served or currently hold office in the Texas Legislature.
The biographies describe the women lawmakers' lives, campaign strategies, and legislative successes and defeats. Four introductory essays provide historical and cultural context for the biographies, which are arranged chronologically to give a sense of the passage of time, of relationships among and between women, and of the issues of their eras.
Nationalist superheroes—such as Captain America, Captain Canuck, and Union Jack—often signify the “nation-state” for readers, but how do these characters and comic books address issues of multiculturalism and geopolitical order? In his engaging book Captain America and the Nationalist Superhero, geographer Jason Dittmer traces the evolution of the comic book genre as it adapted to new national audiences. He argues that these iconic superheroes contribute to our contemporary understandings of national identity, the righteous use of power, and the role of the United States, Canada, and Britain in the world.
Tracing the nationalist superhero genre from its World War II origins to contemporary manifestations throughout the world, Captain America and the Nationalist Superhero analyzes nearly one thousand comic books and audience responses to those books. Dittmer also interviews key comic book writers from Stan Lee and J. M. DeMatteis to Steve Englehart and Paul Cornell.
At a time when popular culture is saturated with superheroes and their exploits, Captain America and the Nationalist Superhero highlights the unique relationship between popular culture and international relations.
Early in 1885 Americans learned that General Grant was writing his Memoirs in a desperate race for time against an incurable cancer. Not generally known was the General’s precarious personal finances, made so by imprudent investments, and his gallant effort to provide for his family by his writing. For six months newspaper readers followed the dramatic contest, and the hearts of Americans were touched by the General’s last battle.
Grant’s last year was one of both personal and literary triumph in the midst of tragedy, as Thomas M. Pitkin shows in this memorable and inspiring book. The Memoirs was completed; its remarkable literary quality made ita triumph. Ultimately more than 300,000sets of the two-volume work were sold. And Grant accepted the inevitable with quiet courage, and faded away in a manner sadly familiar to many American families.
Though told without maudlin touches, the story of Grant’s last year will leave few readers emotionally uninvolved, for itis an account of pain and suffering as well as mighty deeds, and truly deserves to be considered the General’s final victory.
The legends that die hardest are those of the romantic outlaw, and those of swashbuckling pirates are surely among the most durable. Swift ships, snug inns, treasures buried by torchlight, palm-fringed beaches, fabulous riches, and, most of all, freedom from the mean life of the laboring man are the stuff of this tradition reinforced by many a novel and film.
It is disconcerting to think of such dashing scoundrels as slaves to economic forces, but so they were—as Robert Ritchie demonstrates in this lively history of piracy. He focuses on the shadowy figure of William Kidd, whose career in the late seventeenth century swept him from the Caribbean to New York, to London, to the Indian Ocean before he ended in Newgate prison and on the gallows. Piracy in those days was encouraged by governments that could not afford to maintain a navy in peacetime. Kidd’s most famous voyage was sponsored by some of the most powerful men in England, and even though such patronage granted him extraordinary privileges, it tied him to the political fortunes of the mighty Whig leaders. When their influence waned, the opposition seized upon Kidd as a weapon. Previously sympathetic merchants and shipowners did an about-face too and joined the navy in hunting down Kidd and other pirates.
By the early eighteenth century, pirates were on their way to becoming anachronisms. Ritchie’s wide-ranging research has probed this shift in the context of actual voyages, sea fights, and adventures ashore. What sort of men became pirates in the first place, and why did they choose such an occupation? What was life like aboard a pirate ship? How many pirates actually became wealthy? How were they governed? What large forces really caused their downfall?
As the saga of the buccaneers unfolds, we see the impact of early modern life: social changes and Anglo-American politics, the English judicial system, colonial empires, rising capitalism, and the maturing bureaucratic state are all interwoven in the story. Best of all, Captain Kidd and the War against the Pirates is an epic of adventure on the high seas and a tale of back-room politics on land that captures the mind and the imagination.
Here is the first biography of Thomas Medwin—literary adventurer, rascal, scholar, confidence man, successful fortune hunter, and bemused speculator on a grand scale in old Italian oil paintings. Poet, novelist, translator of Aeschylus, cousin and boyhood friend of the poet Shelley, he was a man of fiery temper, fierce hatreds, and enduring loves.
Although an intimate friend of Lord Byron, he was so dangerous (or disreputable) that his Lordship warned Teresa Guiccioli, his last mistress, not to be alone in Medwin's company. Later, Medwin introduced Byron's daughter to her future husband, Lord Lovelace, and so determined the poet's line of descent.
Friend of Washington Irving, gentleman of the old school, neglected Boswell of the nineteenth century, Medwin reported the conversations of Byron, Shelley, Trelawny, Hazlitt, Canova the sculptor, and others. His life and adventures light up little-known aspects of the nineteenth-century literary, military, social, and publishing world—in England, India, Italy, France, Switzerland, and Germany.
Medwin served as midwife to the words of a dead man—Lord Byron—who returned to laugh and sneer at the living from the Captain's pages. The Conversations of Lord Byron thus became the most controversial book of the day, going through a dozen editions, in six countries, and being translated into French, German, and Italian. It aroused the wrath, indignation, or enthusiastic interest of such individuals as Goethe, Lady Byron, Lady Caroline Lamb, the Countess Teresa Guiccioli, John Cam Hobhouse (later Lord Broughton), Sir Walter Scott, John Murray, and Washington Irving. Medwin, whose long and adventurous life extended from the rise and flowering of the Romantic Period to the mid-Victorian Age (which he regarded as a dreary decline from the great heights of his youth), was an influence of the first magnitude in determining the early public image of Byron and the reputation of Shelley.
This often amusing story, as engrossing as a novel, is drawn from all the available accounts, including many important sources never before published. In effect a new contribution to the biographical study of Byron and Shelley, it clarifies Medwin's relations not only with these two poets but also with many other important and interesting figures of the day.
Paul Cuffe is best understood as a member of the Black founding fathers—a group of pre-eminent African Americans who built institutions and movements during the first decades of the United States. While he is known amongst scholars, his astounding life story deserves a much wider audience. Jeffrey A. Fortin has crafted a beautiful, moving portrait of this important maritime figure that will appeal to anyone interested in early American history and who loves great story telling.
Born on Cuttyhunk Island, Massachusetts in 1759 to a formerly enslaved African father and a Wampanoag Indian mother, Cuffe emerged from anonymity to become the most celebrated African-American sea captain during the Age of Sail. An abolitionist, veteran, and community activist, celebrity followed Cuffe as he built a shipping empire that traded both in American coastal waters and across the wider Atlantic Ocean. Cuffe and his Black crews shook the foundations of systemic racism, challenging norms by sailing into Charleston and other ports where slavery was legal, and thus demonstrating that business and profits were more powerful than social limitations. He founded America’s first racially integrated school in Westport, Massachusetts, and is considered the leader of the nation’s first back-to-Africa movement. Newspapers in England, the United States, and the Caribbean reported his whereabouts and adventures, and abolitionists hailed him for his Quaker beliefs, sobriety, and commitment to advancing opportunities for persons of African descent.
Drawing on pamphlets, letters, and other documents, and painstakingly reconstructing his genealogy, Fortin vividly describes Cuffe’s experiences and places them within the broader history of the Early Republic to help reveal the central role of African Americans in the founding of the United States. Unlike previous biographies, Fortin situates Cuffe within an Atlantic world where race and identity were fluid, and Africans and African Americans sought to build and govern a free Black nation in West Africa.
Women throughout the world have always played their part in struggles against colonialism, imperialism and other forms of oppression. However, there are few books on Arab political prisoners, fewer still on the Palestinians who have been detained in their thousands for their political activism and resistance.
Nahla Abdo's Captive Revolution seeks to break the silence on Palestinian women political detainees, providing a vital contribution to research on women, revolutions, national liberation and anti-colonial resistance. Based on stories of the women themselves, as well as her own experiences as a former political prisoner, Abdo draws on a wealth of oral history and primary research in order to analyse their anti-colonial struggle, their agency and their appalling treatment as political detainees.
Making crucial comparisons with the experiences of female political detainees in other conflicts, and emphasising the vital role Palestinian political culture and memorialisation of the 'Nakba' have had on their resilience and resistance, Captive Revolution is a rich and revealing addition to our knowledge of this little-studied phenomenon.
The laments of captive women found in extant Athenian tragedy constitute a fundamentally subversive aspect of Greek drama. In performances supported by and intended for the male citizens of Athens, the songs of the captive women at the Dionysia gave a voice to classes who otherwise would have been marginalized and silenced in Athenian society: women, foreigners, and the enslaved. The Captive Woman's Lament in Greek Tragedy addresses the possible meanings ancient audiences might have attached to these songs. Casey Dué challenges long-held assumptions about the opposition between Greeks and barbarians in Greek thought by suggesting that, in viewing the plight of the captive women, Athenian audiences extended pity to those least like themselves. Dué asserts that tragic playwrights often used the lament to create an empathetic link that blurred the line between Greek and barbarian.
After a brief overview of the role of lamentation in both modern and classical traditions, Dué focuses on the dramatic portrayal of women captured in the Trojan War, tracing their portrayal through time from the Homeric epics to Euripides' Athenian stage. The author shows how these laments evolved in their significance with the growth of the Athenian Empire. She concludes that while the Athenian polis may have created a merciless empire outside the theater, inside the theater they found themselves confronted by the essential similarities between themselves and those they sought to conquer.
The Socialist Revolutionaries (SRs) were the largest political party in Russia in the crucial revolutionary year of 1917. Heirs to the legacy of the People’s Will movement, the SRs were unabashed proponents of peasant rebellion and revolutionary terror, emphasizing the socialist transformation of the countryside and a democratic system of government as their political goals. They offered a compelling, but still socialist, alternative to the Bolsheviks, yet by the early 1920s their party was shattered and its members were branded as enemies of the revolution. In 1922, the SR leaders became the first fellow socialists to be condemned by the Bolsheviks as “counter-revolutionaries” in the prototypical Soviet show trial.
In Captives of the Revolution, Scott B. Smith presents both a convincing account of the defeat of the SRs and a deeper analysis of the significance of the political dynamics of the Civil War for subsequent Soviet history. Once the SRs decided to openly fight the Bolsheviks in 1918, they faced a series of nearly impossible political dilemmas. At the same time, the Bolsheviks fatally undermined the revolutionary credentials of the SRs by successfully appropriating the rhetoric of class struggle, painting a simplistic picture of Reds versus Whites in the Civil War, a rhetorical dominance that they converted into victory over the SRs and any left-wing alternative to Bolshevik dictatorship. In this narrative, the SRs became a bona fide threat to national security and enemies of the people—a characterization that proved so successful that it became an archetype to be used repeatedly by the Soviet leadership against any political opponents, even those from within the Bolshevik party itself.
In this groundbreaking study, Smith reveals a more complex and nuanced picture of the postrevolutionary struggle for power in Russia than we have ever seen before and demonstrates that the Civil War—and in particular the struggle with the SRs—was the formative experience of the Bolshevik party and the Soviet state.
Today the United States leads the world in incarceration rates. The country increasingly relies on the prison system as a “fix” for the regulation of societal issues. Captivity Beyond Prisons is the first full-length book to explicitly link prisons and incarceration to the criminalization of Latina (im)migrants.
Starting in the 1990s, the United States saw tremendous expansion in the number of imprisoned (im)migrants, specifically Latinas/os. Consequently, there was also an increase in the number of deportations. In addition to regulating society, prisons also serve as a reproductive control strategy, both in preventing female inmates from having children and by separating them from their families. With an eye to racialized and gendered technologies of power, Escobar argues that incarcerated Latinas are especially depicted as socially irrecuperable because they are not considered useful within the neoliberal labor market. This perception impacts how they are criminalized, which is not limited to incarceration but also extends to and affects Latina (im)migrants’ everyday lives. Escobar also explores the relationship between the immigrant rights movement and the prison abolition movement, scrutinizing a variety of social institutions working on solutions to social problems that lead to imprisonment.
Accessible to both academics and those in the justice and social service sectors, Escobar’s book pushes readers to consider how, even in radical spaces, unequal power relations can be reproduced by the very entities that attempt to undo them.
El Salvador is widely considered one of the most successful United Nations peacebuilding efforts, but record homicide rates, political polarization, socioeconomic exclusion, and corruption have diminished the quality of peace for many of its citizens. In Captured Peace: Elites and Peacebuilding in El Salvador, Christine J. Wade adapts the concept of elite capture to expand on the idea of “captured peace,” explaining how local elites commandeered political, social, and economic affairs before war’s end and then used the peace accords to deepen their control in these spheres.
While much scholarship has focused on the role of gangs in Salvadoran unrest, Wade draws on an exhaustive range of sources to demonstrate how day-to-day violence is inextricable from the economic and political dimensions. In this in-depth analysis of postwar politics in El Salvador, she highlights the local actors’ primary role in peacebuilding and demonstrates the political advantage an incumbent party—in this case, the Nationalist Republican Alliance (ARENA—has throughout the peace process and the consequences of this to the quality of peace that results.
When health authorities quarantined guests aboard the Diamond Princess on February 5, 2020, the cruise ship abruptly shifted from a dream vacation vessel to a public health nightmare. Over the next three weeks, 712 passengers tested positive for coronavirus, with fourteen deaths, and the ship outbreak quickly became the largest cluster of cases outside of China. Guests began to routinely share quarantine updates on social media, ranging from the quality of the ship’s food to their sense of imprisonment. These Facebook, Twitter, Instagram, YouTube, and TikTok accounts became a key source of information for news outlets like the Associated Press, and they helped to set the tone for how the media would cover and frame the pandemic for the next several years.
Unlike past outbreaks, epidemics, and pandemics, COVID-19 emerged in a 21st-century digital landscape of instant communication and abundant online platforms, with older models of news and entertainment media mingling with new types of citizen-produced content. In Capturing COVID, Katherine A. Foss makes sense of how this contemporary media landscape shaped the public’s knowledge and perceptions of the new pandemic. The book focuses on crucial media moments, including the initial reporting from Wuhan; news and social media content on the Diamond Princess quarantine; stories of inequality, stigma, and injustice; narratives of the vaccine rollout; and representations of pandemic life in popular culture. Drawing on press releases, interviews, websites, blogs, social media posts, and other publicly available materials, and guided by critical media analysis, Foss illuminates how this new digital era profoundly shaped the progression of the pandemic. This media landscape kept people informed and connected, but also led to the politicization of the virus, rampant mis/disinformation, and stigmatizing messaging that contributed to public distrust and division. Capturing COVID deftly helps make sense of the entire affair.
CHOICE Outstanding Academic Title
Examining “the moment” as one of the primary motifs of Beat writing, Erik Mortenson offers the first book to investigate immediacy and its presence and importance in Beat writing. Capturing the Beat Moment: Cultural Politics and the Poetics of Presence places an expanded canon of Beat writers in an early postmodern context that highlights their importance in American poetics and provides an account of Beat practices that reveal how gender and race affect Beat politics of the moment.
Mortenson argues that Beat writers focused on action, desire, and spontaneity to establish an authentic connection to the world around them and believed that “living in the moment” was the only way in which they might establish the kind of life that led to good writing. With this in mind, he explores the possibility that, far from being the antithesis of their times, the Beats actually were a product of them. Mortenson outlines the effects of gender and race on Beat writing in the postwar years, as well as the Beats’ attempts to break free of the constrictive notions of time and space prevalent during the 1950s.
Mortenson discusses such topics as the importance of personal visionary experiences; the embodiment of sexuality and the moment of ecstasy in Beat writing; how the Beats used photographs to evoke the past; and the ways that Beat culture was designed to offer alternatives to existing political and social structures. Throughout the volume, Mortenson moves beyond the Kerouac-Ginsberg-Burroughs triumvirate commonly associated with Beat literature, discussing women—such as Diane di Prima, Janine Pommy Vega, and Joyce Johnson—and African American writers, including Bob Kaufman and Amiri Baraka. With the inclusion of these authors comes a richer understanding of the Beat writers’ value and influence in American literary history.
Shedding new light on the American campaign to democratize Western Germany after World War II, Capturing the German Eye uncovers the importance of cultural policy and visual propaganda to the U.S. occupation.
Cora Sol Goldstein skillfully evokes Germany’s political climate between 1945 and 1949, adding an unexpected dimension to the confrontation between the United States and the USSR. During this period, the American occupiers actively vied with their Soviet counterparts for control of Germany’s visual culture, deploying film, photography, and the fine arts while censoring images that contradicted their political messages. Goldstein reveals how this U.S. cultural policy in Germany was shaped by three major factors: competition with the USSR, fear of alienating German citizens, and American domestic politics. Explaining how the Americans used images to discredit the Nazis and, later, the Communists, she illuminates the instrumental role of visual culture in the struggle to capture German hearts and minds at the advent of the cold war.
Anthony Collings found himself in his share of difficult situations in his thirty-four years as a newsman. Like being captured by AK-47–toting Syrians in Lebanon in 1981 while looking for missiles that threatened a new outbreak of hostilities with Israel, or being “detained” by the KGB in Moscow in 1967 during his first foreign posting for the Associated Press filing stories about Soviet dissidents.
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