Who Makes Cents? A History of Capitalism

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.

The Bonds of Inequality: Debt and the Making of the American City

Indebtedness, like inequality, has become a ubiquitous condition in the United States. Yet few have probed American cities’ dependence on municipal debt or how the terms of municipal finance structure racial privileges, entrench spatial neglect, elide democratic input, and distribute wealth and power. […Learn More]

Fear City: New York’s Fiscal Crisis and the Rise of Austerity Politics

An epic, riveting history of New York City on the edge of disaster—and an anatomy of the austerity politics that continue to shape the world today

When the news broke in 1975 that New York City was on the brink of fiscal collapse, few believed it was possible. How could the country’s largest metropolis fail? How could the capital of the financial world go bankrupt? Yet the city was indeed billions of dollars in the red, with no way to pay back its debts. Bankers and politicians alike seized upon the situation as evidence that social liberalism, which New York famously exemplified, was unworkable. The city had to slash services, freeze wages, and fire thousands of workers, they insisted, or financial apocalypse would ensue. [ […Learn More]

Franchise: The Golden Arches in Black America

Just as The Color of Law provided a vital understanding of redlining and racial segregation, Marcia Chatelain’s Franchise investigates the complex interrelationship between black communities and America’s largest, most popular fast food chain. Taking us from the first McDonald’s drive-in in San Bernardino to the franchise on Florissant Avenue in Ferguson, Missouri, in the summer of 2014, Chatelain shows how fast food is a source of both power―economic and political―and despair for African Americans. As she contends, fast food is, more than ever before, a key battlefield in the fight for racial justice. […Learn More]

Worldmaking After Empire: The Rise and Fall of Self – Determination

Decolonization revolutionized the international order during the twentieth century. Yet standard histories that present the end of colonialism as an inevitable transition from a world of empires to one of nations–a world in which self-determination was synonymous with nation-building–obscure just how radical this change was. […Learn More]

Coffeeland: One Man’s Dark Empire and the Making of Our Favorite Drug

Coffee is an indispensable part of daily life for billions of people around the world–one of the most valuable commodities in the history of global capitalism, the leading source of the world’s most popular drug, and perhaps the most widespread word on the planet. Augustine Sedgewick’s Coffeeland tells the hidden and surprising story of how this came to be, tracing coffee’s five-hundred-year transformation from a mysterious Muslim ritual into an everyday necessity. […Learn More]