Category: 3-BookTalkDaily

Investable! When Pandemic Risk Meets Speculative Finance (MIT Press, 2025) by Dr. Susan Erikson presents a critical and sobering look at how international bankers and investors turn pandemics into investment opportunities, and what we stand to lose when we rely on “innovative finance.”

In a world increasingly defined by crisis, bankers and investors behind the scenes turn catastrophes like pandemics into financial securities that can be bought and sold. Offering new insights into how the excesses of capitalism shape pandemic preparedness, Investable! is an ethnography of World Bank bonds designed to solve a big-ticket global health problem by getting international investors to gamble on future crises. In this first book-length treatment of pandemic bonds, award-winning medical anthropologist Dr. Erikson explains how we got here and asks who should hold the responsibility for the terrible things that happen to people, at a time when pandemics are turned into casinos.
Dr. Erikson, who traveled over 300,000 miles conducting research for the book, takes readers from the red clay roads of West Africa to the concrete sidewalks of New York City and London’s financial districts, telling the stories of the people, the special interests, and the logics of pandemic bonds. Original, insightful, and extremely timely, Dr. Erikson's lively interdisciplinary exploration tells readers in powerful, vibrant prose about the pitfalls of contemporary global health finance “solutions.” Written for a smart general audience concerned about capitalism’s effect on human health, Investable! will appeal to financiers; politicians; economists; people working in global development, health care, and international affairs; and anyone who wants to better understand how capitalism affects how we care for one another in times of crisis.

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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Bradley Gorski, a literary and culture scholar, examines the breakneck commercialization of Russian book publishing and of Russian literature more broadly – in the wake of the collapse of the Soviet Union. In the early 1990s, thousands of new publishers emerged, up from a mere two hundred at the Soviet Union’s end. The notion of the “bestseller” quickly came to dominate the new market, fueling he rise of immensely popular genres such as detective novels, including its zhenskii variety (detective novels written by women and featuring female sleuths. Gorski artfully weaves together the evolution of the book market - from the chaos of the early post-Communist years to the near-monopoly in the 2000s - with literary analysis of some of the most prominent post-Soviet authors. At early stages, post-Soviet literature often reflected a degree of optimism about the Western ideal of personal liberty and embraced what sociologist Boris Dubin called a Russian version of the “American success story”. In recent years, however, the Russian literary market has taken a distinctly illiberal turn, exemplified by the writer Zakhar Prilepin, a bestselling author turned jingoistic patriot who fought in the Donbas region of Ukraine and inspired many of his admirers to join the front. 

Cultural Capitalism: Literature and the Market after Socialism (Northern Illinois University Press, 2025)

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Today’s international system is made up of states: Territorial entities with defined borders, with exclusive control within those borders, diplomatic recognition by other states outside of them and usually (though not always) tied to some idea of the “nation.”

But how many states have existed throughout history, such as during the nineteenth century? Some early counts put the number at just a few dozen–a measure that international relations professors Charles R. Butcher and Ryan D. Griffiths thought was far too low, missing polities throughout the non-Western world. Together, they put together their own count of independent states in the nineteenth century, as published in their latest work Before Colonization: Non-Western States and Systems in the Nineteenth Century (Columbia UP, 2025).

Charles joins us today to talk about his work. He is a professor in the Department of Sociology and Political Science at the Norwegian University of Science and Technology. His research focuses on the legacies of historical states and state systems, democratization, and civil resistance.

You can find more reviews, excerpts, interviews, and essays at The Asian Review of Books, including its review of Before Colonization. Follow on Twitter at @BookReviewsAsia.

Nicholas Gordon is an editor for a global magazine, and a reviewer for the Asian Review of Books. He can be found on Twitter at @nickrigordon.

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Have you ever stopped to think about how your morning cappuccino came to be? From the coffee bush that yielded the beans, to the grass for the cattle – or perhaps the soya – that produced the milk, plants are an indispensable part of our everyday life.

Beginning with some of the earliest uses of plants, in 50 Plants that Changed the World (Bodleian, 2025) Dr. Stephen Harris takes us on an exciting journey through history, identifying fifty plants that have been key to the development of the western world, discussing trade, imperialism, politics, medicine, travel and chemistry along the way. There are plants here that have changed landscapes, fomented wars and fuelled slavery. Others have been the trigger for technological advances, expanded medical knowledge or simply made our lives more pleasant. Plants have provided paper and ink, chemicals that could kill or cure, vital sustenance and stimulants.

Some, such as barley, have been staples from earliest times; others, such as oil palm, are newcomers to western industry. We remain dependent on plants for our food, our fuel and our medicines. As the wide-ranging and engaging stories in this beautifully illustrated book demonstrate, their effects on our lives continue to be profound and often unpredictable.

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.

Learn more about your ad choices. Visit megaphone.fm/adchoices

Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/book-of-the-day