This article examines the repercussions of the European banking crises of 1931 on Argentina’s banking sector, emphasizing the role of European banks with branches in the country. While existing literature has focused on the spread of financial instability in Europe and the United States, little attention has been given to the effects on developing economies. Argentina, a key destination for European capital, provides a compelling case study. Using balance sheets, financial statements and archival evidence, this study explores how European banks acted as conduits for the transmission of the 1931 crisis. As parent banks in Europe faced strain, their Argentine affiliates experienced significant deposit withdrawals and were forced to revise their balance sheet strategies, heightening vulnerability within Argentina’s banking system. The findings highlight the broader consequences of global financial integration and suggest that the ripple effects of the European meltdown prolonged recessionary pressures in Argentina, altering lending practices long after the initial shock. This research contributes to the historiography of interwar banking, offering a deeper understanding of the dynamics between European and developing economies during the Great Depression, and underscores the need for further exploration of financial instability in peripheral regions.

Focusing on cooperative marketing associations (CMAs) in the raw cotton sector, this article asks how the federal government got involved in providing intermediate credit to farmer cooperatives. Around the turn of the twentieth century, farmers and financiers shared some key financial reform objectives, but it was only during and after World War I that the federal state began supporting CMAs’ access to credit through the Federal Reserve and War Finance Corporation. Key public and private actors appropriated decades-old Populist claims about cooperatives’ macroeconomic benefits to justify top-down efforts to support their development. Cotton played a central role in these institutional reforms designed to neutralize the danger that commodity markets and agrarian politics posed to US capitalism through centralized mechanisms of monetary and credit control. But even the creation of the Federal Intermediate Credit Banks in 1923 failed to provide CMAs with the generic working capital necessary to coordinate both production and distribution. Instead, federal policies focused on trade financing in the name of good financial practices and therefore patently ignored Southern Populists’ progressive dream of eliminating the crop-lien system.

With the Directive on Corporate Sustainability Due Diligence, the European Union strives to address the negative externalities of companies that arise in the global economy. The new Directive follows the example of national lawmakers by requiring large companies operating in their own jurisdiction to manage adverse impacts on human rights and the environment. These due diligence laws affect companies beyond European borders by cascading due diligence standards down transnational ownership ties and value chains. They are shifting gears in the complex engine of the global economy and have considerable impacts on stakeholders in third countries. These extraterritorial implications raise the question of what limits international law places on relevant unilateral legislation. This article assesses the Directive against the law of jurisdiction and international comity arguing that unilateral due diligence laws are an appropriate way to address transnational sustainability challenges, provided lawmakers take adequate precautions.

This article reframes late medieval and early modern merchant governance through the lens of distrust, conceived as a structured and productive force for sustaining order amid uncertainty. Drawing on insights from economic sociology and organizational studies, and grounded in archival documents from across Europe, it introduces the art of distrust as a framework for understanding how merchants navigated both foreseeable risks and deeper, more pervasive forms of the unknown. Distrust operated as a discipline embedded in recursive documentation, distributed surveillance, rhetorical restraint, and tactical conflict management. These practices were not merely technical responses to risk but part of a broader normative tradition honed over centuries of mercantile life and codified in manuals guiding merchants in observing others and managing their own conduct. The protocols of vigilance articulated in this literature treated opacity as a terrain to be strategically navigated in the name of the common good. Their echoes in courtly and political writings invite reflection on how mercantile practices of surveillance and self-discipline contributed to shaping impersonal rule as a defining logic of modern institutional life.

Algorithmic management is deeply changing the way work is performed and the interaction between managers and workers in organizations. It also heavily affects the conditions for meaningful work highlighted by existing literature. Therefore, organizations need an appropriate framework to enable meaningful work when adopting algorithmic management systems. This article presents a normative study of the conditions for work to be meaningful in this new scenario. To fulfil this purpose, it adopts a MacIntyrean approach, according to which work is meaningful when it embodies practice-like characteristics. The article identifies the main threats of algorithmic management and characterizes the normative conditions organizations should meet to enable meaningful work. In addition, the article explores the strategies of resistance that workers use to live up to the standards of meaningful work when organizations are not capable or willing to provide those conditions.

Political theory increasingly intersects with business ethics. A notable example is the application of philosopher Jürgen Habermas by Scherer and Palazzo, along with their interpreters, to advocate for the “politicization of the corporation” and “Political Corporate Social Responsibility” (PCSR). Consequently, business ethics focused on corporations also becomes politicized. From a Habermasian perspective, this politicization offers legitimacy through deliberation and consensus. However, a less represented perspective in business ethics discourse—legal philosopher Carl Schmitt’s—highlights the darker sides of politicization, viewing it as an intensification of enmity. This shift undermines the unique ethical-reflective nature of business ethics.

This paper demonstrates tensions between national environmental policies and international free trade rules and traces business reactions to environmentalism through a study of the Can War, a controversy over a Danish ban on beverage cans from 1970 to 2002. At its core was a conflict between Denmark and the European Economic Community (EEC, later the European Union, EU) over free trade versus environmental objectives. This study of the Can War demonstrates how environmental concerns were entangled with national and economic interests, but also how brewers, retailers, and packaging producers used environmental and economic arguments in pragmatic ways and adapted to changing political and economic environments. Thus, the paper adds to the literature on the formative years of environmental politics, with a focus on business interests and a conflict between a nation-state and the EEC in a period when environmental concerns gained political momentum yet remained contested in a system based on free trade. This study also adds to the literature on waste-handling by demonstrating how the Danish return system changed from one based on reuse to one based on recycling; it further shows how beverage cans went from banned to uncontested, everyday objects. Through a comparison with Sweden, the case shows how national businesses influenced the design of new deposit and return systems for single-use packaging, wherein refillable glass bottles became marginalized. Overall, the study offers an understanding of the intricate relationships between environmental policies, business interests, consumer habits, and competing container materials, with aluminum as the winner.

Using Alabama as a case study of the beauty industry, this paper will demonstrate how licensing laws and regulations affected barbers and beauticians as they struggled to gain more clientele than their competitors. In the early twentieth century, white men dominated the market for cutting hair. Though the process started mid-century, by 1980, that relationship was inverted as women found themselves far outnumbering men. This research helps explain the gendered inversion of labor market trends while providing more general insights into the role of licensing laws in labor markets. Importantly, this work explores how race shaped labor market regulations, which affected and continue to affect labor markets and individual businesses in important ways.

The goal of this paper is to explain the multivariate causes of this important labor market reversal using an analysis of race, gender, and political economy. It will argue that the advocacy for restrictive licensing laws and regulations, the failure to innovate and adapt to new styles in hair, and the racial and gendered makeup of the Barbers, Beauticians, and Allied Industries (BBAI) led to the ultimate failure of the union and the overall decrease in barbers during the latter half of the twentieth century. On the other hand, the degree to which black women were represented on licensing boards and played a role in the unique structure of cosmetology groups and unions led and contributed to the proliferation of cosmetologists during the same period.

This article argues that recent global histories of Europe represent just one quite specific mode of global awareness in a long history of European global historical and social scien- tific consciousness. There is no doubt that our understanding of the European past would be more than ill-served by misplaced isolationism or the simple rejection of the massive scientific gains made by global history. Yet recent shifts in the structures, technologies, and modes of the globalization inherited from the post-Cold War world push us to reconsider how that global interconnectedness was achieved. European history after our most recent “global turn” must take into account previous modes of global consciousness and exam- ine how globalization itself has been shaped by this knowledge. Indeed, past understand- ing of global interconnectedness did not necessarily lead to more open borders, increased interdependency, or growing cultural fluidity. Dis-integrating downscaling modes of social organization were invented and reinvigorated in response to perceived global forces. There were also conscious attempts to channel the fruits and accumulations of global processes based on an awareness of their potentially enriching and destabilizing impact. These efforts to take control of globalization did not stop it, but they did give it a specific shape in particular moments. As a case in point, the article argues that the half-century following the French Revolution witnessed what might be called a deglobalizing globalization: a moment when the global integration that many considered responsible for the upheaval of the Revolution certainly did not stop, but was redirected in the service of a sovereign nation through the birth of new modes of social science and history writing.

This contribution seeks to evaluate the influence of the “global turn” on medieval studies, with an accent on the European Middle Ages. Developing global perspectives for the pre- modern period constitutes a real challenge. First, the very notion of the “Middle Ages” is a Eurocentric concept and its application in non-European contexts can be criticized. Second, while the observation of far-ranging contacts and networks of exchange has opened important avenues for research in premodern history, the quantitative significance of those contacts remains difficult to evaluate. Third, there is an ongoing tension between different visions of (medieval) history’s function in society. Despite these problems, recent contributions to the “global Middle Ages” have opened up new approaches to phenomena that are equally pertinent for European medieval studies. While the global turn might not entirely reshape the history of medieval Europe, it certainly adds important layers and new perspectives to subjects that not only resonate with contemporary interests but have long been a concern of European medieval history, such as migration, commerce, and religion. In spite of the difficulties and challenges (methodological, linguistic, etc.) that it poses, the global turn has the potential to contribute to the development of new thematic approaches and new forms of cooperation in the field of medieval studies.