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Podcast: New Books in Economic and Business History
Episode: Gregg Mitman, "Empire of Rubber: Firestone's Scramble for Land and Power in Liberia" (New Press, 2021)
Description: In the early 1920s, Americans owned 80 percent of the world’s automobiles and consumed 75 percent of the world’s rubber. But only one percent of the world’s rubber grew under the U.S. flag, creating a bottleneck that hampered the nation’s explosive economic expansion. To solve its conundrum, the Firestone Tire and Rubber Company turned to a tiny West African nation, Liberia, founded in 1847 as a free Black republic.Empire of Rubber: Firestone's Scramble for Land and Power in Liberia (New Press, 2021) tells a sweeping story of capitalism, racial exploitation, and environmental devastation, as Firestone transform...