True colors of global economy: In the shadows of racialized capitalism

Organization ◽  
2021 ◽  
pp. 135050842110668
Author(s):  
Pushkala Prasad

This paper unpacks the notion of racial capitalism and highlights its salience for Management and Organization Studies. Racial capitalism is a process of systematically deriving socio-economic value from non-white racial identity groups, and has shaped the contours and trajectories of capitalism for over 500 years. Drawing on the contributions of W.E.B. Du Bois, Bourdieu, and a number of labor historians, we argue that whiteness operates as symbolic capital and status property in market conditions, and is therefore responsible for perpetuating economic inequalities along color lines all over the world. We demonstrate how the extra value placed on whiteness can create a shadowland of split labor markets, colorism, and transnational patterns of expropriation that systematically disadvantage populations of color.

Author(s):  
Benjamin L. McKean

In a dizzying global economy full of injustices that threaten our freedom, people who want to promote justice should be disposed to solidarity with each other. When global supply chains assemble products from every corner of the global and workers’ economic futures seem ever more uncertain, the very neoliberal theories that helped usher in this world also provide a powerful way to understand and navigate it. Those who want to resist the injustices of today’s global economy need to reorient their way of seeing so that it is possible to act more effectively. By drawing on a diverse range of thinkers from G. W. F. Hegel and John Rawls to W. E. B. Du Bois and Iris Marion Young, Disorienting Neoliberalism provides an account of freedom that can inform transnational movements for justice. By explaining how neoliberal institutions and ideas constrain the freedom of people throughout the supply chain from worker to consumer, the book provides a new orientation to the global economy in which it is possible for people to see one other as partners in resisting a shared obstacle to freedom and thus be called to collective action. Cultivating this disposition to solidarity better expresses freedom than the pity and resentment which global inequality so often gives rise to. In doing so, the book shows how political theory can be a source of orientation to the world, illuminating how ideals can help guide action even when they may be impossible to realize.


2019 ◽  
Vol 31 (4) ◽  
pp. 715-740 ◽  
Author(s):  
Katherine Adams

Abstract W. E. B. Du Bois wrote extensively about African-American cotton growers and the Southern Black Belt, beginning with the sociological studies he conducted while at Atlanta University. Over time, his approach to these subjects became increasingly literary and experimental. He made the region—and specifically its dirt—a medium for analyzing the history and dynamics of racial capitalism, and for imagining forms of value not grounded in the violent extraction and mystification of black labor power. In doing so Du Bois countered the blame narrative developed by white southerners like Alfred Holt Stone, who attributed soil exhaustion and economic stagnation to the “monstrocity” of self-possessed black labor. He dismantles racist figures of black encumbrance, nomadism, and decay in which antebellum theories of climate determinism were retooled to promote new forms of racial exploitation. This essay analyzes Du Bois’s dirt poetics in The Souls of Black Folk (1903) and The Quest of the Silver Fleece (1911). Drawing from Ernesto Laclau’s work on the rhetoricity of Marxist social movements, it examines the revolutionary forms of radical contingency that Du Bois discovers at the intersection of linguistic and economic value.


Author(s):  
Joseph Sung-Yul Park

This book presents subjectivity as a theoretical and analytic perspective for studying the intersection of language and political economy. It makes this point by arguing that the way English comes to be valorized as a language of economic opportunity in the context of neoliberalism must be understood with reference to subjectivity—the dimensions of affect, morality, and desire that shape how we, as human beings, understand ourselves as actors in the world. Focusing on South Korea’s ‘English fever’ that took place in the 1990s and 2000s, this book traces how English became an object of heated pursuit amidst the country’s rapid neoliberalization, demonstrating that English gained prominence in this process not because of the language’s supposed economic value, but because of the anxieties, insecurities, and moral desire that neoliberal Korean society inculcated—which led English to be seen as an index of an ideal neoliberal subject who willingly engages in constant self-management and self-development in response to the changing conditions of the global economy. Bringing together ethnographically oriented perspectives on subjectivity, critical analysis of conditions of contemporary capitalism, theories of neoliberal governmentality, and sociolinguistic and linguistic anthropological frameworks of metapragmatic analysis, this book suggests an innovative new direction for research on language and political economy, challenging the field to consider the emotionally charged experiences we have as language users as the key for understanding the place of language in neoliberalism.


Author(s):  
T.A. Balina ◽  
V.A. Stolbov ◽  
L.Yu. Chekmeneva ◽  
V.A. Gorbanyev

The article reveals the theoretical and methodological issues of studying the symbolic capital of the territory. In the context of strengthening social priorities in the development of the global economy, it becomes necessary to apply new methods for assessing the attractiveness and competitiveness of countries around the world. The human development index has not lost the relevance of a formalized assessment of the quality of life of the population. It affects the formation of the country's image, but does not fully reflect the qualitative changes taking place in countries of different levels of development. The image and symbolic capital of the territory is investigated from the standpoint of social geography. Speaking about the formation of the image of a region (country) within the framework of social geography, we mean the process of strategic marketing of the territory, that is, not just the creation of a short-term set of associations, but a long-term instrument of territorial governance. Understanding the value and significance of the positive image of the territory should be a necessary element of geographical research. The perspective image of the country and the region is an integral attribute, the central link of the system of strategic planning and territorial marketing. The authors propose the use of the parameter of Life expectancy as an indicator of the standard of living and physical health of the population, which forms the symbolic capital of a territory (country). The analysis of the qualitative content of the indicator of life expectancy of the population is given. The emphasis is made on the need to use a typological approach that reveals the relationship between material and spiritual well-being and the life expectancy of the population. An original typology of the countries of the world is presented, proving the thesis that the success of the socio-economic development of the country can be judged by the duration of the expected and healthy life of the population.


2001 ◽  
pp. 13-17
Author(s):  
Serhii Viktorovych Svystunov

In the 21st century, the world became a sign of globalization: global conflicts, global disasters, global economy, global Internet, etc. The Polish researcher Casimir Zhigulsky defines globalization as a kind of process, that is, the target set of characteristic changes that develop over time and occur in the modern world. These changes in general are reduced to mutual rapprochement, reduction of distances, the rapid appearance of a large number of different connections, contacts, exchanges, and to increase the dependence of society in almost all spheres of his life from what is happening in other, often very remote regions of the world.


2013 ◽  
pp. 97-116 ◽  
Author(s):  
A. Apokin

The author compares several quantitative and qualitative approaches to forecasting to find appropriate methods to incorporate technological change in long-range forecasts of the world economy. A?number of long-run forecasts (with horizons over 10 years) for the world economy and national economies is reviewed to outline advantages and drawbacks for different ways to account for technological change. Various approaches based on their sensitivity to data quality and robustness to model misspecifications are compared and recommendations are offered on the choice of appropriate technique in long-run forecasts of the world economy in the presence of technological change.


Author(s):  
Brian Stanley

This book charts the transformation of one of the world's great religions during an age marked by world wars, genocide, nationalism, decolonization, and powerful ideological currents, many of them hostile to Christianity. The book traces how Christianity evolved from a religion defined by the culture and politics of Europe to the expanding polycentric and multicultural faith it is today—one whose growing popular support is strongest in sub-Saharan Africa, Latin America, China, and other parts of Asia. The book sheds critical light on themes of central importance for understanding the global contours of modern Christianity, illustrating each one with contrasting case studies, usually taken from different parts of the world. Unlike other books on world Christianity, this one is not a regional survey or chronological narrative, nor does it focus on theology or ecclesiastical institutions. The book provides a history of Christianity as a popular faith experienced and lived by its adherents, telling a compelling and multifaceted story of Christendom's fortunes in Europe, North America, and across the rest of the globe. It demonstrates how Christianity has had less to fear from the onslaughts of secularism than from the readiness of Christians themselves to accommodate their faith to ideologies that privilege racial identity or radical individualism.


Author(s):  
Karina Pasulka ◽  
◽  
Nataliya Kushnir ◽  

Introduction. The situation in the global economy and business during the COVID-19 pandemic is analyzed in this article. More than 30 million people worldwide have already been infected with the coronavirus, which came from China. However, the spread of the disease has also had an extremely serious impact on the economies of various countries in the world. The Organization for Economic Co-operation and Development has already said that it will take many years for the world to recover from the pandemic. EU GDP in the second quarter of 2020 showed a record decline - 14.4% year on year. The German economy returned to the level of 2011, the Spanish - in 2002, and the Italian economy was rejected in the early 1990s. These and other characteristics show the importance of research on this topic and problem, because it does not apply to a particular region or a particular country, but the whole world.


2018 ◽  
Vol 27 (5) ◽  
pp. 691-702
Author(s):  
Ki-Dong Kim ◽  
Dae-Seung Yang ◽  
Kwon Jang

2020 ◽  
Vol 2 (3) ◽  
pp. 153-158
Author(s):  
E. V. YANUSIK ◽  

The article discusses the main prerequisites for the development of nuclear energy in the global econo-my, also defines nuclear energy and discusses the structure of global energy consumption. The article proves that the crucial prerequisite for the development of nuclear energy in the world market is the economic efficiency of nuclear power plants.


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