True colorsof global economy: In the shadows of racialized capitalism

Abstract

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.

Decolonizing inclusion in performing academia: Trans‐inclusion as phronetic border thinking/doing praxis

“…With humility 4 and care we offer our understanding of living in-between as an everyday praxis of phronetic border thinking/doing through trans-inclusion (explained subsequently) so that we may realize diverse possibilities of pluriversal belongingness for all everywhere. Going beyond "color-blind critiques" (Prasad, 2021) of management knowledge and decolonial essentialisms (Maldonado-Torres, 2016), we align with scholarship turning critical gaze onto performing academia (Jammulamadaka et al, 2021); and, in particular, AOM (Bell & DeGama, 2019;McGahan, 2019;Tsoukas, 2018). Firstly, we introduce our fragmented selves to you so that we may dialogically co-create this paper's insights.…”

Responsible managing as educational practice

“…As a way to overcome these problems, many terms, such as sustainability and corporate social responsibility, became a part of management scholars’ and practitioners’ jargon over the past decade under the umbrella of “responsible management” (Forray & Leigh, 2012; Rasche & Gilbert, 2015; Laasch et al, 2020). However, turning responsible management into reality is still challenging due to competing priorities involving maximizing profits and focusing on monetary/financial wealth (Pio & Waddock, 2020) and societal problems such as poverty, racism, sexism and food insecurity (Ray, 2019; Food & Agriculture Organization of the United Nations [FAO], 2020; Rhodes & Fleming, 2020; Prasad, 2022).…”

“…This outcome represents managing educating people and companies and prioritizing diversity in a context of competing priorities. In this case, structural racism (Ray, 2019) should not be overlooked but fought due to the inequalities it enacts in society and business through racialized capitalism (Prasad, 2022). This situation unveils the necessity of managing practice abandoning its discourse of neutral and a-political toward reflecting on which social conditions and parameters organizations should make profits.…”

Coprodução De Conhecimento Em Gestão Em (A Partir De) Países E Sociedades Emergentes

“…Em resposta, emerge a crítica predominantemente pós-moderna/estruturalista ao gerencialismo liderada pelo Critical Management Studies (CMS) anglo-americano, que nega a face colonial/racial das teorias pós-moderna e crítica (Bhambra, 2021) e desafia-reafirma a face transformacional da RG contra-revolucionária. CMS propõe uma nova crítica color/colonialblind e universalista (Prasad, 2021) para microemancipação de gestores e acadêmicos que aprendem criticamente em escolas de negócios pós-colonialistas/racistas (Alvesson & Willmott, 1992). Essa crítica desafia-reafirma a hierarquia teoria-prática enquanto nega e apropria-contém teorias-práticas e movimentos sulistas contrários à face neoimperial do gerencialismo neoliberal branqueador no Sul e Norte (Cotroneo, 2013).…”