Do The Right Thing For Students – Decolonise The Business School

By Alessia Contu.

“We hardly get a chance to talk about race in class. So the discussion we just had on racial colour blindness was refreshing,” a management student recently remarked to me.

She was spot on.

Business schools don’t offer many opportunities for addressing and re-dressing race, diversity and inequities. Diversity tends to be “mere decoration” while the focus stays on the “bottom line”.

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Women in tech suffer because of American myth of meritocracy

Banu Ozkazanc-Pan, Brown University.

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Will they disrupt the tech sector? (Reuters/Eduardo Munoz)

 

The American dream is built on the notion that the U.S. is a meritocracy. Americans believe success in life and business can be earned by anyone willing to put in the hard work necessary to achieve it, or so they say.

Thus, Americans commonly believe that those who are successful deserve to be so and those who aren’t are equally deserving of their fate – despite growing evidence that widening inequalities in income, wealth, labor and gender play a major role in who makes it and who doesn’t.

And this very fact – that Americans believe their society is a meritocracy – is the biggest threat to equality, particularly when it comes to gender, as research by myself and others shows.

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Will big data algorithms soon control our lives?

By Stephan Manning.

Just a few decades ago it was unthinkable that a computer could ever be as smart as a human. But in 1996, the super-computer Deep Blue beat world champion Gary Kasparov in chess, and in early 2017 Google’s AlphaGo defeated the best human player in Go. In his fascinating new book Homo Deus, Yuval Harari argues that the combination of big data and self-improving algorithms will soon outsmart humans entirely and make human decision-making obsolete. Even today, it just takes 150 Facebook likes for psychometrics software such as Cambridge Analytica to know your needs, fears and hopes better than your parents do, and just over 300 likes for such software to know you better than you know yourself.  All based on analyzing your likes against Millions of other likes and profiles. No wonder the Trump campaign made effective use of that software last year to better target their voters. But this is just the beginning: Recently, researchers from Wits University in Johannesburg, South Africa, were able for the first time to directly link a human brain to the Internet – creating the first ever ‘Brainternet’. Based on increased connectivity, smart algorithms may soon be able to monitor and analyze all our biological functions, thoughts, interactions, and purchases, and know much better what we want and what makes us happy than we do. Harari argues that in the end humans may delegate all important decisions – choices of careers, partners and places to live – to algorithms that exceed our brain capacity manifold. So will big data algorithms eventually control our lives?

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How some rich people are trying to dismantle inequality

By Erynn Beaton, Maureen A. Scully and Sandra Rothenberg.

 

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Members of Patriotic Millionaires, whose privileged members advocate for higher taxes on the rich, met with lawmakers in this 2015 photo to discuss legislation to close the carried interest loophole. (Senate Democrats, CC BY-SA)

 

Ample research indicates that the growing problem of wealth and income inequality could stunt U.S. economic growth and undermine our democracy while stirring political polarization. Given that the federal government shows little interest in fighting economic inequality and many states are ill-equipped to do much about it, what else can be done?

Studies have also found that the rich exert far more influence over government than the rest of us. This imbalance means that wealthy people who do something about inequality may have more power to make an impact than everybody else. As scholars of social change, we wanted to learn more about how a small number of affluent Americans choose to spend their own time, clout and money fighting inequality.

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Hire U.S. Labor and Bangalore CEOs to make America great again!

Guest Post by Anonymous Trump Fan.

Greetings, dear Americans! As our new President appears and promises to change this system and make America great again, it’s time we look at one of the things he could do to really make America great, and it’s in his specialty, business.

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Trump and Clinton want to bring back millions of outsourced jobs – here’s why they can’t

By Stephan Manning and Marcus M. Larsen.

One of the big themes in the current presidential race is how decades of free trade have dealt a heavy blow to the American worker as millions of jobs were shipped overseas to take advantage of cheap labor.

That’s even turned some pro free-trade Republicans into protectionists. As a result, the candidates are promising to bring these jobs back to the U.S. – whether by lowering taxes (Donald Trump), improving skills (Hillary Clinton) or building infrastructure (Bernie Sanders).

But can all these manufacturing, service and knowledge-intensive jobs that were outsourced or offshored to China, India and other places really be “brought back,” as the candidates seem to believe?

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Facing the Rising Seas: Can we Learn from Climate Mitigation?

David L. LevyUMass Boston.

It’s approaching three years since hurricane Sandy killed over 230 people in 8 countries, and wreaked havoc on the New York-New Jersey region – and put climate adaptation firmly on the national agenda. Sandy, which disrupted at least 450,000 businesses in New York and New Jersey, illustrated how cascading impacts not only damage property but also disrupt businesses for extended periods of time, due to the interaction of power and communication outages, infrastructure damage, and supply chain disruptions. These complex interactions were not adequately understood or anticipated. The reinsurance company Munich Re has estimated insured losses at $25 billion and total losses of at least $50 billion in the US from Sandy. Looking to the future, the 2011 Mass Climate Adaptation report notes that: “Sea level rise of 0.65 meters (26 inches) in Boston by 2050 could damage assets worth an estimated $463 billion”. Cities and states have begun to devote significant resources to planning for sea level rise, more frequent and intense storms, and more intense heat and drought. In one design-for-climate-change scenario, Boston would be transformed into an American Venice.

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Africa Research: Role Model for Engaged Scholarship?

By Keshav Krishnamurty and Stephan Manning.

In professional academia, where you either publish or perish, finding examples of engaged scholarship is rare. By ‘engaged’ we mean experience-driven, problem-oriented, impactful. Last Friday, we had the privilege – as members of the OSC research group – to meet a community of scholars in Cambridge, MA, who care deeply about their work and impact – at the workshop “Africa in the 21st Century: Prospects for Secure Sustainable Development”. This event was organized by African PhD students of the UMB Global Governance and Human Security Program, and co-sponsored by Educational Divide Reform and the Academy of International Business US-Northeast Chapter.* This one-day workshop brought together PhD students and senior scholars of political science, business, sociology, health and environment to discuss pressing questions of peace and conflict, extraction of natural resources, and the future of business and development partnerships in Africa. Aside from showcasing the importance of research perspectives from Africa and the Global South, we were intrigued by the high level of involvement of presenters with their own research. Many experienced in their own lives the very conditions – poverty, discrimination, corruption – they are now studying and trying to change. What can we – scholars and students of organizations and business – learn from them and to what extent can their research be a role model for us? Let us give some individual thoughts and raise some questions going forward…

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Do Academic Conferences Exclude the Global South?

By Stephan Manning.

Many scholars around the world are getting ready for the 2016 conference season. In our digital age, where email, texting and video chat have become the primary means of communication, conferences remain an important nexus for face-to-face scholarly exchange, networking, career-making and innovation. Being located in Boston, but having important networks in Europe (and being a passionate traveler), I typically attend at least three conferences in the U.S., Europe or elsewhere every year. Whereas I take frequent conferencing for granted, I know that many of my colleagues, especially from the Southern Hemisphere, for example Brazil and South Africa, barely make it to one conference per year and often skip the conference season entirely. By comparison, Indian and Chinese scholars for example increasingly participate in the global conference circuit. What explains this divide? And what can be done to counter it?

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Pub Talk in Public: How Trump and European Nationalists Test Democracy

By Stephan Manning.

The political climate in the U.S. and Western Europe is changing dramatically – authoritarian populists are on the rise: Donald Trump keeps winning primaries and is likely to become the Republican U.S. presidential candidate. At the same time, nationalist parties are gaining ground across Europe. Recent example: The ‘Alternative for Germany’ (AfD), a populist right-wing party that campaigns against refugees, climbed from zero to double-digit percentage figures in the latest state elections. Supporters of Trump and European right-wing populist parties have several things in common: they are mostly male, yet rather diverse in terms of age and socio-economic status; they are not loyal to any political party, yet concerned about order and national identity; they are anti-establishment and include many prior non-voters. For example, in the German state Saxony-Anhalt, the AfD received a record-breaking 24% of votes mainly thanks to prior non-voters making up 40% of their votes. Trump is betting on such voters as well, and according to him, his supporters will start ‘riots’ if the Republican National Convention blocks his nomination. Where does this nationalist movement against the establishment come from? What drives prior non-voters to ballot boxes in favor of authoritarian leadership? And what does that mean for democracy?

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