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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We’re failing to solve the world’s ‘wicked problems.’ Here’s a better approach

By Stephan Manning and Juliane Reinecke.

We live in a world burdened by large-scale problems that refuse to go away: the refugee crisis; terrorism; rising sea levels; frequent floods, droughts and wildfires; not to mention persistent inequality and violation of basic human rights across the world.

What do these problems have in common? They resist any simple solution. In policy research they are called “wicked. This is because cause-effect relations are complex and solutions unclear; many of these problems are urgent, yet there is no central authority to solve them; their magnitude is often hard to estimate; and those trying to solve them may even contribute to causing them.

The EU refugee crisis, the topic of a recent U.N. summit, is a good example: Driven by regional conflicts and poverty, and assisted by trafficking networks, people from Africa and the Middle East continue to take enormous risks to enter EU territory by land or sea. For several years now, thousands of refugees have died on this journey each year and no solution is in sight. EU member countries continue to blame their neighbors for either taking in too many refugees or for refusing to help, while there is little shared interest and limited capacity for actually addressing the sources of the problem.

What’s the best way to effectively address these types of wicked problems?

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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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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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Why is it so difficult to rein in Wall Street?

Why is it so difficult to rein in Wall Street?

Suhaib Riaz, University of Massachusetts Boston; Sean Buchanan, University of Manitoba, and Trish Ruebottom, Brock University.

Reforming Wall Street has become a key issue in the ongoing presidential primaries.

Bernie Sanders in particular has used his rival’s close ties to the financial industry, including speaking fees and political donations, to suggest Hillary Clinton wouldn’t rein in Wall Street. At the same time, Sanders has tried to highlight his own independence, declaring:

If I were elected president, the foxes would no longer guard the henhouse.

Clinton has tried to dispel the notion that Wall Street donations affect her judgment or independence, claiming her regulatory plan is actually tougher than Sanders’.

These exchanges underscore a crucial point: almost a decade after the 2008 financial crisis, the reforms that many Americans have demanded remain incomplete. Claims of independence, including by Republicans such as Donald Trump, are one way for candidates to suggest that they would be able to bring about real change.

Who would be the best candidate to do so is an important question. But first we must understand this underlying dilemma: why has it been so difficult to reform Wall Street following the worst financial crisis since the Great Depression?

This led us to a more fundamental question: whose voice matters most in determining how the financial industry should be run?

Given how much anger there still is at Wall Street, the answer may be surprising. Continue reading

Will U.S. Tech Jobs Turn All-Indian? The H1B Visa Dilemma

By Stephan Manning.

Skilled immigration is one of the most controversial topics in the current presidential election race as political scientist Ron Hira points out in his latest Conversation article. At the core of this debate are H1B visas which allow U.S. employers to sponsor the temporary recruitment of skilled workers from abroad, particularly in so-called STEM* professions. Currently, U.S. law permits 85,000 H1B visas to be issued every year. In theory, this visa program allows for labor market flexibility in response to domestic skill shortages. In practice, H1B visas have increasingly been used to employ skilled foreign workers for lower costs, primarily from India. While H1B visas have certainly helped create tech positions at home rather than offshore, Thousands of U.S. employees have been replaced in the process and forced to train those taking their jobs. Facing this dilemma, presidential candidates across the political spectrum have struggled to find convincing solutions. I discuss what’s behind the dilemma; why the solutions of presidential candidates fall short in addressing it; and what is needed to make the H1B debate more fruitful in today’s global competitive environment.

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The Enloe Strikes Back at the Phantom Menace of Business Militarization

By Keshav Krishnamurty.

UMass Boston was honored to host distinguished guest speaker Prof. Cynthia Enloe (Clark University) during the lunch session of the AIBNE Frontier Conference on October 23, 2015. Prof. Enloe is one of the most prominent and distinguished scholars in the world to study the complex intersections of feminism, women, the military, war, politics and the international economy.

After being introduced by Prof. David Levy (UMass Boston College of Management), Prof. Enloe spoke about how she spent a lot of time thinking about the field of militarism and the processes of militarization, the processes by which anything and anybody can be infused with militaristic ideas and depends for their well-being on militarization. These processes can occur at the macro-level and micro-level, from daily life to public policy. Her talk, she said, would be about the militarization of business, a process that happens in several different ways.

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Bringing Gender from the Dark Side to the Light in International Development and Management

By Keshav Krishnamurty. 

A panel on Gender, International Development and Management was hosted on October 23 at UMass Boston as part of the Academy of International Business US-Northeast conference, including panelists Banu Ozkazanc-Pan (UMass Boston College of Management), Kade Finoff (UMass Boston College of Liberal Arts, Economics Department), Cynthia Enloe (Clark University, Worcester) and Deborah Jones (Victoria University of Wellington, New Zealand) with Alessia Contu (UMass Boston College of Management) as the moderator.

The discussion began with Alessia Contu noting that any conversation about gender lands up with an all-female panel, and stating that it is important how scholars teach gender to their students. Some excerpts follow:

(Question) Alessia Contu: What does it mean to think about gender seriously in political economy?

Banu Ozkazanc-Pan : Gender is the complex interaction between biological sex, identity and perception of gender role/gender expression. It’s not just about women! “Genderblind” does not relate to gender-neutral outcomes. It’s like when students conduct a SWOT analysis of a company, there are assumptions being made about gender in business all the time. Who’s going to benefit from a cost-effective workforce? What are the real gender consequences of those decisions? What we research, practice and teach about international management needs to include all those. Continue reading

The Force of Political Economy Awakens at UMass Boston

By Keshav Krishnamurty.

AIBNE Panel I

Two weeks ago, UMass Boston played host to the Academy of International Business (AIB) US-Northeast 2015 Frontier Conference themed “Bringing the Political Economy back in” (October 22-24), facilitating a broad discussion and engagement on the issue of Political Economy and International Business amongst leading academics from top universities across the world. The first highlight of this conference was the panel “Challenges to International Business Research: Bringing the Global Political Economy back in”, featuring panelists Mona Makhija (Fisher College of Business), John Cantwell (Rutgers University), Rajneesh Narula (University of Reading, UK) and Ravi Ramamurti (Northeastern University), with Suhaib Riaz (UMass Boston College of Management) as the panel moderator. This panel underlined the great importance of political economy perspectives and raised some fundamental issues for future research.

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Science vs. Business?

By David Levy, UMass Boston.* 

The fossil fuel industry’s campoil refineryaign to deny climate change and oppose the regulation of greenhouse gases is a well-researched and publicized story. Much less is known, however, about the role of corporate scientists in shaping the internal perspectives on climate change in these companies, and the impact on corporate response strategies. Recent revelations by InsideClimate News show that from the late 1970s to the mid-1980s, Exxon funded its own scientists to engage in a serious research program, which pointed to conclusions that broadly matched those of the broader climate science community. Indeed, during the 1980s, Exxon put plans on hold to develop the massive Natuna gas field off the coast of Indonesia, because of concerns that nearly two-thirds of the gas was carbon dioxide, and there was no economically viable way to capture and dispose of it.

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