Business globalization and ideology: The dissemination of anti-democratic thought

Spitz, J., Konrad, A. M. and Cresko, A. (2009). Business globalization and ideology: The dissemination of anti-democratic thought. In: Fisher, G. and Rose, E. L., Proceedings of the ANZIBA Conference 2009. The Future of Asia-Pacific Business: Beyond the Crisis, Brisbane, Australia, (1-26). 16-18 April, 2009.

Author Spitz, J.
Konrad, A. M.
Cresko, A.
Title of paper Business globalization and ideology: The dissemination of anti-democratic thought
Conference name The Future of Asia-Pacific Business: Beyond the Crisis
Conference location Brisbane, Australia
Conference dates 16-18 April, 2009
Convener UQ Business School
Proceedings title Proceedings of the ANZIBA Conference 2009
Place of Publication Australia
Publisher ANZIBA
Publication Year 2009
Year available 2009
Sub-type Fully published paper
ISBN 978-0-646-52359-0
Editor Fisher, G.
Rose, E. L.
Start page 1
End page 26
Total pages 26
Collection year 2010
Language eng
Abstract/Summary Business Globalization carries with it a justification based in part on democracy in markets: equal opportunity in market exchange. Markets admit all comers; outcomes are determined by endowments of quality, efficiency, and merit. In this way businesses, governments, organizations and individuals all competitively participate in the globalized marketplace for influence and outcomes best deserved. This research explores the extent to which that articulated value set enjoys support among American Business faculty in a context of steeply increasing management power world-wide. Responses to a U.S. based nationally representative survey show that more than half of Business faculty do not consider lack of equal opportunity (a central foundation of democracy) to be a problem; a lesser proportion endorse racism and sexism as well. Tracking the steady global rise in corporate economic power, and in Business School graduates over 45 years, we find concern in the dissemination of such ideologies that these growth patterns, and survey responses, suggest. To the extent that equal opportunity is desired in our global political economy, these results suggest a more active institutional oversight is needed for economic exchange, which otherwise is apparently guided by elitism and anti-democratic thought.
Subjects E1
150310 Organisation and Management Theory
910402 Management
Keyword globalization
international political economy
developing economies
business and society
Q-Index Code E1
Q-Index Status Confirmed Code

 
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Created: Fri, 26 Jun 2009, 15:17:44 EST by Karen Morgan on behalf of UQ Business School