Covert Racism in Economics

In the second installment of the spring semester series, John Komlos will explain that mainstream economic theory is replete with implications that feed into structural racism inasmuch as it has the unintended consequence of severely disadvantaging people at the lower end of the socio-economic spectrum, which in the U.S. includes a disproportionate number of Hispanics, Indigenous people, and those whose ancestors were slaves. He argues that economic theory thereby provides justification for preserving the status quo and thereby becomes covertly racist because the assumptions upon which it rests handicaps minorities.
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The W@TC series, the John Hope Franklin Center, and the international area study centers in DUCIGS have worked in the past to address issues of racism, inequality, and marginalization both globally and locally.

This year, we will intensify our focus on anti-racism under the rubric: JHF | Global Anti-Racism (histories of action).

If you require closed captioning to access the material in our event, please email Meredith Watkins (mw390@duke.edu).