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Shadow Trades - The Dark Side of Global Business (Hardcover)
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Shadow Trades - The Dark Side of Global Business (Hardcover)
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Alongside burgeoning global business, which asserts its legality,
ethics and social responsibility, there exists a dark side of
shadow trades manifesting various shades of legitimacy. Not only do
the latter's corrupt practices, dubious supply chains and other
illicit operations run in tandem with global business, these
borderless trades intersect with economic structures and contribute
to systems adopted by corporations, endorsed by neoliberal
capitalism, that are often condoned by governments and unwittingly
sustained by consumers. In a very real sense, all of us may be
implicated in shadow trades through our work, consumption and
citizenship. Even before we can begin to confront and constrain
shadow trades, their business models first need to be identified
and analysed in all their networked complexity, interconnectivity
with global business and embeddedness within the world economy.
Numerous hard questions need to be raised around enabling
circumstances and responsibilities of stakeholders, as well as the
winners and losers resulting from business globalisation and
socio-economic inequities within and between countries. Providing
background, evidence and analysis on select exemplars of shadow
trades, this book provides graduate students of business, plus
scholars in the social sciences, together with practitioners and
policymakers, consumer groups and civil society, with an
indispensable resource for critical engagement. Only through
knowledge gained by research and advocacy for transparency can we
begin to shed light on this dark side of global business, enabling
all of us to grapple with activism against and collaborative action
towards undermining all shadow trades. Amos Owen Thomas was a
Docent / Reader in Marketing and International Business at
Stockholm University until his recent retirement
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