Strategies for antiracist representation: ethnic tourism guides in Chicago

Researchers often frame tour guides in narrow and agency-revoking ways and theorize an ethnic tourism industry in which marginalized racial/ethnic communities are represented as the Other. In this research, I argue that tour guides in Chicago's urban ethnic neighborhoods resist some of the prevailing racialized constructions of their communities by employing strategies of antiracist representation. As ‘representational strategists’, tour guides use ethnic tourism to develop strategies that put forward alternative – even antiracist – representations of marginalized communities. Through a Chicago tourism project, guides construct representations of their communities that (1) invert the relationship of the host community and visitors by constructing the tourists as the Other; (2) articulate a social history of oppression and resistance; (3) expose the community's social problems such as gentrification, and identify their structural causes; and (4) connect the shared experiences between communities of color. These representational strategies defy the normalized practices of ethnic tourism, as well as the mechanisms of racism, and can be important tools in resisting ideological constructions that perpetuate inequality. They attest to the ways marginalized groups can use representation as an important tool in struggles to define themselves, resist silencing and invisibilization, and challenge some of the assumptions and practices that reproduce their marginalization.     

'Changing Before Our Very Eyes': Agrarian Questions and the Politics of Land in Capitalism Today

This paper endorses the criticisms of neo-classical populism and its advocacy of redistributive land reform provided by other contributions to this special issue of the Journal, to which it adds several further points. If GKI propose a version of an agrarian question of 'small' or 'family' farming, and its resolution through a familiar (Chayanovian) path of development, much of the critique rests, in one way or another, on the 'classic' agrarian question in capitalist transition, in effect the agrarian question of capital in which the agrarian question of labour was once subsumed. Here the question is posed whether, in the conditions of contemporary 'globalization' and its tendency to the 'fragmentation' of labour, there might be a new agrarian question of labour, now detached from that of capital, and which generates a new politics of struggles over land (and its distribution). Even to conceive of this question is beyond the analytical and political field of vision of neo-classical populism. Some of the dimensions of an agrarian question of labour are illustrated in a brief consideration of recent, and highly contradictory, events in Zimbabwe: a unique case of comprehensive, regime-sanctioned, confiscatory land redistribution in the world today.     

Economic Democracy: The Role of Privilege in Advancing Civilization

What characterizes the progress of civilization? We propose that it can be understood as expanding democratic principles in governance and economic affairs. In both cases, progress involves advance followed by retreat. Advances come from democratizing and de‐concentrating privileges. This counterbalances the opposing tendency towards monopolization. A two‐by‐two typology of privilege identifies four distinct categories: formal (state sanctioned) vs. informal (culture‐based) privileges on one axis, and efficient vs. inefficient privileges on the other. This matrix leads to a set of propositions that, taken together, should aid in understanding how to advance economic democracy and hinder concentration of economic power: 1) remove inefficient, formal privileges, 2) collect economic rents from efficient, formal privileges, and 3) recognize sovereign rights of individuals in economic activity (which leads to removing taxes on labor and savings). We define our core terms, provide examples to illustrate meaning, provide historic examples to illustrate the feasibility of our analysis, and analyze the dynamic implications of putting our propositions into action.     

Tourism life cycle and sustainability analysis: Profit-focused strategies for mature destinations

Tourist destinations tend to follow similar development patterns. Eventually, all destinations enter the market maturity stage leading to a decline in visitors. To prevent visitor decline, tourism managers and policy makers try to reposition their destinations appealing to more tourist segments. A multi-segment strategy is expensive and may create a fuzzy destination image, further accelerating the decline. An alternative strategy extends Zeithaml, Rust, and Lemon’s (2001) customer pyramid theory. This paper applies customer pyramid theory to Turkey’s tourism industry. Precise targeting of the most loyal visitors (Platinum tourists) creates a less costly and more focused marketing strategy leading to a sustainable tourism industry. Loyal Platinum tourists tend to be less price sensitive than other visitors. The discussion includes strategies to convert Gold and Iron category tourists to Platinum providing additional growth opportunities.     

Private Equity and Portfolio Companies: Lessons from the Global Financial Crisis

Critics of private equity have warned that the high leverage often used in PE‐backed companies could contribute to the fragility of the financial system during economic crises. The proliferation of poorly structured transactions during booms could increase the vulnerability of the economy to downturns. The alternative hypothesis is that PE, with its operating capabilities, expertise in financial restructuring, and massive capital raised but not invested (“dry powder”), could increase the resilience of PE‐backed companies. In their study of PE‐backed buyouts in the U.K.—which requires and thereby makes accessible more information about private companies than, say, in the U.S.—the authors report finding that, during the 2008 global financial crisis, PE‐backed companies decreased their overall investments significantly less than comparable, non‐PE firms. Moreover, such PE‐backed firms also experienced greater equity and debt inflows, higher asset growth, and increased market share. These effects were especially notable among smaller, riskier PE‐backed firms with less access to capital, and also for those firms backed by PE firms with more dry powder at the crisis onset. In a survey of the partners and staff of some 750 PE firms, the authors also present compelling evidence that PEs firms play active financial and operating roles in preserving or restoring the profitability and value of their portfolio companies.     

Compensation of Economists—Measuring the Market Value of NABE Member Characteristics

This study is based on the 2008 NABE salary survey and provides detail on the estimated relationship between the total compensation and the professional characteristics of NABE members who responded to the survey. This study builds on previous work done by Peter Jaquette in analyzing the 2006 salary survey data. We find many similarities to the 2006 results, but also find interesting exceptions in the 2008 sample that suggest further inquiry in subsequent survey analysis.     

An examination of the equilibrium specification and structure of production for Canadian telecommunications

Multiple-output models of Canadian telecommunications production are estimated under different production equilibria. A specification test is conducted between the short- and long-run equilibrium models and the long-run equilibrium is rejected. In order to capture the nature of the disequilibrium, a dynamic cost of adjustment model is estimated for Bell Canada. There are significant adjustment costs and it is estimated that for $1.00 of marginal capital costs the carrier must incur an additional cost of $0.30 to install the new capital into the production process.     

欧洲竭力保持增长

欧洲是全球半导体行业的重要组成部分,最近的统计数据表明,它急需增强力量,以改变现状。