Discrimination based on sex sexual orientation and...

Discrimination based on sex, sexual orientation, and disability exists virtually everywhere and is an underlying feature of persistent poverty. Why is such discrimination considered an underlying feature of persistent poverty? How can organizations manage diversity on a long-term basis?

Transcript

00:01 Hey everyone.

00:02 Today we're answering, sorry, problem number 14 from chapter 15 of the textbook, which essentially asks if it's not profitable, sorry, if it's not profitable to practice discrimination, why does it still exist in the marketplace? so essentially, i've taken out a reading, a passage of our textbook that basically answers this.

00:28 So i'm going to go through the reading and then i'm going to give my own take on the reading.

00:32 So i'll just read it out loud.

00:33 Therefore, why does discrimination persist in competitive markets? gary becker sought to explain this persistence.

00:40 Discriminatory impulses can emerge at a number of levels among managers, workers, and customers.

00:47 Consider this situation of a manager who is not personally prejudiced, but who has many workers or customers who are prejudiced.

00:55 If the manager treats minority groups or women fairly, the manager may find it hurts the morale of the prejudiced coworkers or dries away the prejudiced customers.

01:05 In such a situation, a policy of non -discrimination could reduce the firm's profits.

01:12 After all, a business firm is part of society, and a firm that does not follow the societal norms is likely to suffer.

01:22 Market forces alone are unlikely to overwhelm strong social attitudes about discrimination.

01:30 So my take on this is that basically society rules economy.

01:36 You can't have a thriving workplace without it modulating, without it representing larger society.

01:44 And society will always have a huge, huge influence on the marketplace.

01:48 So even in competitive markets, you can't just live life blindly without knowing what's going on in society.

01:54 So prejudice is, if it exists, you know, you can't take it away.

01:58 And if you do try and strip it away through non -discrimination, as they say, your firm is going to suffer.

02:04 It says it's literally likely to suffer.

02:06 So basically how i'd answer this is that societal forces or social attitudes, well, the first thing i would say, and i think the first thing from this passage is that discrimination, which i'll abbreviate with d -i -s -c, what they really state is that it comes from a number of levels.

02:32 So it comes from many places.

02:38 And not only that, it's kind of unpredictable.

02:41 You don't know who's going to be discriminatory...

Question

Discrimination based on sex, sexual orientation, and disability exists virtually everywhere and is an underlying feature of persistent poverty. Why is such discrimination considered an underlying feature of persistent poverty? How can organizations manage diversity on a long-term basis?

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