The resignation of Jordan Peterson from the University of Toronto has set tongues wagging ¨C especially his. Addressing his retirement in the , Peterson stated: ¡°I am academic persona non grata, because of my unacceptable philosophical positions.¡±

Those positions concern Peterson¡¯s fervent criticism of DIE ¨C his acrimonious acronym for diversity, inclusivity and equity. ¡°Radical leftists¡±, Peterson explains, have infected all walks of life, including business. He singles out CEOs as being ¡°blind, cowed and cowardly¡± in kneeling before a progressive agenda antithetical to ¡°free-market enterprise¡±.

Peterson is far from alone in his criticism of ¡°woke business¡±. recently bemoaned that the ¡°corporate elite kowtow to the woke, Marxist mobs that dominate the internet and Hollywood¡±. It¡¯s all a conspiracy by the ¡°¡±, warns entrepreneur turned political commentator Vivek Ramaswamy.

Business schools are also in the firing line of this reactionary bluster. According to an article published by the , they have been captured by the ¡°woke mob¡±. This seizure is apparently evidenced by a ¡°nigh universal endorsement of progressive values¡± in business education.

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The idea that business schools ¨C commonly conceived as training schools for conservative capitalists ¨C have been taken over by a red-flag-waving wokerati hell bent on smashing the racist patriarchy is as fantastical as the belief that . Marxist mobs, they say? While Karl Marx had a lot to say about commerce and industry, his work is never read by most business school researchers.

I suppose Peterson and his ilk are more concerned with their concocted notion of ¡°cultural Marxism¡±: the politically correct denunciation of Western supremacy and an unyielding devotion to using correct personal pronouns. Still, the ideas that business schools are havens of woke activism is idiotic. In , only 4 per cent of academics are black, Latin or indigenous. Even across the academy more generally, a mere . Women are a bit better represented, but they still only account for of full professors in the US and . are mostly men, too. Let¡¯s face it, universities are jam-packed with white guys (myself included).

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So what do these white male professors do? Are they propagating cultural Marxism on behalf of the unrepresented minorities? Are they peddling politically correct mumbo jumbo to undermine Western civilisation? No.

Despite important pockets of dissent, the majority of what business school academics do is ingrained with a conservative ethos. Business school curricula have by the spirit of neoliberal capitalism, relatively unconcerned with political issues such as justice and equality. Indeed, they have actively purged academics who were critical of business and who might be associated with Marxism. Such was the case last year at the University of Leicester, where left-leaning academics were targeted for redundancy because their work was not relevant to ¡°mainstream¡± business. ¡°Shaping for excellence¡± is what the university called it.

Anti-woke campaigners are quick to whinge that the dominance of progressive values is silencing free speech ¨C especially if that speech is socially conservative. With business schools, ; it is progressive views that have been traditionally suppressed. They still lack the kind of political diversity that would enable the role of business in society to be questioned, reformulated and improved for the good of all.

The tradition of conservatism has been exacerbated by business schools¡¯ morbid obsession with journal ranking systems and league tables. We¡¯ve been left with a situation where knowledge is valued because it enables a school to ¨C an extension of boyish playground games if ever there was one. Business school research has been reduced to an investment that yields competitive advantage and financial returns. You can¡¯t get less woke than that!

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If business schools have any real purpose, it is training the leaders of tomorrow. In a world beset by widening inequality, the threat of political populism and climate emergency, we need leaders who can create lasting change and progress.

This is why business schools should fear conservative cancel culture. It presents the real and present danger of positive change being forestalled by a pre-emptive reactionary backlash. It risks binding them eternally to an expired neoliberalism, hamstrung by intellectual and political inertia.

Hope for a better future should never be cancelled.

Carl Rhodes is dean of the UTS Business School at the?University of Technology Sydney. He is the author of (Bristol University Press).

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