Governance of Marwari capital: Daily living as a decolonial ‘matrix-of-praxis’ intermeshing commercial, religious and familial spheres

Mohnot, Jitesh, Pratap, Sankalp and Saha, Biswatosh (2021) Governance of Marwari capital: Daily living as a decolonial ‘matrix-of-praxis’ intermeshing commercial, religious and familial spheres. Organization, 28 (5). pp. 741-772. ISSN 13505084

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This paper is a narration on practices of unlimited liability Marwari businesses of a textile town in Western India. Although depicted as an ‘outdated’ form of incorporation, these businesses were surprisingly resilient prompting us to engage in exploration of their ways of doing business. We deployed Mignolo’s concept of colonial-matrix-of-power to anchor our interpretive sense-making of enactments of our participant businessmen. The daily doings of the businessmen and their families enacted a ‘way of life’, Marwaripan. Activities created an intermesh across ‘local’ spaces of family, business and religion, constituting, what we call, a decolonial matrix-of-praxis. It created a ‘local’ form of Marwari governance where circulation and access to capital depended on extensively (and labouriously) negotiated construction of ‘status’ within open spaces of ‘enunciation’. However, preserving Marwaripan also required arduous striving and collective toil to continuously construct subjectivities based on customary dharma through a communitarian pedagogy that could wean away actors from the state driven pedagogy of regular schools.

Item Type: Article
Keywords: Decoloniality | Governance | Indigenous business communities | Management and organization knowledge (MOK) | Marwari | Mignolo | Re-existence
Subjects: Social Sciences and humanities > Business, Management and Accounting > Business and International Management
Social Sciences and humanities > Social Sciences > Cultural Studies
Social Sciences and humanities > Social Sciences > Customs, Etiquette and Folklore
JGU School/Centre: Jindal Global Business School
Depositing User: Mr. Syed Anas
Date Deposited: 28 Dec 2021 09:57
Last Modified: 27 Jan 2022 17:00
Official URL:
Additional Information: This paper also benefitted immensely from presentation and discussion at EGOS 2019 in Edinburgh as well as conversations at Indian Institute of Management Tiruchirappalli, where first author pursued PhD and second author served as associate professor of strategy and entrepreneurship. We also thank Professor Manikandan K. S., Hari Sreekumar, Apoorv Khare and V. Gopal for the valuable feedback and their considered comments.


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