Reviewing cutting-edge debates around racial politics and the culture and economy of globalization, this book draws together a wide range of important contemporary debates in a clear and concise way for undergraduate students. Far from concluding that racism is over, the authors contend that the forces of globalization inhabit older cultures of racial division in order to safeguard the economic interests of the privileged. Arguing that the unspoken culture of whiteness informs much that passes in the name of globalization, the book suggests that we are witnessing a reformulation of economic relations around global racisms. Alongside these shifts in economic relations, racialized identities evolve to encompass mixed heritages and mixed cultures both in personal identities and in lifestyle choices. This is one of the few texts that concentrates on the theory of race rather than politics. It looks at race in global terms, and at 'whiteness' as a part of ethnic studies.