THE RANDLORDS by Geoffrey Wheatcroft. New York: Atheneum, 1986. 314 pp., $17.95. CAPITALISM AND APARTHEID: SOUTH AFRICA, 1910?1984 by Merle Lipton. Totowa, N.J.: Rowman & Allanheld, 1985. 400 pp., $19.95. THE ECONOMICS OF THE COLOUR BAR by W. H. Hutt. London: Institute of Economic Affairs, 1964.

Abstract In this paper I embrace what Brian Keeley calls in “Of Conspiracy Theories” the absurdist horn of the dilemma for philosophers who criticize such theories. I thus defend the view that there is indeed something deeply epistemically wrong with conspiracy theorizing. My complaint is that conspiracy theories apply intentional explanations to situations that give rise to special problems concerning the elimination of competing intentional explanations.

Port of Culture is a showcase of the images from a three year photographic project undertaken by photographer Pete Carr to capture the city of Liverpool in a different light. Award-winning photographer Carr is a specialist in HDR a technique that enables photographers to record a greater range of tonal detail than any camera could capture in a single photo, producing a 'painting-like' quality to the image. The end result is an incredible dynamic range of images capturing the many (...) moods of the city - from scenes of protests at the arrival of Condoleezza Rice, to local architecture old and new. Visually stunning, Port of Culture reveals the astonishing creativity of this young photographer while providing a wholly refreshing and entrancing take on a city evolving in front of our eyes. (shrink)

F. A. Hayek's realistic economic theory has been replaced by the formalistic use of equlibrium models that bear little resemblance to reality. These models are as serviceable to the right as to the left: they allow the economist either to condemn capitalism for failing to measure up to the model of perfect competition, or to praise capitalism as a utopia of perfect knowledge and rational expectations. Hayek, by contrast, used equilibrium to show that while capitalism is not perfect, it contains (...) error‐correcting institutions that bring it closer to perfection than is intuitively apparent. (shrink)

ABSTRACT:We develop the concept of stakeholder salience to account for stakeholders who should matter to the firm, even when managers do not perceive them as important. While managers are responsible for attributing salience to stakeholders, they can overlook or ignore stakeholder importance because of market frictions that affect managerial perceptions or induce opportunism. When this happens, corporate financial and social performance can suffer. Thus, we propose that the perceptions of organizational and societal stakeholders should also codetermine the salience of the (...) focal stakeholder to the firm. We also propose that stakeholder dialogue can reduce the impacts that market frictions can have on managerial perceptions of stakeholder interests that should matter to the firm. Finally, we discuss how the refined conceptualization of stakeholder salience might have better predictive validity, be more normative, and make instrumental and normative stakeholder theory more convergent. (shrink)

This book is not another lecture about the greed, self-centeredness, and self-aggrandizement of managers who perpetrated and profited from the failures of their ...

Insightful and accessible, this is the ultimate resource on the ultimate religious figure.

Numerous scholars have observed that the relationship between poverty and violent conflict is endogenous. As a result, the area of Peace Through Commerce argues as one of its central tenets that the institution of business may be able to contribute to sustainable peace by creating economic development where poverty is a critical issue. While this argument may be valid, it leaves the question open — what is the business case for engaging in poverty alleviation business strategies? Strategic Management scholars are (...) addressing this question, arguing the general proposition that poverty is not only experienced by the people, but also impacts businesses operating in environments where the phenomenon is pervasive. By addressing poverty, businesses can help themselves. Yet, organizational theory justifying this proposition is still emerging, consisting of only a few studies that generally suggest that these strategies can help firms develop competitive advantage through the lens of the resource-based view. This article extends the theoretical application of the resource-based view, suggesting that conditions of poverty directly suppress the value of organizational resources and capabilities that are or could be contributed by people affected by it. In addition, it characterizes poverty alleviation strategic capabilities as dynamic capabilities. Finally, it describes a framework of "base of the pyramid dynamic capabilities" that could guide both future discourse in the area and deductive-disconfirmatory research examining the efficacy of these strategies. (shrink)

This article addresses the perennial picture of the human as rational animal, the nexus of trends undermining the cultural legacy of classical humanism, and the so-called posthumanisms that embrace its dissolution. Against critical posthumanism, which aims to break with humanism entirely, and in contrast to transhumanism, which uncritically inherits certain features of humanism, I outline an alternative – rationalist inhumanism – which critically extracts the inhuman core of humanism by unbinding rationality from animality. I begin by re-examining the history of (...) humanism leading up to the posthuman nexus, in order to highlight the features that can be repurposed by inhumanism. I then weave these features into an outline of a genealogy of reason, encompassing its genesis in, co-evolution with, and eventual liberation from the animal that is Homo sapiens. (shrink)

Humanitarian organisations often work alongside those responsible for serious wrongdoing. In these circumstances, accusations of moral complicity are sometimes levelled at decision makers. These accusations can carry a strong if unfocused moral charge and are frequently the source of significant moral unease. In this paper, we explore the meaning and usefulness of complicity and its relation to moral accountability. We also examine the impact of concerns about complicity on the motivation of humanitarian staff and the risk that complicity may lead (...) to a retreat into moral narcissism. Moral narcissism is the possibility that where humanitarian actors inadvertently become implicated in wrongdoing, they may focus more on their image as self-consciously good actors than on the interests of potential beneficiaries. Moral narcissism can be triggered where accusations of complicity are made and can slew decision making. We look at three interventions by Médecins Sans Frontières that gave rise to questions of complicity. We question its decision-guiding usefulness. Drawing on recent thought, we suggest that complicity can helpfully draw attention to the presence of moral conflict and to the way International Non-Governmental Organisations can be drawn into unintentional wrongdoing. We acknowledge the moral challenge that complicity presents to humanitarian staff but argue that complicity does not help INGOs make tough decisions in morally compromising situations as to whether they should continue with an intervention or pull out. (shrink)

Computation and philosophy intersect three times in this essay. Computation is considered as an object, as a method, and as a model used in a certain line of philosophical inquiry concerning the relation of mind to matter. As object, the question considered is whether computation and related notions of mental representation constitute the best ways to conceive of how physical systems give rise to mental properties. As method and model, the computational techniques of artificial life and embodied evolutionary connectionism are (...) used to conduct prosthetically enhanced thought experiments concerning the evolvability of mental representations. Central to this essay is a discussion of the computer simulation and evolution of three-dimensional synthetic animals with neural network controllers. The minimally cognitive behavior of finding food by exhibit- ing positive chemotaxis is simulated with swimming and walking creatures. These simulations form the basis of a discussion of the evolutionary and neurocomputa- tional bases of the incremental emergence of more complex forms of cognition. Other related work has been used to attack computational and representational theories of cognition. In contrast, I argue that the proper understanding of the evolutionary emergence of minimally cognitive behaviors is computational and representational through and through. (shrink)

F. A. Hayek's realistic economic theory has been replaced by the formalistic use of equlibrium models that bear little resemblance to reality. These models are as serviceable to the right as to the left: they allow the economist either to condemn capitalism for failing to measure up to the model of perfect competition, or to praise capitalism as a utopia of perfect knowledge and rational expectations. Hayek, by contrast, used equilibrium to show that while capitalism is not perfect, it contains (...) error‐correcting institutions that bring it closer to perfection than is intuitively apparent. (shrink)

Do markets generate a “just” wage? The answer to this question will depend upon the particular theory of the market that the political economist employs. When comparing actual labor markets with the neoclassical theory of competitive equilibrium as its normative benchmark, Joseph Heath argues that factor pricing is orthogonal to normative issues such as distributive justice. We argue that Heath’s conclusion, though not invalid, follows from a similar normative benchmark of equilibrium, one that evaluates factor pricing without taking into account (...) the institutional conditions within which factor prices emerge. Though indeed classical political economists and early neoclassical economists failed to deliver an explicit theory of distributive justice, what Heath overlooks is that implicit to their understanding of the market process was an institutional theory of distributive justice. (shrink)

This article discusses the phase of education that precedes the undergraduate phase, drawing on Aristotle to outline a solution to the 'spoon-feeding-and-teaching-to-the-test' culture. It also says something about how philosophy, when included in this earlier phase of education, can address these problems.

.

Economic formalism crowds out the analysis of change and adjustments to change under capitalism. The style of analytical narrative that was practiced by the first generation of neoclassical economists, in contrast, is more productive of genuine economic understanding. Despite Daniel Haus‐man's challenging argument to the contrary, I maintain that Joseph Stiglitz's work is formalist at its core. While I agree with Robert Heilbroner's critique of contemporary economics, there is a limited sense in which nonformalist economics can rely on universalistic assumptions. (...) And Thomas Mayer has provided useful guidelines for focusing nonformalist analysis on real‐world economic problems. (shrink)

ECONOMICS AND INSTITUTIONS: A MANIFESTO FOR MODERN INSTITUTIONAL ECONOMICS by Geoffrey Hodgson Philadelphia: University of Pennsylvania Press, 1988. 365pp., $39.95 Traditional institutional economics argued that the methodological individualism of both classical and neoclassical economics was grounded in a false conception of human nature and a pre?scientific understanding of economic life. Geoffrey Hodgson has provided a restatement of this position and extended the institutionalist critique to modern developments within economics at both a positive and normative level. In the course of doing (...) so, Hodgson both draws on and differs from developments within modem Austrian economics. It is argued that Hodgson misunderstands key aspects of the Austrian project and as a result his indiscriminate criticisms of methodological individualism and classical liberalism are not convincing. (shrink)

Abstract:This essay argues that liberty generates progress via the generalized increasing returns to commercial activity. These increasing returns to expanding commercial activity follow from the gradual, cumulative process of institutionalizing particular liberties. As a society adopts an institutional framework from accumulated liberties, there is greater scope for productive specialization and social cooperation under the division of labor. Greater scope for market exchange also delivers social norms and commercial values that tolerate experimentation and innovation. Taken together, the accumulation and institutionalization of (...) liberties gives rise to generalized increasing returns to commercial activity. It is through this cumulative process that the creative powers of a free civilization are unleashed, delivering societies from poverty and subjugation. (shrink)

2. Daugman, J. G. Brain metaphor and brain theory 3. Mundale, J. Neuroanatomical Foundations of Cognition: Connecting the Neuronal Level with the Study of Higher Brain Areas.

This article takes as its starting point a recurring complaint in the popular reception of horror movies: that the characters in them behave foolishly. I argue that such complaints fail to recognize that the horror genre exploits a fundamental tension in fiction, between the perspective on a fictional world offered to its audience and that available to its characters. This distinction is highlighted in horror, which often depicts characters with everyday expectations facing extraordinary threats. Horror characters are frequently taken by (...) surprise, and even the better prepared can be thwarted by the malevolence of the generic world. The extent of characters’ misfortunes can resemble deliberate persecution, self-consciously flaunting authorial manipulation. I draw on Todorov’s notion of “pan-determinism” and suggest that a more sinister variant operates in horror. Occasionally, a character’s experiences can help equip them to survive; I argue that this can be inflected politically in films where the malevolent horror world is placed alongside forms of real-life persecution and abuse. Critical attention to the world of horror, and how it is understood from both the outside and within, can clarify the connections between different theoretical understandings of the genre and bring out important but overlooked generic conventions. (shrink)

This chapter argues that mental fictionalism can only be a successful account of our ordinary folk-psychological practices if it can in some way preserve its original function, namely its explanatory aspect. A too strong commitment to the explanatory role moves fictionalism unacceptably close to the realist or eliminativist interpretation of folk psychology. To avoid this, fictionalists must degrade or dispense with this explanatory role. This motivation behind the fictionalist movement seems to be rather similar to that of Sellars when he (...) came up with the Myth of Jones, his proto-theory of mental concepts. He was faced with the problem of preserving the explanatory status of mental concepts without turning them into proper theoretical entities. By introducing the Sellarsian proto-theory of concepts related to the mental and outlining its main points, this chapter aims to provide a critique of the two versions of mental fictionalism that are arguably the strongest: Adam Toon’s prop-oriented pretence theory and Tamás Demeter’s expressive storyism. (shrink)

Human engagement with nonhuman animals in motion pictures is a complex process that anthropomorphism and identification misconstrue. A superior model comes from cognitive theories of how spectators engage characters, particularly Smith , who suggests modifications to account for the nuances of spectator engagement with nonhuman animal characters. The central components of this amended model include the person schema, the three types of cues that films use to activate the person schema, and what Smith calls the "Structure of Sympathy." Such a (...) model enables us to understand better the role that moving image representations of nonhuman animals play in human-animal relationships. (shrink)

Following the October Revolution of 1917 the Bolsheviks embarked upon a series of initiatives in order to bring about a socialist economic order. Traditional accounts of these events?"War Communism?; and the New Economic Policy?are deficient in two respects. First, they do not consider the policy implications of early twentieth?century Marxism. Second, they do not appreciate the economic coordination problems such policies would, and did, encounter. As a result, the standard account of early Soviet socialism is distorted. This paper attempts to (...) rectify these deficiencies by discussing the Bolshevisks? own assessments of their purposes and exploring the consequences of their policies in the period 1918?1921. (shrink)

This volume critically explore and extend Hayek's Nobel Prize-winning work on knowledge and social interconnectedness from the disciplines of law, economics, philosophy, anthropology, political science, and history. Hayek's insights about knowledge become even more important once it is recognized that nothing in the social world occurs in isolation. There is no such thing as a distinct economic, political, or social sphere--they are inextricably intertwined. Given the range of both Hayek's work and the contributing authors' perspectives, the range of topics covered (...) in this volume is extraordinarily wide, running the gamut from immigration, to white supremacy, to ancient agricultural practices, to the nature of what it means to be free. (shrink)

It seems that an intuitive characterization of our emotional engagement with fiction contains a paradox, which has been labelled the ‘Paradox of Fiction’. Using insights into the nature of mental content gained from the disjunctive theory of perception I propose a novel solution to the Paradox, explained and motivated by reference to Kendall Walton’s influential account of fictionality. Using this insight I suggest that we can take the phenomenology of fictional engagement seriously in a way not allowed by Walton.

Hayek argued that the central question of economics is the coordination problem: How does the spontaneous interaction of many purposeful individuals, each having dispersed bits of subjective knowledge, generate an order in which the actors' subjective data are coordinated in a way that enables them to dovetail their plans and activities successfully? In attempting to solve this problem, Hayek outlined an approach to economic theorizing that takes seriously the limited, subjective nature of human knowledge. Despite purporting to have appropriated Hayek's (...) thought by acknowledging the information-transmitting role of prices, mainstream economists have missed Hayek's point. The predominant tool of formal economics—equilibrium analysis—begins by assuming the data held by actors to have been pre-reconciled, and so evades the problem to be solved. Even the more advanced tools for modeling knowledge in economic analysis, such as the economics of information, assume away either the subjectivism of knowledge and expectations (rendering the coordination of beliefs and plans a trivial matter) or the frictions and “imperfections” of reality (rendering the coordination problem indeterminate). (shrink)

In this highly accessible new introductory textbook, Pete Woodcock examines the fundamental questions of political theory. He takes students step-by-step through the most important answers given by history's most famous thinkers to the most essential questions in politics, on topics ranging from liberty and justice to gender and revolution.

In this paper, we reconsider the highly underrated Carnap–Sellars relationship, arguing that Sellars might be able to provide an interesting resolution to some of Carnap’s finest problems around explication by offering a grand-scale picture of science/common-sense or manifest interactions. The narrative developed here points toward the need for some stratification and re-evaluation of a field of scholarship that all too often still engages in challenging and contradictory dichotomies, undermining the genuine intentions of scholars who were collaborating with, as well as (...) living and researching in parallel with each other. We would like to explore what these figures can offer to each other, and whether, for example, a truly Sellarsian perspective could illuminate any problematic points in Carnap that have not yet been problematized by Carnapians but could still improve the original system. (shrink)

Offers advice and inspiration for cultivating hope and embracing God, looking at the healing that comes with hope and how it can transform entire lives.

Socialism is strictly “impossible.” Its impracticability is not, as Bryan Caplan has suggested, a “quantitative” matter, nor does he show that real‐world socialism's incentive problems outweighed its informational ones. Caplan's criticism of Ludwig von Mises's critique of the “possibility” of socialism fails to appreciate what he meant by “socialism” and misunderstands Mises's argument about economic calculation. History, too, suggests that socialism's informational deficiency was the most significant problem facing those who tried to implement socialism.

In this follow-up to How to Pray, Pete Greig turns his attention to one of the most pressing and perplexing questions of our time: How to Hear God. Writing with characteristic humor and humanity, he draws deeply from the rich insights of a range of Christian traditions, adding his own hard-won discoveries.

In lieu of an abstract, here is a brief excerpt of the content:Reviewed by:Hume’s Natural Philosophy and Philosophy of Physical Science by Matias SlavovKrisztián PeteMatias Slavov. Hume’s Natural Philosophy and Philosophy of Physical Science. London: Bloomsbury Academic, 2020. Pp. 216. Hardcover. ISBN 9781350087866, £95.Although the relationship between Hume and Newton is a recurring theme in the Hume literature, Matias Slavov’s book does not seek to contribute to the debate between the traditional (Hume imitated Newton’s natural philosophy) and the critical (Hume (...) intended his “science of Man” as the foundation of all other sciences) approaches regarding the nature of this relation. The book is intended to be a summary of Hume’s natural philosophy—or rather an aggregation of his comments on natural philosophical topics—pursued by exploring and analysing themes and issues that were prominent in the natural philosophy of the early modern period. In this respect it is a pioneering undertaking.Of course, Slavov does not claim in his book that Hume is a natural philosopher. “[F]irst and foremost... [h]e is not; for his main objective is to establish a new science of human nature” (1). But Slavov does claim that Hume’s natural philosophical views can be understood and valued in themselves and in the philosophical-scientific context of his time as well. The book is not a discussion of the natural philosophical dimensions of the “science of human nature,” but rather, of the natural philosophical views which are reconcilable with his main objective. In this respect, the book is not a methodological approach to Hume’s supposed natural philosophy, but a synthesis of certain elements of Hume’s philosophy that can feature in a consistent natural philosophy. Although his arguments are generally indirect and are more about what Hume seems to be committed to and what follows from his epistemological position rather than his actual positions, Slavov’s conclusions seem mostly convincing.Thus, Slavov’s point is not that the empiricist method is compatible in every detail with Newtonian mechanics, but rather that Hume seems to be committed more to a Cartesian natural philosophy. Slavov does not write about the possibility and significance of applying natural philosophical methods to moral philosophy; rather, he wants to build a complete philosophy of nature around some of Hume’s basic ideas to “fill the gap for a book on Hume’s relation to natural philosophy and philosophy of physical science” (2).The book has two “equally important aims” (ix): to shed more light onto Hume’s relationship to natural philosophy, and to demonstrate that physics and philosophy have overlapping domains. Hume was hardly concerned with physics, so Slavov’s strategy of defining natural philosophy as an overlap between physics and philosophy (chapter 1) does, to some extent, explain the lack of textual evidence in this area. The definition of natural philosophy chosen by Slavov is also intended to ensure [End Page 170] that these two goals are intertwined, since according to Slavov’s definition, natural philosophy is “a grey area between philosophy and physics” (12).Personally, I do not feel comfortable with this definition because it is not informative enough; it says that natural philosophy is more than modern physics (mathematized natural science), but it is not quite philosophy. While the first implication is very agreeable, and a number of scholars have addressed the issue, to assess the second implication, we would need to know exactly what philosophy is in this context. Perhaps the best candidate is metaphysics, even if Slavov keeps the reader somewhat in the dark on this point, despite the fact that chapter 2 is intended to establish precisely that point. Yet, the metaphysics of this period was usually (with the possible exception of Spinoza) used to support natural scientific explanations. I believe that natural philosophy is more than a “grey area” (9, 12, 22), or a contact zone; it is a complex enterprise that evolved in different forms with different emphases: Cartesian mechanics still sought to understand nature, pursuing the Aristotelian ideal of knowledge, albeit rejecting Aristotelian methods, while empiricists increasingly envisaged a more instrumentalist role for natural explanations. Newton himself was caught between the two.In this context it is intriguing whether Hume carries forward Berkeley... (shrink)

Socialism is strictly “impossible.” Its impracticability is not, as Bryan Caplan has suggested, a “quantitative” matter, nor does he show that real‐world socialism's incentive problems outweighed its informational ones. Caplan's criticism of Ludwig von Mises's critique of the “possibility” of socialism fails to appreciate what he meant by “socialism” and misunderstands Mises's argument about economic calculation. History, too, suggests that socialism's informational deficiency was the most significant problem facing those who tried to implement socialism.