This article examines the financial technology of derivatives. Derivatives are financial products whose values are based on possible fluctuations in the values of underlying assets. Hence derivatives markets are markets that trade in the risks of other markets. In order for derivatives markets to function, forms of prognostication that can assess the possible future fluctuations of the underlying markets are necessary. What such prognostications do, the article argues, is to create information out of future possibilities. Building upon a notion of (...) virtuality derived from Gilles Deleuze, Ulrich Beck and Niklas Luhmann, the article shows how market risks and uncertainties, by means of prognostications, cease to be mere possibilities and instead come to have virtual existence. Through the technology of derivatives, uncertainty and risk can be rendered virtual and be traded. The article suggests that this technology is an example of a new way in which capitalism is now expanding self-referentially as it creates markets out of markets; and of how it is colonizing the future by developing new technologies for ‘hyper-speculation’, that is, speculation not in the possible developments of a given asset but simply in the risk of such speculation. (shrink)

Inspired by Weber’s charismatic carrier groups, Eisenstadt coined the term institutional entrepreneur to capture the rare but epochal collective capable of reorienting a group’s value-orientations and transferring charisma, while making them an evolutionary force of structural and cultural change. As a corrective to Parsons’ abstract, ‘top-down’ theory of change, Eisenstadt’s theory provided historical context and agency to moments in which societies experienced qualitative transformation. The concept has become central to new institutionalism, neo-functionalism, and evolutionary-institutionalism. Drawing from the former two, a (...) more robust theory of institutional entrepreneurship from an evolutionary-institutionalist’s perspective is posited. In essence, entrepreneurs formulate institutional projects with dual logic: a collective side focused on innovation where efforts are directed towards organizational symbolic mechanisms of integration and a self-interested side directed towards resource independence, monopolization, mobility, and power-dependence. While outcomes vary based on numerous environmental factors, success leads to greater structural/symbolic independence and ability to reconfigure physical-temporal-social-symbolic space. (shrink)

Institutional differentiation has been one of the central concerns of sociology since the days of Auguste Comte. However, the overarching tendency among institutionalists such as Durkheim or Spencer has been to treat the process of differentiation from a macro, "outside in" perspective. Missing from this analysis is how institutional differentiation occurs from the "inside out, "or through the efforts and struggles of individual and corporate actors. Despite the recent efforts of the "new institutionalism" to fill in this gap, a closer (...) look at the literature will uncover the fact that (1) it has tended to conflate macro-level institutions and meso-level organizations and (2) this has led to a taken for granted approach to institutional dynamics. This article seeks to develop a general theory of institutional autonomy; autonomy is a function of the degree to which specialized corporate units are structurally and symbolically independent of other corporate units. It is argued herein that the process by which these "institutional entrepreneurs" become independent can explain how institutions become differentiated from the "inside out." Moreover, this article offers five dimensions that can be operationalized, measuring the degree to which institutions are autonomous. (shrink)

Argues that truth, moral right, political right, and aesthetic value may be understood as arising out of a naturalist account of humanity, if naturalism is rightly conceived.

Over the past few years postmodernism has been gaining popularity. Because the works of writers such as Jacques Derrida, Michel Foucault, Gilles Deleuze, Jacques Lacan, and Félix Guattari, for example, are now readily available to the English reader, a novel intellectual force is present that must be assessed (Hassan, 1985). Terms such as “mise en abîme”, “libido”, “schizo-analysis”, “undecidables”, and so forth must be explained and their relevance for social analysis deciphered. Furthermore, a conception of knowledge, a research methodology, and (...) an image of social order that are consistent with these somewhat odd ideas have been introduced, and thus must be evaluated with respect to their sociological importance. At first, due to the strange language that is adopted and the nature of the philosophy offered, postmodernism appears to the uninitiated as an attempt to subvert rational discussion. (shrink)

Business research and teaching institutions play an important role in shaping the way businesses perceive their relations to the broader society and its moral expectations. Hence, as ethical scandals recently arose in the business world, questions related to the civic responsibilities of business scholars and to the role business schools play in society have gained wider interest. In this article, I argue that these ethical shortcomings are at least partly resulting from the mainstream business model with its taken-for granted basic (...) assumptions such as specialization or the value-neutrality of business research. Redefining the roles and civic responsibilities of business scholars for business practice implies therefore a thorough analysis of these assumptions if not their redefinition. The taken-for-grantedness of the mainstream business model is questioned by the transformation of the societal context in which business activities are embedded. Its value-neutrality in turn is challenged by self-fulfilling prophecy effects, which highlight the normative influence of business schools. In order to critically discuss some basic assumptions of mainstream business theory, I propose to draw parallels with the corporate citizenship concept and the stakeholder theory. Their integrated approach of the relation between business practice and the broader society provides interesting insights for the social reembedding of business research and teaching. (shrink)

Why is it so plausible that business organisations in contemporary society use values in their communication? In order to answer this question, a sociological, system theoretical approach is applied which approaches values not pre-empirically as invisible drivers for action but as observable semantics that form organisational behaviour. In terms of empirical material, it will be shown that business organisations resort to a communication of values whenever uncertainty or complexity is very high. Inevitably, value semantics are applied in organisations first when (...) the speakers are uncertain about which stakeholders to whom they have to address (uncertainty) or when different stakeholder groups have to be addressed simultaneously (complexity); second, when the identity of the organisation has to be described; and third, when future strategic options that cannot be expressed by quantitative terms have to be communicated. Values accordingly play a role in organisational practice when certain aspects are indeterminate. Therefore, they are a means for organisations to communicate under fuzzy circumstances. On the basis of these findings, new approaches to value management can now be formulated. (shrink)

Of all contemporary social theorists, Luhmann has best understood the centrality of the concept of meaning to social theory and has most extensively worked out the notion's implications. However, despite the power of his theory, the theory suffers from difficulties impeding its reception. This article attempts to remedy this situation with some critical arguments and proposals for revision. First, the theory Luhmann adopted from biology as the basis of his own theory was a poor choice since that theory has no (...) explanatory power, being purely descriptive; furthermore, that theory is fundamentally flawed since it implies that viruses are impossible. Second, Luhmann's theory of meaning cannot coherently make the social domain autonomous as he desires since Luhmann does not take into account the distinction between syntax and semantics. By introducing this distinction, making clear that social systems consist of rules, not just communications, and raising the rule concept to the same prominence in social theory as those of actor and system, autonomy can be maintained while avoiding the counterintuitive aspects of Luhmann's theory. (shrink)

Alexandra Maryanski's cladistic analysis of the last common ancestor to humans and apes reveals biological propensities in hominoids for autonomy, individualism, and weak-tie formation. The evolution of emotional capacities in humans, and the neuroanatomical bases for these capacities, are viewed as representing one of the many compensatory mechanisms for overcoming the low sociality contained in humans’ape ancestry. Speculation on the selection forces involved in hominids’growing capacity to use complex arrays of emotions for mobilizing energy, attuning, sanctioning, moral coding, exchanging and (...) decision-making is conducted with an eye towards redirecting micro-level theorizing in sociology. (shrink)

This article claims that the study of irregular migration may be a strategic research material for the development of an adequate understanding of contemporary society. The field, however, suffers not only from a lack of reliable empirical data, but also from endemic undertheorizing. The article shows how the attempt to develop an understanding of irregular migration from within a general theory of modern society has positive consequences both for the clarification of the problems and for the design of research programs (...) able to deal adequately with the phenomena. Particularly, it is argued that a theory of modern society centered on its form of differentiation may help to clarify both the political dimension of contemporary international mobility, the variety of irregular statuses existing in the foreign population of receiving countries, and the condition of inclusion and exclusion of irregular migrants. (shrink)

This paper explores the constellation of fear and the social forces, assumptions and images that construct it. The paper’s underlying presupposition is that there are many locations for fear that run parallel to one another in modernity, one of which will be discussed here – the city. It begins by exploring two images and ideas of the city, around which the social theoretical tradition has revolved, both of which are linked in some way to the ideal of the metropolis and (...) the counter-ideal of the stranger. The stranger invariably accompanies the image of the city, as someone who comes to it from the outside. This co-existence between integration and the experience of being outside generates the inner tension or unease of city life, especially when we are all strangers. (shrink)

This paper proposes to analyse the process that makes paths of action meaningful. It argues that this process is one of ‘figuration’. The term ‘figuration’ intends to outline how the experience of moral meaning is one that already positively marks out a field and to identify and analyse the mechanisms used for such marking and selection. It is my contention that these mechanisms predate the persuasion to a moral path; they are the process through which this path is constructed as (...) meaningful. This thesis is elucidated through an analysis of the tactics of meaning in Kant’s moral theory. Kant turns to aesthetics as a means of corroboration for his moral theory, but he also attempts to limit the scope of the interactions between his aesthetic and moral theory. For instance, when he writes on the topic of form in aesthetic taste or outlines the technical specifications of aesthetic judgment, it is arguably the arcane peculiarities of his system that are met. For this reason, Kant insists on the merely analogical relations between beauty and morality. However, it is also possible to see how certain aspects of Kant’s aesthetic theory execute wider, and potentially more important, functions for his practical philosophy, such as providing meaningful orientation for the ascetic moral attitude of his duty-ethics. In this respect, certain figures of Kant’s aesthetic theory may well be viewed as complementing the dependence in his moral philosophy, in the important sections on moral pedagogy and methodology, on appeals to heroic models and stories as ways of shaping and inculcating the moral disposition. This paper considers these aspects of interaction between Kant’s aesthetic and moral philosophies as both 1) a problem for the consistency of his philosophy given his avowed exclusion of aesthetic and religious elements of meaning in his duty-ethics; and 2) as a case study for the new, schematic analysis of ‘moral figuration’ outlined in the paper. (shrink)

Can SRI be a means to make investors both virtuous and prosperous? This paper argues that there can be significant tensions between these goals, and that SRI (and indeed all investment) should not allow the pursuit of maximizing investment returns to prevail over an ethical agenda of promoting social and economic justice and environmental protection. The discourse on SRI has changed dramatically in recent years to the point where its capacity to promote social emancipation, sustainable development and other ethical goals (...) is in jeopardy. Historically, SRI was a boutique sector of the market dominated by religious-based investors who sought to invest in accordance with the tenets of their faith. From the early 1970s, the aspirations of the SRI movement morphed significantly in the context of the divestment campaign against South Africa's apartheid regime. No longer were social investors satisfied with just avoiding profit from immoral activities; instead, they also sought to change the behavior of others. Business case SRI is a problematic SRI benchmark for several reasons: often there is a countervailing business case for financing irresponsible activities, given the failure of markets to capture all social and environmental externalities; secondly, even if investors care about such concerns, there may be no means of financially quantifying their significance for investment purposes; and, thirdly, even if such factors can be financially quantified, they may be deemed to be such long-term financial costs or benefits that they become discounted and ignored. The ethics case for SRI and ethical business practices more generally takes the view that both investors and the companies they fund have ethical responsibilities that trump the pursuit of profit maximization. Ethical investment should be grounded on this foundation. However, it may not be enough. To keep ethical investment ethical will likely require institutionalizing new norms and governance standards, in such domains as reforming fiduciary duties and the internal governance of financial organizations. SRI's own codes of conduct including the UNPRI have yet to demonstrate the robustness to move the financial community beyond business as usual. (shrink)

Autopoietic theory is increasingly seen as a candidate for a radical theory of law, both in relation to its theoretical credentials and its relevance in terms of new and emerging forms of law. An aspect of the theory that has remained less developed, however, is its material side, and more concretely the theory’s accommodation of bodies, space, objects and their claim to legal agency. The present article reads Luhmann’s theory of autopoietic systems in a radical and material manner, linking it (...) on the one hand to current post-structural theorisations of law and society, and on the other hand extending its ambit to accommodate the influx of material considerations that have been working their way through various other disciplines. The latter comprises both a materialisation of the theory itself and ways of conceptualising the legal system as material through and through. This I do by further developing what I have called Critical Autopoiesis, namely an acentric, topological, post-ecological and posthuman understanding of Luhmann’s theory, that draws on Deleuzian thought, feminist theory, geography, non-representational theory, and new material and object-oriented ontologies. These are combined with some well-rehearsed autopoietic concepts, such as distinction, environment and boundaries; Luhmann’s earlier work on materiality continuum; more recent work on bodies and space; as well as his work on form and medium in relation to art. The article concludes with five suggestions for an understanding of what critical autopoietic materiality might mean for law. (shrink)

What is the distinctive trait of the Latin American pattern of modernization? In contrast to western societies, where the debate on modernization has been dominated by the Weberian thematic of bureaucratiz-ation, the most salient feature of the Latin American developmental path is the chronic frailty of legal-constitutional arrangements. In Latin America, the process of modernization and social differentiation has not been followed by the legal stabilization of social complexity but is characterized by a low degree of juridification and institutional precariousness. (...) Drawing on insights from both Luhmann's and Habermas' theories, the article provides a critical theoretical framework for the study of the peculiarities of the Latin American modernizing path. (shrink)

What is so special about science? Taking up the old epistemological challenge, this article seeks to rephrase the question of scientific autonomy beyond conventional essentialist criteria of demarcation between science and society. The specificity of science is primarily sought in its studied `lack of haste', its socially sanctioned withdrawal from the swift pace of everyday life and from `faster' cultures such a politics and business. This `unhastened' quality defines science's peculiar delaying tactics, which systematically slow down and objectify ordinary conversations, (...) actions, and conflicts, attracting `slow' personalities who read and write more and talk less than the `fast cats' who are attracted to more decisionist, stress-driven and hasty cultures. Such a description, rather than claiming performative innocence, simultaneously expresses the ambition to strengthen what it characterizes, i.e. to liberate science from the stress and haste which are increasingly imposed upon it by the `external' pressures and performance criteria of enterprise culture and political correctness, and by the growing impact of media publicity and the academic celebrity system. In this fashion, the article simultaneously advances a new factual description of the specificity of scientific practice and a new normative/political project to enhance scientific and intellectual autonomy. (shrink)

The Foundation for Legal Knowledge Systems (JURIX) has, sinceits foundation in 1988, become an internationally renowned forumfor Law and Artificial Intelligence in theNetherlands. This paper is based onan intellectual review of the work of JURIX requested by theorganisation as part of its 10th anniversary in December 1997 andpresented as a keynote address at the 10th anniversary conference.It has been updated to include the following two conferences. Itapplauds the overall effort but also suggests some directions forfuture development and suggests in particular:The (...) breadth of research has been commendable, butthere is a need to move towards greater integration of systems andmigration to internet based systems. (shrink)

Business research and teaching institutions play an important role in shaping the way businesses perceive their relations to the broader society and its moral expectations. Hence, as ethical scandals recently arose in the business world, questions related to the civic responsibilities of business scholars and to the role business schools play in society have gained wider interest. In this article, I argue that these ethical shortcomings are at least partly resulting from the mainstream business model with its taken-for granted basic (...) assumptions such as specialization or the value-neutrality of business research. Redefining the roles and civic responsibilities of business scholars for business practice implies therefore a thorough analysis of these assumptions if not their redefinition. The takenforgrantedness of the mainstream business model is questioned by the transformation of the societal context in which business activities are embedded. Its value-neutrality in turn is challenged by self-fulfilling prophecy effects, which highlight the normative influence of business schools. In order to critically discuss some basic assumptions of mainstream business theory, I propose to draw parallels with the corporate citizenship concept and the stakeholder theory. Their integrated approach of the relation between business practice and the broader society provides interesting insights for the social reembedding of business research and teaching. (shrink)

Much social theory takes for granted the core conceit of modern culture, that modern actors-individuals, organizations, nation states-are autochthonous and natural entities, no longer really embedded in culture. Accordingly, while there is much abstract metatheory about "actors" and their "agency," there is arguably little theory about the topic. This article offers direct arguments about how the modern (European, now global) cultural system constructs the modern actor as an authorized agent for various interests via an ongoing relocation into society of agency (...) originally located in transcendental authority or in natural forces environing the social system. We see this authorized agentic capability as an essential feature of what modern theory and culture call an "actor," and one that, when analyzed, helps greatly in explaining a number of otherwise anomalous or little analyzed features of modern individuals, organizations, and states. These features include their isomorphism and standardization, their internal decoupling, their extraordinarily complex structuration, and their capacity for prolific collective action. (shrink)

In this article, I critically analyze the anthropological foundation of the bioethics of philosopher Jean-François Malherbe, particularly as presented in his book, Pour une Éthique de la Médecine. Malherbe argues that such practices as organ donation and transplants, assisted reproduction, resuscitation, and other uses of biotechnologies in contemporary medicine are unethical because they go against essential human nature. Furthermore, he uses this position as a basis to prescribe public policy and institutional practice. In contrast, I argue not only that ‘human (...) nature’ is much more malleable and adaptive to changes in technology and society than Malherbe allows, but also that his criticisms of medicine and technoscientific development overstep the bounds of the social function of philosophical ethics, which is to inform and clarify public debate. Public policy and institutional practice is thus best left to the democratic political process under the parameters of the just rule of law. (shrink)

Reflection on the natural/artificial, real/imaginary, subjective/objective dicotomies is increasingly the subject of debate on systems of communication, which make more and more widespread use of expert and/or intelligent advanced technologies.This paper analyses different forms of communication operating in a socio-technical system. The analysis is concerned with changes in creativity and participation of the human being in the decision and production processes within various contexts of social life. It is thus important to verify the possibility of an interpolation between vital world, (...) social system, and information technologies in order to understand a possible interrelation between therational and therelational components in the presentsocio-technical system. (shrink)

A high level of complexity and a continuous and always changing relationship among its elements characterizes modern world society. As a result, a constant differentiation and specialization of diverging social fields aiming to reduce the uncertainty emerging from that complexity takes place. Paradoxically, as differentiation and specialization increase, they become a new source of uncertainty. In order to confront this self-producing ambiguity, some social operations develop structural interdependencies with a sufficient level of operational stability that distinguish them from their environment. (...) In this paper this is called contextual differentiation, i.e. the emergence of differentiated contexts of interaction, decision and symbolization that make possible a mutilayered concretization of social functions in supranational contexts. With regard to the differentiation of law, economy and sports this process is analyzed and illustrated in four case studies: the Bill & Melinda Gates Foundation, the Bank for International Settlements, FIFA, the game and its publics, and the international commercial arbitration. La sociedad mundial moderna se caracteriza por su alta complejidad, es decir, por la continuamente cambiante interrelación de sus elementos. El resultado de ello es una constante diferenciación y especialización de espacios sociales orientada a manejar la incertidumbre que esa complejidad genera. Paradójicamente, la diferenciación y especialización es nuevamente una fuente de complejidad. Para enfrentar esta ambigüedad auto-producida, determinadas operaciones sociales se distinguen por generar interdependencias estructurales que logran una estabilidad operacional suficiente para distinguirlas de su entorno. A ello se le denomina en este artículo diferenciación contextual, esto es, la emergencia de contextos diferenciados de interacción, decisión y simbolización que posibilitan una concretización múltiple de funciones sociales en espacios supranacionales. Esto se observa especialmente a propósito de la diferenciación del derecho, la economía y el deporte, y se ilustra con cuatro estudios de caso: la Bill & Melinda Gates Foundation, el Bank for International Settlements, la FIFA, el juego y sus públicos, y el arbitraje comercial internacional. (shrink)

This special issue assembles contributions from the global North and South to inquire into the future of the “social” from an interdisciplinary perspective, drawing on sociology, political science and law. What does “social” mean, and do social policy and the welfare state have a future in a global age? The issue is published on the occasion of the eightieth birthday of Franz-Xaver Kaufmann, who is considered the doyen of the sociology of social policy in Germany.

Recent literature on the ‘exclusions’ of the modern nation-state has missed a major transformation in the legitimate mode of excluding, from group to individual-based. This transformation is explored in a discussion of universalistic trends in contemporary Western states’ immigration and citizenship policies. Conflicting with the notion of a ‘nation-state’ owned by a particular ethnic group or nation, these trends are better captured in terms of a ‘liberal state’ that has self-limited its sovereign prerogatives by constitutional principles of equality and individual (...) rights. (shrink)

It is by now well known that the modern category of religion has evolved as part of a certain trajectory of Western history. Among its many aspects, this trajectory is about how religion became part of a definitive relationship with the category of the secular – a relationship that implies an understanding of religion as something distinct – and ideally # – from other categories such as science, politics, and law. The place of the category of religion as part of (...) this semantic as well as institutional landscape of separations makes it relevant to probe the possible consequences for sociology, if we are, as some scholars have argued, living in contexts which are increasingly post-secular. What happens, then, to the object – as well as the self-identity – of the study of religion? This article discusses some of the possible epistemological shifts inherent in the idea of a movement from secular to post-secular and it will reflect upon the possible avenues they open up for the sociological study of religion. (shrink)

This paper explores foreign travel as an affective experience, embodied practice and form of learning. Drawing on ethnographic fieldwork on tourism and pilgrimage in the Himalayan region, the phenomenological notions of “home world” and “alien world” are employed to discuss how perceptions of strangeness and everyday practices are shaped by enculturation and socialisation processes. It is shown that travellers bring the habitus and doxa acquired in the home world to foreign situations, where these embodied knowledge schemes and abilities for skilful (...) coping can break down. In a home world, cultural patterns offer actors “trustworthy recipes for interpreting the social world” that allow everyday experience to go largely unnoticed and unquestioned. In alien worlds, however, travellers – as strangers – encounter differences and disturbances that disrupt experience and cause things normally overlooked to become “lit up”. Using Husserlian and Heideggerian notions of “light breaks” and Dewey's theory of challenge, the author argues that foreign travel generates a form of embodied learning. This occurs first on the level of the pre-reflexive body that is affected and solicited by the new and unfamiliar demands of an alien world. Ultimately, through continuous adjustment of habits and practices in foreign environments, an embodied cosmopolitanism is generated via accumulated travel experience. This calls attention to the role of the lived body in travel experience, as well as the role of place and environment in shaping human practices, perceptions and modes of dwelling. (shrink)

Robert Dahl's democratic theory has been remarkably consistent over the course of his long career. While Dahl has maintained a markedly un‐romantic view of modern democracy, and can best be read as an immanent critic of its liberal variant, he has steadily clung to certain radical aspirations, even as their prospects have waned. Dahl's often‐unnoticed radicalism lies in his desire to see democracy break out of the institutional bonds of the liberal state. Reviewing his career forces one to consider the (...) ultimately Utopian character of his quiet radicalism and the significance of its apparent failure. Paradoxically, Dahl's call for the extension of democracy into the economic sphere would be less Utopian if it were more radical at its foundation—that is, if his basic premises would lead him to seriously question citizens’ existing preferences. (shrink)

This article discusses symmetry as an analytical tool for sociological analysis. Symmetry is presented as a property of social formations and a way to generate information about them through their mutual comparisons. The concept thus displaces the old dichotomy between individual and society. The latter forces to think in terms of wholes and parts, unduly limiting the possibilities at hand by keeping individuals as prisoners of societies, as it were. Symmetry opens the door for more alternatives by making room for (...) more social formations at the same time. To develop this concept, the article turns to both Niklas Luhmann’s systems theory and Harrison White’s network theory which are presented as enacting an “order from noise” approach (as opposed to an “order from order” approach). The article then reconstructs a whole spectrum going from social formations at a high level of symmetry to social formations at a low level of symmetry. At the first end, we have social formations like groups that define the identities of persons (or even define persons as identities). At the other end, we have entire functional sectors (like politics, science, law, economy, etc.) whose chief characteristic is to be asymmetric to each other (so that doing politics, for instance, is unlike doing science and vice-versa). (shrink)

The ArgumentThe impressive growth of the Swiss electricity supply industry in the late nineteenth cestury has usually been explained by Switzerland's abundant waterpower resouces, its well-equipped financial markets, and the mechanical skills of its Swiss workers and engineers. This article does not aim to deny the importance of these factors. Rather it seeks to explain how they developed synergetic effects and how they were knit together. The argument is put forward in three steps: First, I show the importance of the (...) new technology's discursive integration, arguing that the development of specialized electric discourse led to a social shaping of technology that was highly compatible with generalized cultural patterns of late nineteenth-century Swiss society. The expressive dispositions and instituted means of expression that constitiute the elextric discourse were constantly pursuing and achieving effective resonances in other discursive fields. This allowed for a solid integration of the electrotechnical discourse in late nineteenth-century Swiss society.Second, I argue that electrotechnology was modeled in such a way that it became coupled with existing technological practices, such as the national mapping endeavor, the urban gas and water supply, the sewer system, and the telegraphic networks. It is noteworthy that making electrotechnology compatible with other technological practices led not only to similar patterns in the design and management of both the old and the new technologies but also to operated with the existing water supply station.Using the example of the electrification of Zurich, I then, in a third step, combine the two elements – discursive accommodation and practical assimilation – to demonstrate their effects on the selection and construction of technology. The article's somewhat complex argumentative strategy allows for a differentiated interpretation of the phenomenon and shows the importance of taking into consideration the sociocultural dimension of economic growth that had its roots in the diffusion of a new technology. (shrink)

Why is it so plausible that business organisations in contemporary society use values in their communication? In order to answer this question, a sociological, system theoretical approach is applied which approaches values not pre-empirically as invisible drivers for action but as observable semantics that form organisational behaviour. In terms of empirical material, it will be shown that business organisations resort to a communication of values whenever uncertainty or complexity is very high. Inevitably, value semantics are applied in organisations first when (...) the speakers are uncertain about which stakeholders to whom they have to address or when different stakeholder groups have to be addressed simultaneously ; second, when the identity of the organisation has to be described; and third, when future strategic options that cannot be expressed by quantitative terms have to be communicated. Values accordingly play a role in organisational practice when certain aspects are indeterminate. Therefore, they are a means for organisations to communicate under fuzzy circumstances. On the basis of these findings, new approaches to value management can now be formulated. (shrink)

Every time another corporate scandal captures media headlines, the ‘bad apple vs. bad barrel’ discussion starts anew. Yet this debate overlooks the influence of the broader societal context on organizational behavior. In this article, we argue that misbehaviors of organizations (the ‘barrels’) and their members (the ‘apples’) cannot be addressed properly without a clear understanding of their broader context (the ‘larder’). Whereas previously, a strong societal framework dampened the practical application of the Homo economicus concept (business actors as perfectly rational (...) and egocentric utility-maximizing agents without any moral concern), specialization, individualization and globalization led to a business world disembedded from broader societal norms. This emancipated business world promotes a literal interpretation of Homo economicus among business organizations and their members. Consequently, we argue that the first step toward ‘healthier’ apples and barrels is to sanitize the larder, that is, adapt the framework in which organizations and their members evolve. (shrink)

Every time another corporate scandal captures media headlines, the ‘bad apple vs. bad barrel’ discussion starts anew. Yet this debate overlooks the influence of the broader societal context on organizational behavior. In this article, we argue that misbehaviors of organizations (the ‘barrels’) and their members (the ‘apples’) cannot be addressed properly without a clear understanding of their broader context (the ‘larder’). Whereas previously, a strong societal framework dampened the practical application of the Homo economicus concept (business actors as perfectly rational (...) and egocentric utility‐maximizing agents without any moral concern), specialization, individualization and globalization led to a business world disembedded from broader societal norms. This emancipated business world promotes a literal interpretation of Homo economicus among business organizations and their members. Consequently, we argue that the first step toward ‘healthier’ apples and barrels is to sanitize the larder, that is, adapt the framework in which organizations and their members evolve. (shrink)

The ArgumentI argue that “social epistemology” can be usefully reformulated as a philosophy of science accounting, specifically one that fosters a critical form of instrumental rationality. I begin by observing that philosophical and sociological species of “science accountancy” can be compared along two dimensions; constructive versus deconstve; reflexive versus unreflexive. The social epistemologist proposes a constructive and reflixive accounting for science. This possibility has been obscured, probably because of the persuasiveness of the Frankfulrt School's portrayal of “critical” and “instrumental” rationalities (...) as polar opposites. In challenging this polarity, I present four “acciybtability conditions” that define pure critico-instrumental rationality. These conditions are most likely to be met during a period of“crisis” in the future direction of science. The bulk of the paper concerns case study of such a crisis that enables us to examine contrasting ways of meeting the four conditions. Ernst Mach and Max Planck debated“the end of science” in the first decade of this century, a time marked by both science's increasing involvement in the means of social reproduction and prowing concern that science pursued for its own sake was exhibiting diminishing margianl returns on investment. In analyzing Planck's victory, I conclude that its tegacy has been an ever-widenig gap between the“content” and“function” of scientific knowledge in society, as measured by the increasing numbers of jobs that are devoted to mediating the production and distribution of knowledge. (shrink)

This article proposes complementing actor-network theory (ANT) with Niklas Luhmann’s communication theory, in order to overcome one of ANT’s major shortcomings, namely, the lack of a conceptual repertoire to describe virtual processes such as sense-making. A highly problematic consequence of ANT’s actualism is that it cannot explain the differentiation of economic, legal, scientific, touristic, religious, medical, artistic, political and other qualities of actual entities, assemblages and relationships. By recasting Luhmann’s theory of functionally differentiated communication forms and sense-making as dealing with (...) different types of virtual attractors calling for actualizations in concrete assemblages, I propose a symmetrical understanding of societal differentiation processes as based on the co-production of virtual attractors and actual assemblages. (shrink)

Social systems theory has been dominated in recent years by the work of Niklas Luhmann, but there is another strand of systems thinking, which is receiving increasing attention in sociology: emergentism. For emergentism, the core problems of systems thinking are concerned with causation and reductionism; for Luhmann, they are questions of meaning and self-reference. Arguing from an emergentist perspective, the article finds that emergentism addresses its own core problem successfully, while Luhmann's approach is incapable of resolving questions of causation and (...) reductionism. On the other hand, neither paradigm yet has a convincing response to the challenges of meaning and self-reference. Key Words: social systems • emergence • paradigms • autopoiesis • critical realism. (shrink)