Three facts are widely thought to be key to the characterization of human cognitive uniqueness (though a number of other factors are often cited as well): (a) humans are sophisticated cultural learners; (b) humans often rely on mental states with rich representational contents; and (c) humans have the ability and disposition to make and use tools. This article argues that (a)–(c) create a positive feedback loop: Sophisticated cultural learning makes possible the manufacture of tools that increase the sophistication of representational (...) decision-making, which in turn allows for yet further increases in the sophistication of cultural learning and tool manufacture. (shrink)

In a number of very influential publications, Epstein and Hoover (among other authors) have recently argued that a thoroughly micro-foundationalist approach towards economics is unconvincing for metaphysical reasons. However, as we show in this article, this metaphysical/social ontological approach to the debate fails to resolve the status of micro-foundations in the practice of economic modelling. To overcome this, we argue that endogenizing a model—that is, providing micro-foundations for it—correlates with making that model more complex. Specifically, we show that models with (...) more micro-foundations tend to have more parameters or variables. This matters, as there are well-established methodological reasons for preferring models with fewer parameters or variables—ceteris paribus. We therefore conclude that, from a practice-based point of view, micro-foundations are only defensible to the extent that they significantly improve the ability of the relevant model to fit the data of interest. In this way, we arrive at a practice-based, methodological reconceptualization of the debate surrounding the need for micro-foundations in economics. (shrink)

This book is the first systematic treatment of the philosophy of science underlying evolutionary economics. It does not advocate an evolutionary approach towards economics, but rather assesses the epistemic value of appealing to evolutionary biology in economics more generally. The author divides work in evolutionary economics into three distinct, albeit related, forms: a structural form, an evidential form, and a heuristic form. He then analyzes five examples of work in evolutionary economics falling under these three forms. For the structural form, (...) he examines the parallelism between natural selection and economic decision making, and the parallelism between natural selection and market competition. For the evidential form, he looks at the relationship between animal and human economic decision making, and the evolutionary explanation of diversity in human economic decision making. Finally, for the heuristic form, he focuses on the plausibility of equilibrium modeling in evolutionary ecology and economics. In this way, he shows that linking evolutionary biology and economics can make for a powerful methodological tool that can enable progress in our understanding of various economics questions. Structure, Evidence, and Heuristic will be of interest to scholars and advanced students working in philosophy of science, philosophy of social science, evolutionary biology, and economics. (shrink)

In their book Unto Others, Sober and Wilson argue that various evolutionary considerations (based on the logic of natural selection) lend support to the truth of psychological altruism. However, recently, Stephen Stich has raised a number of challenges to their reasoning: in particular, he claims that three out of the four evolutionary arguments they give are internally unconvincing, and that the one that is initially plausible fails to take into account recent findings from cognitive science and thus leaves open a (...) number of egoistic responses. These challenges make it necessary to reassess the plausibility of Sober & Wilson’s evolutionary account—which is what I aim to do in this paper. In particular, I try to show that, as a matter of fact, Sober & Wilson’s case remains compelling, as some of Stich’s concerns rest on a confusion, and those that do not are not sufficiently strong to establish all the conclusions he is after. The upshot is that no reason has been given to abandon the view that evolutionary theory has advanced the debate surrounding psychological altruism. (shrink)

Finding out why we have beliefs and desires is important for a thorough understanding of the nature of our minds (and those of other animals). It is therefore unsurprising that several accounts have been presented that are meant to answer this question. At least in the philosophical literature, the most widely accepted of these are due to Kim Sterelny and Peter Godfrey-Smith, who argue that beliefs and desires evolved due to their enabling us to be behaviourally flexible in a way (...) that reflexes do not—which, they claim, is beneficial in epistemically complex environments. However, as I try to make clear in this paper, upon closer consideration, this kind of account turns out to be theoretically implausible. In the main, this is because it fails to give due credit to the powers of reflex-driven organisms, which can in fact be just as flexible in their behaviour as ones that are belief/desire-driven. In order to improve on this account, I therefore propose that beliefs and desires evolved, not due to their enabling us to do something completely different from what reflexive organisms can do, but rather due to their enabling us to do the same things better. Specifically, I argue that beliefs and desires evolved for making the generation of behaviour more efficient, since they can simplify the necessary cognitive labour considerably. I end by considering various implications of this account. (shrink)

I critically discuss a recent innovation in the debate surrounding the plausibility of rational choice theory : the appeal to evolutionary theory. Specifically, I assess Gigerenzer and colleagues’ claim that considerations based on natural selection show that, instead of making decisions in a RCT-like way, we rely on ‘simple heuristics’. As I try to make clearer here, though, Gigerenzer and colleagues’ arguments are unconvincing: we lack the needed information about our past to determine whether the premises on which they are (...) built are true—and, hence, we cannot tell whether they, in fact, speak against RCT. (shrink)

recent defence of the massive modularity thesis. However, as this paper seeks to show, there are major flaws in its structure. If construed deductively, it is unsound: modular mental architecture is not necessarily the best architecture, and even if it were, this alone would not show that this architecture evolved. If construed inductively, it is not much more convincing, as it then appears to be too weak to support the kind of modularity Carruthers is concerned with. The upshot of this (...) is that whatever reason we might have for believing that the mind is massively modular, it is not based on the argument from design. Introduction Carruthers’ Argument from Design Modularity and Optimality: Problems for the Deductive Argument from Design Degrees of Modularity: Problems for the Inductive Argument from Design Conclusion CiteULike Connotea Del.icio.us What's this? (shrink)

The ‘argument from design’ plays a pivotal role in Carruthers’ recent defence of the massive modularity thesis. However, as this paper seeks to show, there are major flaws in its structure. If construed deductively, it is unsound: modular mental architecture is not necessarily the best architecture, and even if it were, this alone would not show that this architecture evolved. If construed inductively, it is not much more convincing, as it then appears to be too weak to support the kind (...) of modularity Carruthers is concerned with. The upshot of this is that whatever reason we might have for believing that the mind is massively modular, it is not based on the argument from design. (shrink)

We argue that the robustness analysis of idealized models can have confirmational power. This responds to concerns recently raised in the literature, according to which the robustness analysis of models whose idealizations are not discharged is unable to confirm the causal mechanisms underlying these models, and the robustness analysis of models whose idealizations are discharged is unnecessary. In response, we make clear that, where idealizations sweep out, in a specific way, the space of possibilities— which is sometimes, though not always, (...) the case—they can be holistically discharged. In turn, this can be used to show that the robustness analysis of idealized models can have confirmational force after all. (shrink)

We argue that there are two different kinds of altruistic motivation: classical psychological altruism, which generates ultimate desires to help other organisms at least partly for those organisms’ sake, and nonclassical psychological altruism, which generates ultimate desires to help other organisms for the sake of the organism providing the help. We then argue that classical psychological altruism is adaptive if the desire to help others is intergenerationally reliable and, thus, need not be learned. Nonclassical psychological altruism is adaptive when the (...) desire to help others is adaptively learnable. This theory opens new avenues for the interdisciplinary study of psychological altruism. (shrink)

A number of scholars have recently defended the claim that there is a close connection between the evolutionary biological notion of fitness and the economic notion of utility: both are said to refer to an organism’s success in dealing with its environment, and both are said to play the same theoretical roles in their respective sciences. However, an analysis of two seemingly disparate but in fact structurally related phenomena—‘niche construction’ (the case where organisms change their environment to make it fit (...) to their needs) and ‘adaptive preferences’ (the case where agents change their wants to make them fit to what the world has given them)—shows that one needs to be very careful about the postulation of this sort of fitness–utility connection. Specifically, I here use the analysis of these two phenomena to establish when connecting fitness and utility is and is not possible. (shrink)

I distinguish two versions of kin selection theory—a purely genetic version and a version that also appeals to cultural forms of cooperation —and present an argument in favor of using the former when it comes to accounting for the evolution of cooperation in non-human organisms. Specifically, I first show that both GKST and WKST are equally mathematically coherent—they can both be derived from the Price equation—but not necessarily equally empirically plausible, as they are based on different assumptions about the inheritance (...) system underlying the cooperative phenotype. Given this, I then, second, present a model selection theoretic argument in favor of GKST over WKST. This argument is based on the fact that, in non-human cases, the former theory is likely to be as empirically successful as WKST, while containing fewer degrees of freedom. I end by defending both the intrinsic importance of this argument and its relevance to the discussion surrounding the “gene’s eye view of evolution.”. (shrink)

In this paper, I consider the recent resurgence of “evolutionary economics”—the idea that evolutionary theory can be very useful to push forward key debates in economics—and assess the extent to which it rests on a plausible foundation. To do this, I first distinguish two ways in which evolutionary theory can, in principle, be brought to bear on an economic problem—namely, evidentially and heuristically—and then apply this distinction to the three major hypotheses that evolutionary economists have come to defend: the implausibility (...) of rational choice theory as an account of economic rationality, the idea that firms are autonomous economic agents, and the need for a more dynamic, less equilibrium-focused economic methodology. In each of these cases, I conclude negatively: the relevant evolutionary considerations neither suggest interesting and novel hypotheses to investigate further nor are backed up by the needed data to constitute genuine evidence. I end by distinguishing this criticism of evolutionary economics from others that have been put forward in the literature: in particular, I make clear that, unlike those of other critics, the arguments of this paper are based on epistemic—not structural—considerations and therefore leave more room for a plausible form of evolutionary economics to come about in the future. (shrink)

A key component of much current research in behavioral ecology, cognitive science, and economics is a model of the mind at least partly based on beliefs and desires. However, despite this prevalence, there are still many open questions concerning both the structure and the applicability of this model. This is especially so when it comes to its ‘desire’ part: in particular, it is not yet entirely clear when and why we should expect organisms to be desire-based—understood so as to imply (...) that they consult explicit tokenings of what they ought to do—as opposed to being drive-based—understood so as to imply that they react to the world using behavioral reflexes. In this paper, I present the beginnings of an answer to this question. To do this, I start by showing that an influential recent attempt to address these issues—due to Kim Sterelny—fails to be fully successful, as it does not make sufficiently clear what the relative benefits and disadvantages of drive-based and desire-based cognitive architectures are. I then present an alternative account of this matter based on the idea that organisms that can follow explicit behavioral rules (i.e. which have desires) avoid having to memorize a large set of state of the world–action connections—which can (though need not) be adaptive. Finally, I apply this account to the question of what the cognitive value of mental representations should be seen to be; here, I conclude that—contrary to some recent claims—relying on mental representations can make decision making easier, not harder, but also that—in line with these recent claims—whether it does so depends on the details of the case. (shrink)

A recent trend in economics has been to appeal to evolutionary theory when addressing various open questions in the subject. I here further investigate one particular such appeal to evolutionary biology: the argument that, since markets select firms as coherent units, firms should be seen to be genuine economic agents. To assess this argument, I present a model of firm/office selection in a competitive market, and show that there are cases where markets can select for firms/offices as collective units – (...) and thus, as agents of their own – but also that there are cases where they do not. In this way, I try to make the evolutionary argument for the agency-based view of the firm more precise. (shrink)

Several authors have recently argued that the excessive focus on equilibrium models in mainstream economic analysis prevents economists from providing accurate representations of the complex and dynamic nature of real economic systems. In response, this paper argues the following. Many economic systems are the products of deliberate and centralized human design. People can and do build and support structures, such as social institutions, aiming to enhance the predictability of economic systems, and thus to move them toward being equilibrium systems. This (...) provides a reason to think that many economic systems can be represented by equilibrium models. (shrink)

A key component of much current research in behavioral ecology, cognitive science, and economics is a model of the mind at least partly based on beliefs and desires. However, despite this prevalence, there are still many open questions concerning both the structure and the applicability of this model. This is especially so when it comes to its ‘desire’ part: in particular, it is not yet entirely clear when and why we should expect organisms to be desire-based—understood so as to imply (...) that they consult explicit tokenings of what they ought to do—as opposed to being drive-based—understood so as to imply that they react to the world using behavioral reflexes. In this paper, I present the beginnings of an answer to this question. To do this, I start by showing that an influential recent attempt to address these issues—due to Kim Sterelny—fails to be fully successful, as it does not make sufficiently clear what the relative benefits and disadvantages of drive-based and desire-based cognitive architectures are. I then present an alternative account of this matter based on the idea that organisms that can follow explicit behavioral rules avoid having to memorize a large set of state of the world–action connections—which can be adaptive. Finally, I apply this account to the question of what the cognitive value of mental representations should be seen to be; here, I conclude that—contrary to some recent claims—relying on mental representations can make decision making easier, not harder, but also that—in line with these recent claims—whether it does so depends on the details of the case. (shrink)

While corruption has long been recognized as a major social problem, only relatively recently has the importance of a specific institutional form of corruption been noted. However, despite the fact that institutional corruption has come to be seen as very important, it remains a challenge to specify exactly what makes something a case of institutional corruption. To overcome this challenge, this paper argues that institutional corruption is the result of an individual or collective agent acting in ways that prevent a (...) social institution from partially or fully fulfilling its function. In turn, the function of a social institution is spelled out in line with what is shown to be the most compelling account of social functionalism in the literature: Presentist Social Functionalism. Presentist Social Functionalism sees the function of a social institution as those of its features that increase its expected reproductive or survival success in the current socio-cultural environment. This theory of institutional corruption is shown to have a number of highly desirable features: it is general, fully spelled out, situated in a wider functionalist approach towards the social sciences, and does justice to the complexity of institutional corruption. (shrink)

This paper defends the communitarian account of meaning against Boghossian’s (Wittgensteinian) arguments. Boghossian argues that whilst such an account might be able to accommodate the infinitary characteristic of meaning, it cannot account for its normativity: he claims that, since the dispositions of a group must mirror those of its members, the former cannot be used to evaluate the latter. However, as this paper aims to make clear, this reasoning is fallacious. Modelling the issue with four (justifiable) assumptions, it shows that (...) Condorcet’s ‘Jury Theorem’ can be used to prove that the dispositions of the majority of the members of a group can differ from those of any individual member in a way that makes it possible to use communal dispositions as a standard with which individual dispositions can be assessed. Moreover, the argument of the paper is also shown to have general implications for the use of formal methods in the explanation of the nature of certain fallacious inferences. (shrink)

I develop a distinction between two types of psychological hedonism. Inferential hedonism (or “I-hedonism”) holds that each person only has ultimate desires regarding his or her own hedonic states (pleasure and pain). Reinforcement hedonism (or “R–hedonism”) holds that each person's ultimate desires, whatever their contents are, are differentially reinforced in that person’s cognitive system only by virtue of their association with hedonic states. I’ll argue that accepting R-hedonism and rejecting I-hedonism provides a conciliatory position on the traditional altruism debate, and (...) that it coheres well with the neuroscientist Anthony Dickinson’s theory about the evolutionary function of hedonic states, the “hedonic interface theory.” Finally, I’ll defend R-hedonism from potential objections. (shrink)

Abstract:I address an overlooked question about the structure of the cognitive/conative model of the mind that underlies much of the work in economics, psychology and philosophy: namely, whether conative states are fundamentally monistic (desire-like) or comparative (preference-like). I argue that two seemingly promising sets of theoretical considerations – namely, the structure of Rational Choice Theory, and considerations of computational efficiency – are unable to resolve this debate. Given this, I suggest that a consideration that speaks in favour of the preference-based (...) view is the fact that it makes it easier to explain certain empirically observed patterns in decision making. (shrink)

Forms of racial cognition begin early: from about 3 months onwards, many human infants prefer to look at own-race faces over other-race faces. What is not yet fully clear is what the psychological mechanisms are that underlie racial thoughts at this early age, and why these mechanisms evolved. In this paper, we propose answers to these questions. Specifically, we use recent experimental data and evolutionary biological insights to argue that early racial cognition is simply the result of a “facial familiarity (...) mechanism”: a mental structure that leads infants to attend to faces that look similar to familiar faces, and which probably has evolved to track potential caregivers. We further argue that this account can be combined with the major existing treatments of the evolution of racial cognition, which apply to adult humans. The result is a heterogeneous picture of racial thought, according to which early and later racial cognition result from very different psychological mechanisms. (shrink)

Key Terms in Logic offers the ideal introduction to this core area in the study of philosophy, providing detailed summaries of the important concepts in the study of logic and the application of logic to the rest of philosophy. A brief introduction provides context and background, while the following chapters offer detailed definitions of key terms and concepts, introductions to the work of key thinkers and lists of key texts. Designed specifically to meet the needs of students and assuming no (...) prior knowledge of the subject, this is the ideal reference tool for those coming to Logic for the first time. (shrink)

Key Terms in Logic offers the ideal introduction to this core area in the study of philosophy, providing detailed summaries of the important concepts in the study of logic and the application of logic to the rest of philosophy. A brief introduction provides context and background, while the following chapters offer detailed definitions of key terms and concepts, introductions to the work of key thinkers and lists of key texts. Designed specifically to meet the needs of students and assuming no (...) prior knowledge of the subject, this is the ideal reference tool for those coming to Logic for the first time. (shrink)

Key Terms in Logic offers the ideal introduction to this core area in the study of philosophy, providing detailed summaries of the important concepts in the study of logic and the application of logic to the rest of philosophy. A brief introduction provides context and background, while the following chapters offer detailed definitions of key terms and concepts, introductions to the work of key thinkers and lists of key texts. Designed specifically to meet the needs of students and assuming no (...) prior knowledge of the subject, this is the ideal reference tool for those coming to Logic for the first time. (shrink)

Recent anthropological, archaeological, and psychological findings support the view that humans have long been driven by a deep sense of curiosity that needs little if any special external material reward. Apart from being inherently interesting, these findings also turn out to have some wide-ranging consequences for central debates in other social sciences—such as economics. In particular, it is still often thought that, without extensive patent protections, economic actors lack the incentive to engage in innovative activity. However, as this chapter makes (...) clear, the recent anthropological, archaeological, and psychological findings concerning human curiosity provide compelling reasons for thinking that this material interest-based view of innovative activity is unconvincing. In this manner, the chapter has two key upshots: first and most importantly, it shows how and why paying attention to anthropological, archaeological, and psychological findings can have wide-ranging implications throughout the social sciences. Second, it develops reasons for being skeptical about the need for the kinds of extensive patent regimes seen in many countries. (shrink)

Key Terms in Logic offers the ideal introduction to this core area in the study of philosophy, providing detailed summaries of the important concepts in the study of logic and the application of logic to the rest of philosophy. A brief introduction provides context and background, while the following chapters offer detailed definitions of key terms and concepts, introductions to the work of key thinkers and lists of key texts. Designed specifically to meet the needs of students and assuming no (...) prior knowledge of the subject, this is the ideal reference tool for those coming to Logic for the first time. (shrink)

Key Terms in Logic offers the ideal introduction to this core area in the study of philosophy, providing detailed summaries of the important concepts in the study of logic and the application of logic to the rest of philosophy. A brief introduction provides context and background, while the following chapters offer detailed definitions of key terms and concepts, introductions to the work of key thinkers and lists of key texts. Designed specifically to meet the needs of students and assuming no (...) prior knowledge of the subject, this is the ideal reference tool for those coming to Logic for the first time. (shrink)

Key Terms in Logic offers the ideal introduction to this core area in the study of philosophy, providing detailed summaries of the important concepts in the study of logic and the application of logic to the rest of philosophy. A brief introduction provides context and background, while the following chapters offer detailed definitions of key terms and concepts, introductions to the work of key thinkers and lists of key texts. Designed specifically to meet the needs of students and assuming no (...) prior knowledge of the subject, this is the ideal reference tool for those coming to Logic for the first time. (shrink)

David Buss’s Sexual Strategies Theory is one of the major evolutionary psychological research programmes, but, as I try to show in this paper, its theoretical and empirical foundations cannot yet be seen to be fully compelling. This lack of cogency comes about due to Buss’s failure to attend to the interactive nature of his subject matter, which leads him to overlook two classic and well known issues of game theoretic and evolutionary biological analysis. Firstly, Buss pays insufficient attention to the (...) fact that, since mate choice is a cooperative decision, what is adaptive for the two sexes individually is irrelevant to the evolutionary explanation of our sexual strategies; instead, all that matters is what is adaptive given the choices made by the other sex. Secondly, Buss does not pay enough attention to the difference between polymorphic and monomorphic evolutionarily stable states in his attempt to empirically confirm his theory. Because of this, the data he presents and analyses are unable to show that natural selection is the most important element in the explanation of the origins of our sexual strategies. In this way, I try to make clear that, at least as things stand now, Buss has failed to provide compelling grounds for thinking that Sexual Strategies Theory can make a major contribution to human psychology. (shrink)

Key Terms in Logic offers the ideal introduction to this core area in the study of philosophy, providing detailed summaries of the important concepts in the study of logic and the application of logic to the rest of philosophy. A brief introduction provides context and background, while the following chapters offer detailed definitions of key terms and concepts, introductions to the work of key thinkers and lists of key texts. Designed specifically to meet the needs of students and assuming no (...) prior knowledge of the subject, this is the ideal reference tool for those coming to Logic for the first time. (shrink)

Key Terms in Logic offers the ideal introduction to this core area in the study of philosophy, providing detailed summaries of the important concepts in the study of logic and the application of logic to the rest of philosophy. A brief introduction provides context and background, while the following chapters offer detailed definitions of key terms and concepts, introductions to the work of key thinkers and lists of key texts. Designed specifically to meet the needs of students and assuming no (...) prior knowledge of the subject, this is the ideal reference tool for those coming to Logic for the first time. (shrink)

Key Terms in Logic offers the ideal introduction to this core area in the study of philosophy, providing detailed summaries of the important concepts in the study of logic and the application of logic to the rest of philosophy. A brief introduction provides context and background, while the following chapters offer detailed definitions of key terms and concepts, introductions to the work of key thinkers and lists of key texts. Designed specifically to meet the needs of students and assuming no (...) prior knowledge of the subject, this is the ideal reference tool for those coming to Logic for the first time. (shrink)

Key Terms in Logic offers the ideal introduction to this core area in the study of philosophy, providing detailed summaries of the important concepts in the study of logic and the application of logic to the rest of philosophy. A brief introduction provides context and background, while the following chapters offer detailed definitions of key terms and concepts, introductions to the work of key thinkers and lists of key texts. Designed specifically to meet the needs of students and assuming no (...) prior knowledge of the subject, this is the ideal reference tool for those coming to Logic for the first time. (shrink)

Key Terms in Logic offers the ideal introduction to this core area in the study of philosophy, providing detailed summaries of the important concepts in the study of logic and the application of logic to the rest of philosophy. A brief introduction provides context and background, while the following chapters offer detailed definitions of key terms and concepts, introductions to the work of key thinkers and lists of key texts. Designed specifically to meet the needs of students and assuming no (...) prior knowledge of the subject, this is the ideal reference tool for those coming to Logic for the first time. (shrink)

Key Terms in Logic offers the ideal introduction to this core area in the study of philosophy, providing detailed summaries of the important concepts in the study of logic and the application of logic to the rest of philosophy. A brief introduction provides context and background, while the following chapters offer detailed definitions of key terms and concepts, introductions to the work of key thinkers and lists of key texts. Designed specifically to meet the needs of students and assuming no (...) prior knowledge of the subject, this is the ideal reference tool for those coming to Logic for the first time. (shrink)

Key Terms in Logic offers the ideal introduction to this core area in the study of philosophy, providing detailed summaries of the important concepts in the study of logic and the application of logic to the rest of philosophy. A brief introduction provides context and background, while the following chapters offer detailed definitions of key terms and concepts, introductions to the work of key thinkers and lists of key texts. Designed specifically to meet the needs of students and assuming no (...) prior knowledge of the subject, this is the ideal reference tool for those coming to Logic for the first time. (shrink)

It is undeniable that much scientific work is model-based. Despite this, the justification for this reliance on models is still controversial. A particular difficulty here is the fact that many scientific models are based on assumptions that do not describe the exact details of many or even any empirical situations very well. This raises the question of why it is that, despite their frequent lack of descriptive accuracy, employing models is scientifically useful.One..

Philosophy of the Social Sciences, Volume 52, Issue 1-2, Page 53-80, January-March 2022. Although it is clear that many of the major contemporary social problems center on the extent to which social institutions do or do not function as they are meant to do, it is still unclear exactly what the function of a social institution is—and thus when this function is undermined. This paper presents and defends a novel theory of social functionalism—presentist social functionalism—to answer these questions. According to (...) this theory, the function of social institutions is grounded in those of their features that, in the current cultural environment, increase their chances to survive or reproduce. To bring out the fruitfulness of this account, the paper analyzes the question of the function of corporations, and shows that present social functionalism points to the kinds of data that would be helpful to determine this function, brings up hitherto overlooked theoretical possibilities, and allows for the clearer assessment and handling of corporate corruption. (shrink)

Although it is clear that many of the major contemporary social problems center on the extent to which social institutions do or do not function as they are meant to do, it is still unclear exactly what the function of a social institution is—and thus when this function is undermined. This paper presents and defends a novel theory of social functionalism—presentist social functionalism—to answer these questions. According to this theory, the function of social institutions is grounded in those of their (...) features that, in the current cultural environment, increase their chances to survive or reproduce. To bring out the fruitfulness of this account, the paper analyzes the (still controversial) question of the function of corporations, and shows that present social functionalism (a) points to the kinds of data that would be helpful to determine this function, (b) brings up hitherto overlooked theoretical possibilities, and (c) allows for the clearer assessment and handling of corporate corruption. (shrink)