What are the evolutionary scenarios of academic capitalism, able to deliver an ever more strategic knowledge, with a high added value within the global society? Under the current system of knowledge economy, characterized, at the beginning of this third millennium, by strong hyper-complexity, the challenge for the society evolution toward a sustainable world, full of varieties and opportunities, is the development of a form of capitalism able to guide and facilitate the reshaping of society through self-organizing systems (...) (Lazslo 2011) the academic capitalism as a form of functional capitalism, the difference that makes the knowledge considered at a systemic level. (shrink)

The author reviews the main elements of Richard Münch’s academic capitalism theory. By introducing categories like “audit university” or “entrepreneurial university,” the German sociologist critically sets today’s academic management model against the earlier, modern-era conception of academic work as an “exchange of gifts.” In the sociological and psychological sense, he sees the latter’s roots in traditional social lore, for instance the potlatch ceremonies celebrated by some North-American Indian tribes and described by Marcel Mauss. Münch shows the (...) similarities between the old, “gift exchanging” model and the contemporary one with its focus on the psycho-social fundamentals of scientific praxis, and from this gradually derives the academic capitalism conception. He concludes with the critical claim that science possesses its own, inalienable axiological autonomy and anthropological dimension, which degenerate as capitalism proceeds to “colonise” science by means of state authority and money (here Münch mentions Jürgen Habermas and his philosophical argumentation).The author also offers a somewhat broader view of Münch’s analyses in the context of his own reflections on the problem. (shrink)

The 21st-century university is a contested site of neoliberal transformation. Its role is moving away from that of a hub of culture, knowledge and critique to that of a provider of skills and employability for the market. The move towards a lean business model in the management of knowledge production is not an isolated phenomenon, but integral to the shifting economic, political and moral landscapes of global capitalism and the knowledge society. The literature discussing the changes in higher education, (...) which could be collectively termed "critical studies of academia", remains fragmented and is yet to yield tangible resistance or envision viable alternative models of academic governance. This article discusses the possibility of generating constructive critique of "the new spirit of academic capitalism" from within. French Convention Theory is employed as a conceptual toolbox for unpacking the worlds of worth, conventions and justifications which operate beneath the surface of the marketisation, acceleration and casualisation of scientific labour - and suggested as a potential tool for building a generative sociology of critique. (shrink)

A rise of academic capitalism over the past four decades has been well documented within many research-intensive universities. Largely missing, however, are in-depth studies of how particularly situated academic groups manage the uncertainties that come with intermittent and fickle commercial funding streams in their daily research practice and problem choice. To capture the strategies scientists adopt under these conditions, this article provides an ethnographically detailed (and true) story about how a single project in Artificial Intelligence grew over (...) several years from a peripheral idea to the very center of an academic lab’s commercial portfolio. The analysis theorizes an epistemic form—nimble knowledge production—and documents three of its lab-level features: 1) rapid prototyping to keep sunk costs low, 2) shared search for “real world problems” rather than “theoretical” ones, and 3) nimble commitment to research problem choice. While similar forms of academic knowledge transfer have been lauded as “mode 2,” “innovative,” or “hybrid” for initiating cross-institutional collaboration and pushing science beyond disciplinary silos, this case suggests it can rely on fleeting attention to problems resistant to a quick fix. (shrink)

Many research-intensive universities have moved into the business of promoting technology development that promises revenue, impact, and legitimacy. While the scholarship on academic capitalism has documented the general dynamics of this institutional shift, we know less about the ground-level challenges of research priority and scientific problem choice. This paper unites the practice tradition in science and technology studies with an organizational analysis of decision-making to compare how two university artificial intelligence labs manage ambiguities at the edge of scientific (...) knowledge. One lab focuses on garnering funding through commercialization schemes, while the other is oriented to federal science agencies. The ethnographic comparison identifies the mechanisms through which an industry-oriented lab can be highly adventurous yet produce a research program that is thin and erratic due to a priority placed on commercialization. However, the comparison does not yield an implicit nostalgia for federalized science; it reveals the mechanisms through which agency-oriented labs can pursue a thick and consistent research portfolio but in a strikingly myopic fashion. (shrink)

Capitalist dynamics in knowledge production are not limited to situations in which economic interests influence researchers’ practices. Building on laboratory studies and the French “pragmatic” tradition in sociology, this article proposes an approach to tackle more pervasive capitalist logics at work in contemporary research and their consequences. It uses the term epistemic capitalism to denote the accumulation of capital, as worth made durable, through the act of doing research, in and beyond academia. In doing so, it conceptualizes capitalism (...) primarily not as a system of circulation and accumulation of monetary value but rather as a cultural way of producing, attributing, and accumulating specific forms of worth, which need not be monetary. Empirically, the article studies variants in epistemic capitalism by addressing the differing role of the accumulation of different forms of capital and the regimes connected to it in two institutional settings in Austria, academic life science laboratories and biotechnology start-up companies. Concluding, it argues that analytically dissociating the concept of capitalism from its link to economic value allows a finer-grained cultural analysis of the importance and effects of processes of accumulation in contemporary research. It ends with discussing the normative implications of these findings for debates about the commercialization of academia. (shrink)

This paper examines and situates theoretically from a Marxist political economic perspective the capitalist model of academic publishing using Marx’s concepts of ‘primitive accumulation’ and ‘alienation.’ Primitive accumulation, understood as a continuing historical process necessary for capital accumulation, offers a theoretical framework to make sense of contemporary erosions of the knowledge commons that result from various enclosing strategies employed by capitalist academic journal publishers. As a theoretical complement, the article further suggests that some of the elements of alienation (...) Marx articulated in respect of capitalist-controlled production processes capture the estrangement experienced by the actual producers of academic publications. After offering a short assessment of the open-access movement as a remedial response to the enclosing and alienating effects inherent in the capitalist-controlled academic publishing industry, the article briefly outlines a suggested alternative model for academic publishing that, building on open-access projects, could radically subvert capitalist control. (shrink)

One hundred years ago, Frederick Taylor and the pioneers of scientific management went into battle on US factory-floors. Armed with stopwatches and clipboards, they were fighting a war over measure. A century on and capitalist production has spread far beyond the factory walls and the confines of 'national economies'. Although capitalism increasingly seems to rely on 'cognitive' and 'immaterial' forms of labour and social cooperation, the war over measure continues. Armies of economists, statisticians, management-scientists, information-specialists, accountants and others are (...) engaged in a struggle to connect heterogeneous concrete human activities on the basis of equal quantities of human labour in the abstract – that is, to link work and capitalist value. In this paper, we discuss contemporary capital's attempt to impose the 'law of value' through its measuring of immaterial labour. Using the example of higher education in the UK – a 'frontline' of capitalist development – as our case-study, we explain how measuring takes places on various 'self-similar' levels of social organisation. We suggest that such processes are both diachronic and synchronic: socially-necessary labour-times of 'immaterial doings' are emerging and being driven down at the same time as heterogeneous concrete activities are being made commensurable. Alongside more overt attacks on academic freedom, it is in this way that neoliberalism appears on campus. (shrink)

One hundred years ago, Frederick Taylor and the pioneers of scientific management went into battle on US factory-floors. Armed with stopwatches and clipboards, they were fighting a war over measure. A century on and capitalist production has spread far beyond the factory walls and the confines of 'national economies'. Although capitalism increasingly seems to rely on 'cognitive' and 'immaterial' forms of labour and social cooperation, the war over measure continues. Armies of economists, statisticians, management-scientists, information-specialists, accountants and others are (...) engaged in a struggle to connect heterogeneous concrete human activities on the basis of equal quantities of human labour in the abstract – that is, to link work and capitalist value. In this paper, we discuss contemporary capital's attempt to impose the 'law of value' through its measuring of immaterial labour. Using the example of higher education in the UK – a 'frontline' of capitalist development – as our case-study, we explain how measuring takes places on various 'self-similar' levels of social organisation. We suggest that such processes are both diachronic and synchronic: socially-necessary labour-times of 'immaterial doings' are emerging and being driven down at the same time as heterogeneous concrete activities are being made commensurable. Alongside more overt attacks on academic freedom, it is in this way that neoliberalism appears on campus. (shrink)

The US is facing enormous challenges as it enters the second decade of the twenty-first century. Some of these major issues are environmentalism and its claim of global warming; the danger from terrorism generated by Islamic fundamentalism; and affordable, quality health care. Additionally, education in America remains an unresolved dilemma contributing to America's lack of economic competitiveness. Andrew Bernstein argues that the US government is pushing the nation toward socialism in its attempt to resolve America's problems. The government's increasing control (...) of the banking industry, its massive bailouts of auto makers, and its proposal of emissions legislation are also examples of the expansion of government's power. Bernstein argues that whatever the intentions of the government, or its illusions about the workability of its proposals, morally upright and practical solutions can only come from moving to the opposite end of the political-economic spectrum: the establishment of laissez-faire capitalism. In Atlas Shrugged, and in her non-fiction works, Ayn Rand developed a systematic body of thought, a comprehensive philosophy she dubbed "Objectivism." This philosophy has been neglected by most professional intellectuals, but it is now beginning to be seriously studied in academic philosophy departments. Objectivism provides the moral and philosophic validation of the political-economic principles of individual rights and free markets. Analysis of today's gravest social and political issues within this philosophic framework, as undertaken by Bernstein in this volume, constitutes a unique way of identifying rational solutions to these pressing issues. of laissez-faire capitalism. In Atlas Shrugged, and in her non-fiction works, Ayn Rand developed a systematic body of thought, a comprehensive philosophy she dubbed "Objectivism." This philosophy has been neglected by most professional intellectuals, but it is now beginning to be seriously studied in academic philosophy departments. Objectivism provides the moral and philosophic validation of the political-economic principles of individual rights and free markets. Analysis of today's gravest social and political issues within this philosophic framework, as undertaken by Bernstein in this volume, constitutes a unique way of identifying rational solutions to these pressing issues. (shrink)

Our main goal in this article is to discuss the structural and persistent problems experienced by women academics, especially with respect to the gendered divisions of academic tasks and unequal divisions of care obligations in the domestic sphere. The analysis is based on reflexive thematic analysis of the open-ended questions of an online questionnaire on the academic work environment, work satisfaction, stress, academic duties and allocation of tasks, and thoughts on gender equality. Academics from different countries voice (...) their lived experiences, frustrations as well as worries about their future. We aim to highlight how these issues are embedded in the structures of academic capitalism and argue against the tendency to individualise these issues in a bid to inspire an informed collective resistance. (shrink)

The article with allusions on Nietzsche’s provocation about history lessons proposes an interdisciplinary approach to academic scholarship considered as a special cultural and organizational form of advanced studies aimed at professional development or skill exchange, which have influence on human being in contemporary societies involved in the process of globalization. The theoretical conceptualization of institutionalized forms of scholarships and internships is analyze in connection with its practical representation and economical allocation. Pathological representations of academic scholarship as an end (...) in itself are unveiled as a kind of conspicuous consumptions symbolizing the status position or exclusivity on the borders between academic community and mass-media. The purpose of this article is to explicate some representations of academic scholarship in the contexts of the academic capitalism searching the way of overcoming its utilitarian limitations with universal ethical imperatives. To realize such a purpose, phenomenological reduction is applied in combination with the biographical method. Assumptions made in the article are verified on biographical fragments of curriculum vitae of influential sociologists such as Ralf Dahrendorf and Niklas Luhmann, because the social and professional self-realization and revision of the life-priorities of them was due in many aspects to academic scholarship gained by different ways but with success, especially in the field of educational policy and in the case of establishing democracy in the process of post-totalitarian transformation in Germany. This experience can be useful for Ukraine as well. The phenomenon of the cultural shock and its influence on visiting scholars is explicated. The role of communication between epistemic cultures is emphasized on by overcoming epistemic injustice and establishing academic integrity. (shrink)

This paper demonstrates how the application of New Public Management (NPM) and the accompanying rise of academic capitalism in allocating research funds in the German academic field have interacted with a change from federal pluralism to a more stratified system of universities and departments. From this change, a tendency to build cartel-like structures of allocating symbolic capital resulting in oligopolistic structures of appropriating research funds has emerged. This macro level structure is complemented by the strengthening of the (...) traditional oligarchic structures of research, carried out by an increasing number of assistants under the direction of a professor on the meso level. The outcome of this institutional setting is a significant gap between the appropriation of research funds according to the allocation of symbolic capital and the production of knowledge in publications. The application of NPM therefore needs to be explained more as a result of the normative pressure of a globally established model of “rational” administration, and less as a result of its functional effectiveness. This is demonstrated by an empirical analysis with simple and multiple regressions using data on the allocation of research grants and publication records of German chemistry departments. (shrink)

The inner affinity of money and religion has been a central issue of the `classical' theories of money, in particular of Georg Simmel and Karl Marx. The paper argues that the conceptualizations of money in current economic sociology and mainstream economic theory are deficient, and that a more promising approach can be developed by referring to those classical authors, whose thinking was not yet dominated by the institutionalized academic division of labour between sociology and economics of today. It is (...) shown, how the concept of money as `Vermögen' (Simmel) or as `capital' (Marx) can be combined with current constructivist theories of economic `myths' and `visions', thus opening a new perspective for sociological analysis of entrepreneurship, innovation, economic growth and social change. (shrink)

It is argued that university education has a moral and social function in society. Its purpose is to provide a liberal education , the development of new knowledge and the provision of trustworthy, disinterested research. To serve society in this way safeguards are necessary: a separation from the state, giving institutional autonomy and academic freedom in teaching and research. With the rise of extreme free market capitalism and the "knowledge society", these safeguards are being eroded: national governments, partly (...) through the ramifications of the Bologna convergence... process, are in the process of moulding universities to the needs of the market, and now see the accommodation of students to the workplace as the principal, or indeed only, objective for a university education. Example of the consequences of these changes are discussed, including the corruption of research integrity and erosion of individual liberties. (shrink)

This article offers a critical theoretical exploration of the transformation of academic life that is currently taking place under the sign of ‘neoliberalization’. The main aim is to differentiate appropriation from exploitation as strategies of surplus labour dispossession, to identify the growth of appropriative techniques in academic life, and to situate the proliferation of such techniques in the broader transformations of global political economy. Alloyed with poststructuralist social theory, the historical materialist thrust of the article demonstrates how, in (...) the technologically articulate ‘social factory’ of advanced capitalism, the spatial operations of these techniques of dispossession have a particularly ‘aesthetic’ character that is immanent to their appropriative operation, and which renders their workings both more discreet and effective. The article aims: (1) to problematize the neoliberal concepts of efficiency, transparency, and autonomy, in terms of practical outcomes; (2) to stimulate reflexive consideration of the ‘positioning’ of academics themselves in the reproduction of these techniques; and (3) to ask how these techniques might generate new ‘historical subjects’ of struggle and organization in academic life. (shrink)

Lacan and Capitalist Discourse explores the political and theoretical connections between the Covid-19 Pandemic and Capitalism, unravelling the direct consequences of Lacan's thesis of so-called "Capitalist Discourse". Jorge Alemán provides an account of neoliberalism, its mechanisms to produce subjectivities and the new modes of the political far Right. The book begins with the problem of a possible exit from capitalism, continuing to consider the possibilities of mourning and the active production of a new Left. Alemán engages deeply with (...) a range of thinkers: primarily Lacan, but also Heidegger, Marx, Laclau, Foucault, Butler, Badiou, Althusser, and others, in making his case. Lacan and Capitalist Discourse will be of great interest to psychoanalysts and to academics of psychoanalytic and Lacanian studies, cultural theory, philosophy and political thought. (shrink)

The worlds of academe and capitalism are moving ever closer together as the cultural value attributed to theory by managers increases. This paper documents this process and, at the same time, provides a critique of it. Accordingly, the paper is in three parts. The first part shows how the discursive make‐up of academe and capitalism have become remarkably similar. The second part of the paper then documents the rise of a ‘soft capitalism’ based upon new discourses of (...) management, which, at the same time, provides powerful technology of justification. The final part of the paper shows that the new discourses of management have a hard edge which impoverishes its practices but may also allow the space for other social models to grow. (shrink)

Yanis Varoufakis is an economist and politician. After serving as Greek Finance Minister in 2015, he went on to co-found the Democracy in Europe Movement 2025, of which he is now Secretary- General. The author of many books and academic papers, his latest work, Technofeudalism: What Killed Capitalism?, was published by Bodley Head in 2023. Professor of Economics, and editor of this journal, Michel Zouboulakis interviewed Varoufakis in December 2023. What follows is a transcript of that meeti...

Over the last decade, ‘data scientists’ have burst into society as a novel expert role. They hold increasing responsibility for generating and analysing digitally captured human experiences. The article considers their professionalization not as a functionally necessary development but as the outcome of classification practices and struggles. The rise of data scientists is examined across their discursive classification in the academic and economic fields in both the USA and Germany. Despite notable differences across these fields and nations, the article (...) identifies two common subjectivation patterns. Firstly, data scientists are constructed as hybrids, who combine generally conflictive roles as both generalists and specialists; technicians and communicators; data exploiters and data ethicists. This finding is interpreted as demonstrating a discursive distinction between data scientists and other competing and supposedly more one-dimensional professionals, such as statisticians or computer scientists. Secondly, the article uncovers a discursive construction that interpellates data scientists as discoverers of needs. They are imagined as explorative work subjects who can establish growth for digital capitalism by generating behavioural patterns that allow for personalization, customization and optimization practices. (shrink)

This essay samples and describes the state of architectural scholarship across various platforms in the age of Cognitive Capitalism. The premise is that, much like scholarship in the Arts and Humanities generally, architectural scholarship suffers from the Either/Or schism between traditional academic research of a non-utilitarian form and the heavily mediatic practices of the mainstream – “mainstream” defined as both online and print publications that eschew the long-form essay or book in favor of the populist modality that serves (...) the neo-liberalization of the discipline. -/- The sampling includes the devolution of the thesis or dissertation to socio-cultural report and/or pseudo-scientific study, with speculative works relegated to the margins of architectural discourse. This shift, while emblematic of the “trade school” mentality of many architecture schools today, also signals a bias at large in the post-recession 2010s where research must be monetized to justify funding, or speculative work must adhere to a format that is dictated from the outside (from the regimes of capitalization imposed by publishers). (shrink)

The digitisation of academic journals has created the technical possibility that research can be made available to any interested party free of charge. This possibility has been undermined by the proprietary control that commercial publishers exercise over the majority of this material. The control of commercial publishers over publicly-funded research has been criticised by charitable bodies, politicians and academics themselves. While the existing critical literature on academic publishers has considerable value, it fails to link questions of control within (...) the journal-industry to the wider restructuring of economic and social relations that has taken place over the last three decades. This article seeks to complement this literature by highlighting how broader profitability pressures and the subsequent attempts by state-managers to expand the social space for capitalist accumulation have structured the development of the journal-industry. (shrink)

This book explores questions concerning personal identity and individual conduct within neoliberal academe. The author suggests that neoliberal academe is normal academe in the new millennium though well aware of its contested nature and destructive capacities. Examining higher education through a number of ideals, such as austerity and transparency, brings readers on a journey into its present as well as its past. If some of these ideals can be identified and critiqued, there is a chance that the foundations of neoliberal (...) academe can be weakened. This book actively pursues pathways out of the neoliberal abyss--and offers that demanding a role for pleasure in higher education may be one of them. (shrink)

What does the development of a truly robust contemporary theory of domination require? Ashley J. Bohrer argues that it is only by considering all of the dimensions of race, gender, sexuality, and class within the structures of capitalism and imperialism that we can understand power relations as we find them nowadays. Bohrer explains how many of the purported incompatibilities between Marxism and intersectionality arise more from miscommunication rather than a fundamental conceptual antagonism. As the first monograph entirely devoted to (...) this issue, »Marxism and Intersectionality« serves as a tool to activists and academics working against multiple systems of domination, exploitation, and oppression. (shrink)

The following interview is with a retired eastern German professor whose career constitutes a case history in the comparative politics of “academic unfreedom”. Professor Erhard Naake was the only Ph.D. student in the history of the German Democratic Republic (GDR) to write his dissertation on Friedrich Nietzsche, whose work was considered “anti-socialist” throughout the history of the GDR regime. Because Herr Naake had the temerity to select Nietzsche as his thesis topic – a philosopher whose work was banned from (...) GDR bookstores and never taught in GDR schools or even universities – he never received an appointment as a professor in a GDR university. Ironically, however, even after the collapse of the GDR in 1989–1990, Herr Naake was penalized by the new powers-that-be in reunited Germany. He once again suffered a violation of his academic freedom when the university evaluation boards, which were composed of western German scholars, refused to let him keep his recently acquired position as a professor and instead summarily fired him, thus leading to his enforced retirement. As we shall see, the dramatic life story of Herr Naake reflects not only complicated issues of academic freedom and communist versus capitalist political values, but also the rich and complex history of eastern Germany both under the Nazis and GDR Communists and within reunited Germany since 1990. (shrink)

Proliferating literature claims that academia is in a critical condition, generating armies of anxious, neurotic and time-hungry individuals which are governed by the speed imperatives integral to a modernist and capitalist rationality. This book puts the temporal ordering of academic life under the microscope, and showcases the means of yielding a better understanding of how time and temporality act both as instruments of power and vulnerability within the academic space. This book brings together more than three dozen scholars (...) who collectively craft a much-needed nuanced sociologically-driven perspective of temporalities in academia. Delving into contemporary processes which are quintessentially temporal in their character, such as the increasing precariousness of jobs among junior scholars, the prevalence of grant funding, the role of evaluation systems, and the political economy of higher education, the authors offer a forensic analysis of the complex nature of academic temporalities as experienced, understood, controlled, managed and contested in various academic and research contexts. (shrink)

Ethical business creates social value. That’s the theme of this bold new volume, heralding and defending this rapidly-growing new conception of capitalism making its way into the mainstream. It provides clear and succinct guidelines for how to evaluate what counts as an ethical business as well as how and why ethical businesses tend to succeed better over the long term. The book is jargon-free and targeted primarily at thought leaders and academics in business and philosophy who will want to (...) use it in their business ethics classes. Each chapter has been selected for its ability to engage a wide audience without oversimplifying the content. -/- All twelve chapters are original and authored by leading business ethicists including William Shaw, Tony Simons, Duane Windsor, and Mark Schwartz. Each piece makes use of recent empirical evidence or ethical theory (or both) in order to present a detailed yet overarching picture of what ethical business looks like—and how to achieve it—in today’s global environment. (shrink)

Drawing on struggles within academe between faculty that promote critical education and advocates of New Public Management (NPM) who endorse instrumental learning, I reimagine the university as a counter-space that positions it as a counter-power to informational capitalism. Initially, I outline its twin threats: ethical, as self-entrepreneurial academics are valorised by NPM; and political, with informationalisation conflating spaces of thinking. I then detail Scott Lash’s specific account of how the info-comm society negates critique. However, his monistic understanding of informationalisation (...) means Lash’s alternative of Informationskritik risks subsumption by it. I therefore defer to Jacques Derrida’s idea of the university. To ensure the autonomy of the principle of reason in a world of info-comm flows, the university is a supplementary body to society, yet intimately linked to it by its critical reflexivity, which is on behalf of society. Because Derrida does not elaborate the requisite institutional architecture, I conclude with Michel Foucault’s notion of heterotopia as a quasi-illicit site that is different and other. Such an institutional design enables the university as a counter-space that is a bank of reason and an archive of its manifestation in social practices. It also upholds a space for thinking, which in the form of nominalist critical history proffers a counter-power to society as an informational homotopia. (shrink)

In this manuscript, I analyze Slavoj Žižek’ s debate with the Canadian clinical psychologist Jordan Peterson. The terms “Venus envy” and “academic inferiority complex” are used based on classical psychoanalytic jargon. Jordan Peterson and Slavoj Žižek are interpreted as the representatives of the opposing ends of our contemporary academic postmodern spectrum. Žižek demonstrates the unchained M arxist, and Peterson embodies the persona of the capitalist educator. T his article is a gateway to shed light on the decaying core (...) of postmodern ideology in contemporary academic discourse. (shrink)

This book examines how legal systems and mechanisms give shape to the capitalist economic system. In this regard, it focuses on the most important of these systems, such as monetary and financial law, company law, fiscality, contract and labour law. Further, the book provides a thorough analysis of the underlying ethical values of said legal systems and mechanisms. It also gives an overview of several potentially devastating related effects, such as poverty, the increasing polarisation between rich and poor, climate change, (...) and mounting debts at both the public and private level. The book concludes by presenting proposals for change. Given its critical analysis of legal systems and mechanisms in connection with the value choices dictated by economic ideologies, the book will be of particular interest to legal and economic academics, researchers and students, but also to policymakers, and, more generally, to anyone with a genuine concern for how the socio-economic order will evolve. (shrink)

Consider a stylized contrast between medical and business ethics. Both fields of applied ethics focus on a profession whose activities are basic to human welfare. Both enquire into obligations of professionals, and the relations between goals intrinsic to the profession and ethical duties to others and to the society. I am struck, however, by a fundamental difference: whereas medical ethics takes place against a background of almost universal consensus that the practice of medicine is admirable and morally praiseworthy, the business (...) profession is embedded within the framework of firms in a capitalist market economy, and for the last century and a half there has been sustained debate about the moral and economic justifiability of such an economy. To be sure, even under socialism there might be an “ethics of socialist managers,” and there would be some overlap between such an ethic and contemporary business ethics. Nevertheless, many of the characteristic problems of business ethics — e.g., what are the obligations of a corporation to its shareholders? — arise only in the context of a private property-based market economy. This raises a deep problem for business ethics: can one develop an account of ethical practices for an activity (i.e., business) while ignoring that the context in which this activity occurs (i.e., capitalism) is morally controversial? It is as if the work in medical ethics proceeded in the midst of widespread disagreement whether medicine was a good thing. Another way of thinking about the problem is: if one teaches business ethics, does this commit you to accepting that business can be ethical? And doesn’t this commit you to accepting that capitalism is justifiable?1 I suspect that this is a serious problem for many teachers of business ethics. Many were trained in academic philosophy, and within academic philosophy there are many who think — or at least suspect — that capitalism is basically unjust, or perhaps that only a greatly modified capitalism would be acceptable.. (shrink)

This article discusses how the way in which post-Enlightenment humans tend to relate to material objects is a fundamental aspect of modern capitalism. The difficulties that conventional academic disciplines have in grasping the societal and political aspect of ‘technology’ stem from the predominant Cartesian paradigm that distinguishes the domain of material objects from that of social relations of exchange. This Cartesian paradigm has constrained the Marxian analysis of capital accumulation from extending the concept of fetishism to the domain (...) of technology. Both Marxian and mainstream thought represent technological objects as empowered by their intrinsic properties, which derive from human ingenuity and tend to progress over time. To transcend this paradigm will be possible only through the kind of post-Cartesian perspective on material artefacts that has been championed by Bruno Latour. However, Latour’s own neglect of technological systems as social strategies of exploitation reflects his lack of concern with global inequalities. (shrink)

This article examines the ways in which the self-responsibilized individualism underpinning contemporary concepts of the ideal European citizen, on the one hand (Frericks, 2014), and the inequalities and anti-democratic politics that characterize contemporary neoliberal capitalism, on the other, are co-constituent elements in creating an antipathy to forms of solidarity that are affective as opposed to calculative. The active citizenship framework lacks a full appreciation of the interdependency of the human condition and is antithetical to universalistic, affectively-led forms of solidarity. (...) The deep relationality that is endemic to both social production and reproduction, and that impels an affective, morally-led form of solidarity needs to be recognized academically and intellectually, and politically sustained, if we are to move beyond a narrow, calculative, self-interested vision of solidarity in Europe. (shrink)

This article develops a critical theory of human–computer interaction intended to test some of the assumptions and omissions made in the field as it transitions from a cognitive theoretical frame to a phenomenological understanding of user experience described by Harrison et al. as a third research paradigm and similarly Bødker :24–31; Bødker, Interactions 22):24–31, 2015) as third-wave HCI. Although this particular focus on experience has provided some novel avenues of academic enquiry, this article draws attention to a distinct bridge (...) between the conventional HCI disciplinary concerns with predominantly task-based digital work and use context and a growing business interest in consumer experiences in digital environments. Critical HCI addresses the problem of experience in two interrelated ways. On one hand, it explores the role market logic plays in putting user experiences to work. On the other hand, it engages with ontological understandings of experience hitherto realized in HCI by way of a phenomenological matrix. The article concludes by bringing in an old thinker to consider experience in novel ways that relate ontological concerns to a broader political concept of experience capitalism. (shrink)

This paper re-examines the relevance of three academic norms to contemporary academic life – communism, universalism and disinterestedness – based on the work of Robert Merton. The results of a web-based survey elicited responses to a series of value statements and were analysed using the weighted average method and through cross-tabulation. Results indicate strong support for communism as an academic norm defined in relation to sharing research results and teaching materials as opposed to protecting intellectual copyright and (...) withholding access. There is more limited support for universalism based on the belief that academic knowledge should transcend national, political, or religious boundaries. Disinterestedness, defined in terms of personal detachment from truth claims, is the least popular contemporary academic norm. Here, the impact of a performative culture is linked to the need for a large number of academics to align their research interests with funding opportunities. The paper concludes by considering the claims of an alternate set of contemporary academic norms including capitalism, particularism and interestedness. (shrink)

Chronological typologies of racial ideologies have always been somewhat controversial, but in contemporary academe, a general consensus has emerged, one that integrates the theories of Ladelle McWhorter, on the one hand, and Eduardo Bonilla-Silva, on the other hand. In this schema, the invention of racism in the early modern period was defined by morphological racism or, in McWhorter’s words, “physical appearance,”1 followed by the creation of a biological or scientific racism that can be roughly dated to the Industrial Revolution. After (...) the various social movements for racial justice in the mid-twentieth century, and the turn to “political correctness,” many theorists such as Carr and Bonilla-Silva have argued... (shrink)

Abstract Michel Foucault has been an academic cause célèbre for some time, spaivning untold thesis papers and dissertations illuminating oppression's invisible fingerprints on history, literature, gender, and government. Yet for all his ceutrality in American higher education, Foucault's books are not studied so much for their substantative content as for their underlying insights into the forces shaping society. This paper confronts this paradox through a critique of the apotheosis of Foucaultian analysis, Discipline and Punish: The Birth of the Prison. (...) Discipline and Punish can be understood as a masterful harnessing of leftist assumptions about capitalism to reconfigure history. The extent to which Foucault distorts history to support his thesis, however, seriously undermines the practical relevance of his brand of social science. (shrink)

Considers original streaming TV, popular fiction, artworld trends, and academic theories and explains the recent obsession with immersion, authenticity, and total transparency.

The policy changes governing the relations between the pharmaceutical, medical device and service industries and academic clinical research physicians, recommended by the Institute of Medicine,1 the American Academy of Medical Colleges,2 and much discussed in the media and on our campuses, aim to create some protective ethical firewalls. However, some potentially critical consequences of these steps are missed if we do not acknowledge what else is on the table, and who is sitting at it. By only reacting defensively to (...) the juggernaut of righteous indignation over the loss of purity in a faculty physician's approach to medical problem solving, we are allowing the process to blind us to the difficulties in establishing fair and equitable management of all of the potential conflicts of commitment and conflicts of interest we incur, not only as faculty members, but also as departments and academic medical centres . Critically, this involves all sources of revenue—private, commercial and public—that support our professional and institutional commitments as well as our personal finances.i To counter the present crackdown on inappropriate financial relationships effectively, we will need to reframe the questions, and convince all stakeholders to the process that there is more to this crisis than can be resolved through our public confessions of commercial largesse obliged. The Phrma Code guidelines3 have resulted in what is believed to be a defensible, if as yet legally untested, compartmentalisation of the commercial sector's marketing, medical education and research sponsorship activities. We at the AMC are a long way from understanding how those same missions, as they emanate from our multifarious commitments, can be isolated and individually managed. Defining the parameters for establishing institutional conflicts of interest and commitment are beyond our essay's scope, but with the very public emphasis on capitalist subversion of …. (shrink)

This article examines the historically contentious relationship between the financial market and the public as discussed in academic literature, financial journalism and prescriptive how-to invest handbooks during the late 19th and early 20th centuries. Although financial markets thrive off active public participation, speculating at stock and commodity exchanges has been a sanctioned ritual reserved for a privileged minority. We argue that the financial establishment’s intent to control market access through financial entry-barriers (such as exchange membership fees and margin requirements) (...) has been part of a bigger story we need to understand: a history of delegitimating uninitiated ‘lay speculators’ through the construction of exclusionary narratives about unfit amateur investors and morally corrupt publics. We conceptualize this process as an ongoing and delicate boundary-making exercise contributing to a market participation discourse that has been characterized by a set of reductive binaries, such as those of insider–outsider, professional–amateur and speculator–gambler. We show, however, that attempts to delineate popular participation in financial markets through these binaries have been complicated by the idea that besides being a force of market instability and collective irrationality, the public was a largely untapped source of liquidity. We argue that today’s discourse on public participation in financial markets resuscitates these simplified narratives and propose a more nuanced view of non-professional market participants being both destabilizers and liquidity-providers. (shrink)