We use content analysis to show that the diagnosis of the financial crisis of 2007–2009 shifted significantly from a focus on the need for structural change in the banking industry to an emphasis on culture and reform at the organizational level. We consider four overlapping subsystems in which this shift in problem–solution clusters played out—political, regulatory, legal, and consulting—and show that the “structural reform agenda,” which was initially strong and publicly prominent in the political arena, lost attention. Over time it (...) was displaced by a neoliberal managerialist turn, which watered down or abandoned structural solutions and instead played up a new “culture and conduct reform agenda.” We explain this shift in terms of the marketization of regulation, which—following Mautner (_Language and the market society_, 1st ed. Routledge, 2010)’s model of interdiscursive alignment—we detect in the shifting language of financial-services reform across the four subsystems in scope. We argue that a neoliberal turn took place with a _discursive closure_ that made the structural reform alternative gradually unsayable and, in the end, unthinkable. At the same time, the discourse turned to embrace the neoliberal agenda, built on the myth of self-regulating actors and markets, manifest in the culture problematic. This managerialist turn was able to mobilise, and be operationalised by, an industry of consultants, whereas structural change came to be seen by regulators as too risky to implement. We claim that these dynamics reveal how a form of “collective strategic ignorance,” based on powerful institutional myths, was systematically oriented to ignore and reject structural sources of crisis. Finally, we suggest that the observed pattern of displacement—whereby initial calls for structural change become later displaced by managerial and procedural solutions—is common to other social issues, such as audit reform and corporate social responsibility. (shrink)

The ArgumentThis introductory essay describes some intellectual intersections between the history and sociology of science and the history and sociology of accounting. These intersections suggest a potential field of inquiry that concerns itself explicitly with science and economic calculation, a potential that is partly realized in the essays that follow. It is possible to describe a broad shift from concerns for the scientific credentials of accounting to a recognition of the constitutive role that accounting plays for science. In other words (...) the so-called cultural hegemony of the scientist is giving way to that of the accountant. This shift has a number of loosely related but complementary elements. The first is to be found in some recent historical work that links ideals of scientific objectivity to administrative and political values. A second element is a body of work that is critical of theorydominant approaches to experiment and concerns itself with laboratory practice in social context. A third element is an emerging interest in the economics of science. I argue that such a program is weak where it abstracts from processes of economic calculation, and this suggests the fourth element: a contextual approach to economic calculation to be found in sociologically informed accounting research. In the light of these four elements, the essay concludes by considering directly the implications of accounting for science, particularly given recent initiatives to make science more accountable. (shrink)

Habermas's transcendentalism in Knowledge and Human Interests ( KHI) deserves to be reappraised for a number of reasons. Prevailing conceptions of strong transcendental arguments, which inform many of his critics, cannot be sustained. The analytic reception of Kant suggests a more modest role for them that is remarkably similar to Habermas's claims for the paradigm of rational reconstruction. Hence a reinterpretation of transcendentalism provides a new basis for establishing a continuity between his early and later work. Habermas's underlying argument structure (...) owes much, albeit unconsciously, to Kant's concept of a regulative idea. Only the "as if" status of regulative ideas allows one to make sense of the metacritical structure of KHI and Habermas's transcendental arguments emerge as deeply hermeneutic in character rather than logical in any formal sense. (shrink)

The recent publication of DSM-5 highlighted the two opposing views that exist within psychology and psychiatry as to how we deal with mental disorders. This book provides an introduction to the history of psychiatry and clinical psychology, looking at how people have attempted to classify the various problems and disorders they face.

Are there common mechanisms that apply across different therapies that might explain their effectiveness? Many psychologists, psychotherapists and counsellors, whether clinicians or researchers, now recognize that one such key mechanism involves the transformation of meaning in the process of therapy. The purpose of this book is to show how the transformation of meaning is related to therapeutic change. Change in therapy can and should occur at a number of levels for improvement to be maintained, whether in behavior therapy, cognitive therapy (...) or psychoanalytic therapy. The leading scientists and practitioners who have contributed to this book approach therapy from very different perspectives, but they together help to fashion a common framework for understanding the role of meaning in therapeutic change. (shrink)

We all want to be happy, and there are plenty of people telling us how it can be achieved. The positive psychology movement, indeed, has established happiness as a scientific concept within everyone's grasp. But is happiness really something we can actively aim for, or is it simply a by-product of how we live our lives more widely? Dr. Mick Power, Professor of Clinical Psychology and Director of Clinical Programmes at the National University of Singapore, provides a critical assessment of (...) what happiness really means, and the evidence for how it can be increased. Arguing that negative emotions are as important to overall well-being as the sunnier sides of our disposition, the book examines many of the claims of the positive psychology movement, including the relationship between happiness and physical health, and argues that resilience, adaptability in the face of adversity, psychological flexibility, and a sense of generativity and creativity are far more achievable as life goals. This is a book which will fascinate anyone interested in positive psychology, or anyone who has ever questioned the plethora of publications suggesting that blissful happiness is ten easy steps away. (shrink)