Recently there has been an outpouring of consumer frustration over rising food and energy prices. Many politicians railed against “speculators” who allegedly drove up the prices of key necessities. Is speculation unethical? This article reviews the traditional arguments against speculation. Many of the standard criticisms confuse speculation with gambling. In much the same way as ethicists now draw distinctions between usury and normal business interest, we draw a distinction between socially useful speculation and gambling. Gambling involves taking on risk with (...) no plausible expectation of making a profit. Gambling may provide entertainment value to some people, but like other addictive activities causes grave harm to a subset of users. Speculation involves taking on a business risk with a plausible expectation that a profit will result. Speculators provide an important risk bearing service by taking on risks that others do not want. They help markets to function better by helping to incorporate information into prices as well as providing liquidity. Speculators may actually reduce shortages by causing quicker price increases that motivate producers to increase production and consumers to conserve. But even socially useful speculation may have an ethical dark side. Does such speculation cause damage by adding excess volatility to prices? Speculators may contribute to price bubbles. At what point does legitimate speculation become odious “price gouging?” We also draw an ethical distinction between speculation, which seeks to benefit from changing prices, and manipulation, actions taken to push prices away from their economically appropriate levels. (shrink)
First, some say that core physicalism is not anti-religion. I argue that this seems to be incorrect. Physical completeness is a core element of contemporary physicalism; (the evidence for physical completeness is strong); and physical completeness both logically and not strictly logically rejects many central religious views. Consequently, there is a sense in which core physicalism is, in an important way, anti-religion. Second, physical completeness positively supports one significant religious view; and physical completeness permits one to hold two others. The (...) view that physical completeness supports states that there is no natural grounding of the ordinarily taken boundary of the human body. The two views that physical completeness permits one to hold state that a person can be contrastlessly blissful in an ongoing way, and that a person can experience something like light circulating through the ordinary body in an ongoing way. It is further maintained that physicalism allows religious systems to develop in new forms. (shrink)
The controversy over short selling has continued unabated from the introduction of modern equity trading in Amsterdam in 1610 to the present day. Nevertheless, the business ethics literature has not really addressed short selling. Short sellers not only profit from the misery of others, they also create it through their selling activities. However, they also provide a socially useful service by making prices better reflect true values, protecting other investors from purchasing overpriced securities. Short sellers can also help to provide (...) liquidity in the markets. Recently, there has been a hue and cry against so called "naked" short selling, which involves not delivering the shares that have been sold. This gives manipulators a tool for depressing stock prices and deprives purchasers of voting rights and potential stock lending revenue. Naked short selling creates ethical issues for short sellers, buyers, brokers, market makers, and regulators. Is it ethical to exploit a legal loophole that permits sellers to sell stock and delay delivering shares indefinitely? (shrink)
This paper examines the ethics of contemporary managerial compensation in the context of executive stock options. Economic considerations would dictate that executive stock options should be adjusted to eliminate the effect of overall stock market movements which are beyond the control of the executive. However, in practice, most executive stock options are not adjusted to control for these outside factors. Agency considerations are the most likely culprit. Adjusting for the influence of outside factors, such as a generally rising stock market, (...) from executive stock options sets a higher bar for managers to reach. Furthermore, traditional accounting standards permitted firms that did not adjust options to avoid reporting options as expenses. This presents CEOs and boards of directors with a major ethical dilemma. On the one hand, their duty to their shareholders and stakeholders dictates that executive stock options should be adjusted to eliminate outside noise from unrelated movements in the overall stock market. However, financial statements are presented in the language of accounting. If the overwhelming majority of the users of a language define a particular item in one way, then to deviate from the norm implies that the recipient of such a deviant statement may not properly interpret the statement. Likewise, if the standard practice is for firms to use unadjusted options and thus under-report expenses, to deviate from this industry norm risks that users of financial statements would not properly interpret the financial statements, with perhaps negative consequences for the shareholders. In short, if "everyone else does it," then it could be wrong for an individual firm to deviate from the norm as that would harm the shareholders. (shrink)
This paper suggests that an ontologically reductionist view of nature which also accepts the completeness of causality at the level of physics can support (1) the blissful transfiguration of the moral, (2) mystical release from standard ego-identification, and (3) psycho-physical transformation cultivated through meditative practice. This mystical naturalism provides the basis for a thicker, more vigorous institutional religious life, including religious life centred around meditation practices, personalist meanings, and the theology of incarnation, than current proposals for strongly naturalist religions allow.
Through a convenience sample of 260 employees, the study shows how employees’ perceptions about corporate citizenship (CC) predict their affective commitment. The study was carried out in Portugal, a high in-group and low societal collectivistic culture. Maignan et al.’s ( 1999 , Journal of the Academy of Marketing Science 27 (4), 455–469) construct, including economic, legal, ethical, and discretionary responsibilities was used. The main findings are: (a) contrary to what has been presumed in the literature, the discretionary dimension includes two (...) factors: CC toward employees and toward community; (b) perceptions of CC explain 35% of unique variance of affective commitment; (c) the best predictors are perceptions of economic and legal CC and, mainly, perceptions of discretionary CC toward employees; (d) the perceptions of discretionary CC toward employees are significantly better predictors of affective commitment than are perceptions of economic, ethical, and discretionary CC toward the community; (e) perceived inconsistency of the several CC dimensions is detrimental to employees’ affective commitment. The study questions the four-dimensional model of the CC construct as operationalized by Maignan et al., suggests that culture should be included as a moderating variable in future research, and stresses that affective commitment may decrease when employees perceive that their organizations act upon the several areas of CC inconsistently. (shrink)
Philosophers promoting a version ofUniversal Self Consciousness mysticism(including Wainwright, Alston, Hick, Wilber andForman) take it that their interpretations ofmysticism are consistent with currentscientific findings. However, their theorieshave been implicitly or explicitly against thecentral claim arising from science, namely, thephysical causal completeness principle. Thereis strong ground to accept physical causalcompleteness for human functioning, and theassessment of physical completeness isindependent of the phenomenology of UniversalSelf Consciousness mystical experience.Further, there is a positive account ofUniversal Self Consciousness mysticism thataccepts physical causal completeness. Such anaccount (...) is preferable to the many accounts thatboth require its denial and yet give nobasically satisfactory evidence to ground thatdenial. (shrink)
A model of a new version of Zeno's arrow paradox is presented in a plausible extension of Newtonian collision mechanics. In exploring various avenues for resolution of the paradox, it becomes evident that a prerelativistic classical physical topology which is locally deterministic can mechanically generate nonclassical ontological properties such as the appearance of a particle in many places at once. It can also mimic some properties of quantum physics, including unprepared spatially-separated correlations. 1 Zeno's arrow paradox 2 Newtonian collision mechanics (...) and extensions of it 3 Our initial condition (IC) 4 Demonstrating the model paradox 5 Resolving the paradox 6 Unprepared correlations in spatially-separated events 7 Lessons. (shrink)
A model of Zeno's dichotomy paradox is presented in Newtonian collision mechanics. One of several resolutions of the paradox illustrates the point that even in Newtonian ontology there is a spacetime weave. In a Newtonian system in which the base rules permit only spatial contact interactions, we find the mechanical emergence of action-at-a-distance effects.
Faith in reason, reason in faith -- The nature of God, the God of nature -- Torah from heaven -- Divine providence -- The oral Torah and rabbinic tradition -- Religion and superstition -- Israel and humanity -- Conversion to Judaism -- Eternal Torah, changing times -- Faith and reason.
Extension of the system that includes the key substrates for sensation, perception, emotion, volition, and cognition, and all representational sources for cognition, supports the view that there is an extended mind and an extended body. These intellectual views can be made practical in a humanist system based on extensions and in religious systems based on extensions. Independently, there is also an institutional extension of secularism. Hence, I maintain, there are five principal forms of extension.
Humans have developed the capacity to approve or disapprove of the behavior of their children and of unrelated individuals. The ability to approve or disapprove transformed social learning into a system of cumulative cultural inheritance, because it increased the reliability of cultural transmission. Moreover, people can transmit their behavioral experiences (regarding what can and cannot be done) to their offspring, thereby avoiding the costs of a laborious, and sometimes dangerous, evaluation of different cultural alternatives. Our thesis is that, during ontogeny, (...) the evaluative communication (approval/disapproval) between parents and offspring is substituted by other evaluative communications among peers, like individuals of the same generation. Each person belongs to a reference social group with individuals that interact more intensively. Humans have developed psychological mechanisms that enable cultural transmission by being receptive to parental advice as well as their reference social group. The selective pressure that promoted these new evaluative interactions arose to facilitate the establishment of efficient cooperative relationships. In short, the social control of behavior is essential to understand human cultural transmission. (shrink)
LA Universal Self reports his phenomenology, according to which, as he puts it, ‘I am the universe’. The Interviewer challenges the report in a variety of ways, and LA Universal Self responds to each challenge. A traditional Universal Self mysticism is given a new physicalist interpretation.
Religious thought often assumes that the principle of physical causal completeness (PCC) is false. But those who explicitly deny or doubt PCC, including William Alston, W. D. Hart, Tim Crane, Paul Moser and David Yandell, Charles Taliaferro, Keith Yandell, Dallas Willard, William Vallicella, Frank Dilley, and, recently, David Chalmers, have ignored not only the explicit but also the implicit grounds for acceptance of PCC. I review the explicit grounds, and extend the hitherto implicit grounds, which together constitute a greater challenge (...) to contemporary religious philosophy than has been realized. Religious philosophers need to find a better way around PCC than has been found, or, if PCC is unavoidable, religious philosophers need to work toward a worldview that both accepts PCC and defends strong forms of religious experience. (shrink)
The document starts by skating that the concept of progress, which is key in the Enlightenment programme of philosophy of history, has disappeared in our society of risk, and wonders whether it is today possible rethinking the philosophy of history. The second part refers to the denial of philosophy of history by Badiou and Lyotard, as a consequence of the disappearance of the “modern subject”, which was the core of philosophy of history. There are many “histories”, but there is not (...) one “History”. The third part of the paper looks for a way out from that denial, finding it in the sartrean concept of “alienation”, which involves a changein the human relationships (“reification”) as a consequences of the “subject matter worked by praxis”, which is a concept that allows us to speak today of a universal history, whose “no‐subject” would be that “worked subject matter”. The conclusion of the paper is that the aim of philosophy today is not to “contemplate the world” or “change the world” but rather to “take care of the world”. (shrink)
The paper starts by stating that the concept of progress, which is a key factor in the Enlightenment programme on the philosophy of history, has vanished from our society of risk, and posits whether it is possible today to rethink the philosophy of history. The second part refers to the negation of this philosophy by Badiou and Lyotard, due to the disappearance of the “modern subject”, which lay at its heart. There are many “histories”, but there is no single “History”. (...) The third part of the paper seeks to counteract that negation through the Sartrean concept of “alienation”, which involves a change in human relationships (“reification”), resulting from the “subject matter worked by praxis”. This is a concept that allows us to speak today of a universal history, whose “no-subject” would be that “worked subject matter”. The paper concludes by affirming that the aim of philosophy today is not to “contemplate the world” or “change the world” but rather to “take care of the world”. (shrink)
can prevent non-contact interactions in Newtonian collision mechanics. The proposal is weakened by the apparent arbitrariness of what will be shown as the requirement of only an odd number of sets of some ex nihilo-created self-exciting particles. There is, however, an initial condition such that, without the ex nihilo self-exciting particles, either there is a contradictory outcome, or there is a non-contact configuration law, or there are odds versus evens indeterminacies. With the various odds versus evens arbitrarinesses and other such (...) difficulties, there seems to be an ontological unsatisfactoriness in the speed-unbounded Newtonian collision system. Introduction Taking self-excitations very seriously A problematic initial condition Another alternative. (shrink)
Global Prescriptions scrutinizes the movement to export a U.S.-oriented version of the " rule of law," found in the activities of philanthropic foundations, the World Bank, the U.S. Agency for International Development, and several other developmental organizations. Yves Dezalay and Bryant G. Garth have brought together a group of scholars from a variety of disciplines--anthropology, economics, history, law, political science, and sociology--to create tools for understanding this movement. Comprised of two sections, the volume first develops theoretical perspectives key to an (...) understanding of the production and impact of new "global legal prescriptions." The second part shifts attention to the national importation of these legal orthodoxies. The scholars provide a diverse set of sophisticated approaches, both to the circumstances promoting the production of these prescriptions and to the limitations of the prescriptions in the different national settings. Thus, Global Prescriptions provides a unique treatment for readers interested in globalization generally or the potential spread of the "rule of law" in particular. This volume will intrigue scholars and students interested in a political science, economics, history, anthropology, law, and sociology. Contributors are Jeremy Adelman, Robert Boyer, Elizabeth Heger Boyle, MiguelAngel Centeno, Heinz Klug, Larissa Adler Lomnitz, John W. Meyer, Setsuo Miyazawa, Hiroshi Otsuka, Rodrigo Salazar, Kathryn Sikkink, Anne-Marie Slaughter, and Catalina Smulovitz. Yves Dezalay is Director of Research, National Center for Scientific Research, Paris. Bryant G. Garth is Director of the American Bar Foundation. (shrink)
There are two kinds of philosophical problems in the theory of partial truth: semantical and methodological problems. The semantics of partial truth must be clarified by some standard system of multivaluedlogic. Fuzzy set theory should be applied to solve some methodological problems.
En este trabajo se ofrece un comentario al artículo de Miguel Ángel Fernández sobre el veritismo y el valor del entendimiento publicado en Diánoia 65. En primer lugar, se observa que el veritismo descansa en una definición de valor epistémico que amenaza con trivializar toda la discusión. Luego se procede a examinar los argumentos de Fernández con cierto detalle. In this paper I comment on M.Á. Fernández's paper on veritism and the value of understanding. I begin by observing that (...) veritism relies on a definition of epistemic value that threatens to trivialize the discussion. Then I proceed to examine Fernandez's arguments with some detail. (shrink)
La perspectiva historiográfica ofrecida por la teoría de las consecuencias involuntarias puede ser reconceptualizada en una concepción del mercado que explique su funcionamiento como una continua interrelación entre individuos que desconocen las consecuencias colectivas de los cursos de acción que emprenden.Asimismo, podrían distinguirse dos versiones de dicha teoria; de un lado, Ia versión débil, que se correspondería con el concepto de mercado de Hayek, y, deI otro, Ia versión fuerte. EI objetivo de este artículo es proponer el concepto al que (...) hemos denominado el principio de ignorancia, que seria una concepción acerca deI desenvolvimiento deI mercado acorde con los rasgos propios de Ia versión fuerte de Ia teoría de las consecuencias involuntarias.The historiographical perspective of the theory of unintended consequences can be reconceptualized into a conception of the market which explains its operation as a continuous interaction among individuals that do not know the collective consequences of their behaviours.Also, two versions of this theory might be distinguished, the weak version, which corresponds to Hayek’s concept of market, and the strong version. The aim of this paper is to propose the concept that we have termed as ignorance principIe, which is a conception of the operation of the market that fits to the characteristics of the strong version of the theory of unintended consequences. (shrink)
Este trabajo esboza una forma de justificar el principio estructurador central de una teoría veritista de la evaluación epistémica, en respuesta a críticas planteadas por Eleonora Cresto a mi defensa del veritismo frente a una serie de objeciones en el sentido de que no es capaz de explicar la naturaleza y el valor del entendimiento. La primera sección presenta el esbozo de justificación del núcleo de una teoría veritista; la segunda responde a críticas más específicas de Cresto. This paper sketches (...) a way to justify the central tenet of a veritistic theory of epistemic evaluation, in response to problems raised by Eleonora Cresto concerning my defense of veritism, against a series of objetions to the effect that veritistic epistemology is uncapable of explaining the nature and value of understanding. The first section presents the sketch of justification of the nucleus of a veritistic theory, the second responds to some of Cresto's more specific criticisms. (shrink)
A couple of decades ago natural phenomena began to be approached from a comprehensive and transdisciplinary point of view, as it was understood that living beings and their environments are not linear but complex. There is no doubt that this perspective of visualizing complexity and working inter-and transdisciplinarily has to be applied. The reflection on the theoretical observation (i.e. meta-observation) involved in the concept of poly-contexturality is the framework in which a theory of complex systems is possible, which in turn (...) enables an observation that oscillates (a concept of chaos theory) between modelsstructured in a hierarchical order (normally linked to a logical-deductive formalization) and models structured in hetero‐hierarchy. And this would allow this reflection to be done in a formalized language that does not follow either the principles of the Aristotelian logic or the postulates of the Kantian transcendental reflection. It is precisely this liberation from the dictates of mono-contextural logic what paves the way to an observation of complexity, in which one or the other language is used to model the states of things, such as the epistemological problems of molecular biology or the social systems. And-what is gaining relevance-it also paves the way to a true transdisciplinary meta-observation, since each discipline chooses its own contexture and only the use of poly-contexturality makesit possible to formulate transdisciplinary relationships within the framework of such meta-logic. (shrink)
All around the world, but especially in the Third World, we are confronted by beggars who appeal to our sympathy. Most of us have no principled way to deal with the situation. Should we give to them? How much? To what purpose? We are inclined to let our momentary feelings dictate our response. Although applied ethicists have been tackling the general question of poverty in the world and what we ought to do, if anything, to alleviate it, nobody seems to (...) have taken an interest in the specific part of the general question which involves mendicity. This paper argues, firstly, that the question of our duties, if any, towards beggars demands a reasoned answer, and secondly, that careful reasoning indicates that we should channel the resources we are ready to give to beggars not tothem directly but rather to charities, for they have more and better information on who can and should be helped. (shrink)
La perspectiva historiográfica ofrecida por la teoría de las consecuencias involuntarias puede ser reconceptualizada en una concepción del mercado que explique su funcionamiento como una continua interrelación entre individuos que desconocen las consecuencias colectivas de los cursos de acción que emprenden.Asimismo, podrían distinguirse dos versiones de dicha teoria; de un lado, Ia versión débil, que se correspondería con el concepto de mercado de Hayek, y, deI otro, Ia versión fuerte. EI objetivo de este artículo es proponer el concepto al que (...) hemos denominado el principio de ignorancia, que seria una concepción acerca deI desenvolvimiento deI mercado acorde con los rasgos propios de Ia versión fuerte de Ia teoría de las consecuencias involuntarias.The historiographical perspective of the theory of unintended consequences can be reconceptualized into a conception of the market which explains its operation as a continuous interaction among individuals that do not know the collective consequences of their behaviours.Also, two versions of this theory might be distinguished, the weak version, which corresponds to Hayek’s concept of market, and the strong version. The aim of this paper is to propose the concept that we have termed as ignorance principIe, which is a conception of the operation of the market that fits to the characteristics of the strong version of the theory of unintended consequences. (shrink)
Franz Rosenzweig : the other side of the West -- Dissimilation -- Hegel taken literally -- Utopia and redemption -- Walter Benjamin : the three models of history -- Metaphors of origin : ideas, names, stars -- The esthetic model -- The angel of history -- Gershem Scholem : the secret history -- The paradoxes of messianism -- Kafka, Freud, and the crisis of tradition -- Language and secularization.
" In their ground-breaking book, "What the Angel Taught You; Seven Keys to Life Fulfillment," two world-renowned educators collaborate to ask and answer some of ...
In a recent article, L. Angel ([2001]) argues that if we do not implement Newtonian physics adding to it a certain usual type of boundary condition, then this leads to the rejection of what he calls the P principle: ‘the composition of contact interactions does not create a noncontact interaction.’ Here I shall demonstrate that this conclusion does not follow. However, as will be made clear, this in no way diminishes the interest or importance of the model introduced by (...)Angel in his paper. 1 Introduction 2 The ‘impact without contact’ argument 3 Taking self-excitations seriously 4 Some interesting implications. (shrink)
Miguel Díaz has succeeded quite well not only in providing support for popular Hispanic religion through an analysis of ideas from Karl Rahner, but skillfully meets several possible objections or alternatives. Nonetheless, the more sophisticated forms of Hispanic theology must also be sustained, if only to address adequately the transcendental atheism that the current and subsequent generation of Latino/a college students will encounter.
Mediante un lenguaje paradojal, la obra de Miguel de Unamuno plantea de modo recurrente la cuestión de Dios, especialmente en el libro Del sentimiento trágico de la vida. Lo plantea bajo dos perspectivas: la del Dios pensado y la del Dios sentido. En ambos casos se trata de un Dios personal cuyo encuentro tiene lugar por vía de la intuición vivencial y el recogimiento. Se reconocen allí coincidencias con San Juan de la Cruz, y en general, con la mística (...) al privilegiar el sentimiento frente al entendimiento, la vivencia frente a la racionalidad. (shrink)
Traduçáo do artigo "'God is dreaming you': Narrative as Imitatio Dei in Miguel de Unamuno," artigo publicado originalmente Janus Head –Interdisciplinary Studies in Continental Philosophy, Literature, and the Arts , Volume 7, Issue 2.
This essay is an analytical extension of Roland Barthes’ structural analysis of an excerpt from the Old Testament (Genesis 32: 22–32), known as “The Struggle with the Angel”. It thus continues the search for “the third meaning” of this enigmatic passage. In this essay, “The Struggle with the Angel” is undertaken in the phenomenological (xenological) register which situates it in the liminal sphere at the crossing of disclosure and concealment. Subsequent semiotic analyses of three visual renditions of Genesis (...) 32: 22–32, Rembrandt’s “Jacob’s Struggle with the Angel”, Sir Jacob Epstein’s “Jacob and the Angel”, and Marc Chagall’s “Jacob Wrestling with the Angel”, show the “third meaning” of the passage to be predicated on the foundational relation between naming and facing, pointing to the understanding of “The Struggle” as the face-to-face relationship of love and responsibility grounded in ethics. (shrink)
In “The Angel in the Machine” I argue that the substantial concept of mind is heir to a number of consequences not previously appreciated, included among which (but not limited to) are both Solipsism and Atheism. In addition, I suggest that the difficulties I indicate were to some extent already understood by Aristotle who seems to have laid the foundation for two concepts of mind, one associated with human beings, the other with Angels. His distinction is recalled in the (...) Middle Ages, but seems finally to be lost in Descartes who appears to have linked the angel mind-concept to human beings and dispensed entirely with the concept that Aristotle originally reserved for the human. Hence “the Angel in the Machine”. (shrink)
I The Inner Self and the External Self There is no direct intuition of the self that is worth anything; the eye cannot see itself except in a mirror and the ...
This critical notice was occasioned by reading M. Espinoza, "Freedom in a Causally Determined World," Actas de las XIII Jornadas sobre Filosofía y Metodología Actual de la Ciencia, Jornadas sobre Libertad y Determinismo: Ciencias Sociales y Ciencias de la Naturaleza, Universidad de A Coruña, March 2008.
