Mainstream economics evaluates capitalism primarily from the perspective of efficiency. Social philosophy typically applies other or additional normative criteria, such as equality, democracy, and community. This essay examines the implications of these contrasting sets of criteria in the evaluation of capitalism. Its first two sections consider the criteria themselves, assuming that a trade-off exists between them. The last three sections question whether such a trade-off necessarily occurs, and explore the claim that improvements in nonefficiency dimensions of capitalist society may enhance, (...) rather than conflict with, efficiency. (shrink)

This paper develops a political economic explanation of the 2007–9 US subprime crisis which focuses on one of its central causes: the transformation of racial exclusion in US mortgage-markets. Until the early 1990s, racial minorities were systematically excluded from mortgage-finance due to bank-redlining and discrimination. But, then, racial exclusion in credit-markets was transformed: racial minorities were increasingly given access to housing-credit under terms far more adverse than were offered to non-minority borrowers. This paper shows that the emergence of the subprime (...) loan is linked, in turn, to the strategic transformation of banking in the 1980s, and to the unique global circumstances of the US macro-economy. Thus, subprime lending emerged from a combination of the long US history of racial exclusion in credit-markets, the crisis of US banking, and the position of the US within the global economy. From the viewpoint of the capitalist accumulation-process, these loans increased the depth of the financial expropriation of the working class by financial capital. The crisis in subprime lending then emerged when subprime loans with exploitative terms became more widespread and were made increasingly on an under-collateralised basis – that is, when housing-loans became not just extortionary but speculative. (shrink)

Mainstream economics evaluates capitalism primarily from the perspective of efficiency. Social philosophy typically applies other or additional normative criteria, such as equality, democracy, and community. This essay examines the implications of these contrasting sets of criteria in the evaluation of capitalism. Its first two sections consider the criteria themselves, assuming that a trade-off exists between them. The last three sections question whether such a trade-off necessarily occurs, and explore the claim that improvements in nonefficiency dimensions of capitalist society may enhance, (...) rather than conflict with, efficiency. (shrink)

This paper argues that exploitation is a central and non-redundant concept in a Marxian understanding of capitalism. This finding runs counter to John Roemer’s conclusion in his critical reexamination of exploitation. For a static setting with perfectly competitive markets, Roemer shows that exploitation is a property of agents which derives from unequal wealth endowments, that is, from differential ownership of productive assets, not a social relation between capitalists and workers. Further, he shows that DOPA suffices in this setting to generate (...) core phenomena in Marxian theory-accumulation, domination, alienation, and inequality-with no reference to an independent notion of exploitation. Roemer concludes that DOPA is the central analytical category in Marxian theory, and exploitation a redundant, indeed incorrect, concept therein. A direct implication is that distributive justice should be Marxism’s central ethical concern. The basis for Roemer’s sweeping conclusion is that his model is general, incorporating no special institutional assumptions and abstracting from any impediments to market equilibria. That is, his conclusion rests on an ahistorical, timeless economic model. (shrink)

This paper develops a political economic explanation of the 2007–9 US subprime crisis which focuses on one of its central causes: the transformation of racial exclusion in US mortgage-markets. Until the early 1990s, racial minorities were systematically excluded from mortgage-finance due to bank-redlining and discrimination. But, then, racial exclusion in credit-markets was transformed: racial minorities were increasingly given access to housing-credit under terms far more adverse than were offered to non-minority borrowers. This paper shows that the emergence of the subprime (...) loan is linked, in turn, to the strategic transformation of banking in the 1980s, and to the unique global circumstances of the US macro-economy. Thus, subprime lending emerged from a combination of the long US history of racial exclusion in credit-markets, the crisis of US banking, and the position of the US within the global economy. From the viewpoint of the capitalist accumulation-process, these loans increased the depth of the financial expropriation of the working class by financial capital. The crisis in subprime lending then emerged when subprime loans with exploitative terms became more widespread and were made increasingly on an under-collateralised basis – that is, when housing-loans became not just extortionary but speculative. (shrink)

John Roemer's comment succinctly summarizes the logical structure of his own theory of capitalist exploitation, but misunderstands the main points of our critique. He reduces his argument to two propositions. The first is an “empirical proposition”about the “root causes of exploitation”: X + Y → Z, where X is the existence of differential ownership of means of production, Y is coercion in the labor process, and Z is the capitalist class structure and exploitation. The second is the strictly theoretical proposition (...) X + not- Y -” Z, the truth of which he demonstrates, given most of the assumptions of a Walrasian economic model. He concludes that these two propositions, taken together, demonstrate the primacy of DOPA in explaining capitalist class relations. This much is true – subject to the various limitations we have indicated in our article – but only within the restricted confines of a Walrasian framework. This purely theoretical conclusion has no force as an empirical conclusion: this is the point at which Roemer's interpretation goes awry. For obviously, DOPA is a crucial element of empirical reality. But because Roemer's Walrasian framework precludes other equally crucial elements of empirical reality, an irreducible distance remains therein between the theoretical and the empirical. (shrink)

The burgeoning literature on global value chains has recast our understanding of how industrial clusters are shaped by their ties to the international economy, but within this context, the role played by corporate social responsibility continues to evolve. New research in the past decade allows us to better understand how CSR is linked to industrial clusters and GVCs. With geographic production and trade patterns in many industries becoming concentrated in the global South, lead firms in GVCs have been under growing (...) pressure to link economic and social upgrading in more integrated forms of CSR. This is leading to a confluence of “private governance”, “social governance”, and “public governance”. This new form of “synergistic governance” is illustrated with evidence from recent studies of GVCs and industrial clusters, as well as advances in theorizing about new patterns of governance in GVCs and clusters. (shrink)

This is the first detailed assessment of the life and work of Felix Guattari--"Mr. Anti" as the French press labelled him--the friend of and collaborator with..

This book offers a detailed look at Guattari's working methods in transdisciplinary experimentation from the time of his youth to his final years.His youthful adventures in the post-war Youth Hostels movement, decisive contact with institutional pedgagogy and the mentor figures of Fernand Oury and his brother Jean, give rise to an extraordinary penchant for organizational innovation in his life at Clinique de La Borde in Cour-Cheverny, France, and collective forms of expression manifested in publishing ventures and diverse collaborative research formations.Guattari's (...) highly original and hitherto neglected theories of a-signifyng semiotics and minor cinema are explored in depth with reference to the political goals of the critique of infoculture and the molecular revolutionary tendencies that are released in the search for a people to come.Guttari's engagement with eco-politics and art practices displays his originality as a political thinker and is firmly grounded on his exporation of how subjectivity is produced inlate capitalism.Guattari's ground-breaking conception of transversal politics is fully explored in relation to Michel Foucault's sense of the concept and its role in global political theory. (shrink)

There is no doubt science is currently suffering from a credibility crisis. This thought-provoking book argues that, ironically, science's credibility is being undermined by tools created by scientists themselves. Scientific disinformation and damaging conspiracy theories are rife because of the internet that science created, the scientific demand for empirical evidence and statistical significance leads to data torturing and confirmation bias, and data mining is fuelled by the technological advances in Big Data and the development of ever-increasingly powerfulcomputers. Using a wide (...) range of entertaining examples, this fascinating book examines the impacts of society's growing distrust of science, and ultimately provides constructive suggestions for restoring the credibility of the scientific community. (shrink)

In the voluminous literature on the subject of bovine growth hormone (bGH) we have yet to find an attempt to frame the issue in specifically moral terms or to address systematically its ethical implications. I argue that there are two moral objections to the technology: its treatment of animals, and its dislocating effects on farmers. There are agricultural biotechnologies that deserve funding and support. bGH is not one of them.

We model happiness as a measurement tool used to rank alternative actions. Evolution favors a happiness function that measures the individual’s success in relative terms. The optimal function, in particular, is based on a time-varying reference point –or performance benchmark –that is updated over time in a statistically optimal way in order to match the individual’s potential. Habits and peer comparisons arise as special cases of such updating process. This updating also results in a volatile level of happiness that continuously (...) reverts to its long-term mean. Throughout, we draw a parallel with a problem of optimal incentives, which allows us to apply statistical insights from agency theory to the study of happiness. (shrink)

A new position in the philosophy of mind has recently appeared: the extended mind hypothesis (EMH). Some of its proponents think the EMH, which says that a subject's mental states can extend into the local environment, shows that internalism is false. I argue that this is wrong. The EMH does not refute internalism; in fact, it necessarily does not do so. The popular assumption that the EMH spells trouble for internalists is premised on a bad characterization of the internalist thesis—albeit (...) one that most internalists have adhered to. I show that internalism is entirely compatible with the EMH. This view should prompt us to reconsider the characterization of internalism, and in conclusion I make some brief remarks about how that project might proceed. (shrink)

Bovine growth hormone is a protein that occurs naturally in cattle. A chain of 190 amino acids, bGH is produced by the pituitary gland and helps to regulate a cow’s lactational cycle; generally speaking and up to a certain point, the more bGH a cow has, the more milk she gives. Using the techniques of genetic engineering, researchers at Monsanto Company have isolated the gene that produces the protein and devised low-cost techniques to manufacture it. Bacteria are placed into fermentation (...) chambers where they multiply rapidly; lab technicians then extract and purify the final product, which is identical to the naturally occurring protein in 189 of the 190 amino acids; and the product is then injected into cows. (shrink)

We have Nietzsche to thank for some of the most important accomplishments in intellectual history, but as Gary Shapiro shows in this unique look at Nietzsche’s thought, the nineteenth-century philosopher actually anticipated some of the most pressing questions of our own era. Putting Nietzsche into conversation with contemporary philosophers such as Deleuze, Agamben, Foucault, Derrida, and others, Shapiro links Nietzsche’s powerful ideas to topics that are very much on the contemporary agenda: globalization, the nature of the livable earth, and (...) the geopolitical categories that characterize people and places. Shapiro explores Nietzsche’s rejection of historical inevitability and its idea of the end of history. He highlights Nietzsche’s prescient vision of today’s massive human mobility and his criticism of the nation state’s desperate efforts to sustain its exclusive rule by declaring emergencies and states of exception. Shapiro then explores Nietzsche’s vision of a transformed garden earth and the ways it sketches an aesthetic of the Anthropocene. He concludes with an explanation of the deep political structure of Nietzsche’s “philosophy of the Antichrist,” by relating it to traditional political theology. By triangulating Nietzsche between his time and ours, between Bismarck’s Germany and post-9/11 America, Nietzsche’s Earth invites readers to rethink not just the philosopher himself but the very direction of human history. (shrink)

A properly programmed artificially intelligent agent may eventually have one duty, the duty to satisfice expected welfare. We explain this claim and defend it against objections.

In The Tragedy of the Self, Gary F. Greif attributes social violence and individual isolation to a contemporary neglect of a fundamental human need for support that only human culture and interaction can promote and reinforce. Greif bases this interpretation on the works of Heinz Kohut, a psychoanalyst who by degrees transformed Freud's theory of the instincts into a theory of the self. Kohut maintains that every individual fundamentally requires continual human support in order to live with confidence and (...) hope. Greif introduces Kohut's understanding of the nature, development, and disintegration of the self, analyzes modern and contemporary assumptions regarding the individualistic, anti-social nature of humans, and concludes that contemporary societal assumptions regarding the acceptance of individualism reflect and perpetuate a tragic human condition. Greif argues that the inability of the self to experience a human, fulfilling life is a tragedy intensified by a century of economic and cultural forces promoting social antagonism. A unique and stimulating book, The Tragedy of the Self will appeal to professionals in psychoanalytic psychology, self-psychology, and philosophy as well as academics and students in the Humanities and Social Sciences. (shrink)

We submit this brief in support of the Nonhuman Rights Project’s efforts to secure habeas corpus relief for the elephant named Happy. We reject arbitrary distinctions that deny adequate protections to other animals who share with protected humans relevantly similar vulnerabilities to harms and relevantly similar interests in avoiding such harms. We strongly urge this Court, in keeping with the best philosophical standards of rational judgment and ethical standards of justice, to recognize that, as a nonhuman person, Happy should be (...) released from her current confinement and transferred to an appropriate elephant sanctuary, pursuant to habeas corpus. (shrink)

"... Shapiro's book is bursting with thoughts, and if one is willing to mine them, one is sure to find items of interest or provocation." —The Journal of Aesthetics and Art Criticism Taking issue with a widely held view that Nietzsche's writings are essentially fragmentary or aphoristic, Gary Shapiro focuses on the narrative mode that Nietzsche adopted in many of his works. Such themes as eternal recurrence, the question of origins, and the problematics of self-knowledge are reinterpreted in the (...) context of the narratives in which Nietzsche develops or employs them. (shrink)

Of the theologians and philosophers now writing on biblical narrative, Hans Frei and Paul Ricoeur are probably the most prominent. It is significant that their views converge on important issues. Both are uncomfortable with hermeneutic theories that convert the text into an abstract philosophical system, an ideal typological structure, or a mere occasion for existential decision. Frei and Ricoeur seem knit together in a common enterprise; they appear to be building a single narrative theology. I argue that the appearance of (...) symmetry is an illusion. There is a fundamental conflict between the ‘pure narrativism’ of Frei and the ‘impure narrativism’ of Ricoeur. I give reasons for thinking that Ricoeur’s is the stronger position. (shrink)

Agricultural biotechnology refers to a diverse set of industrial techniques used to produce genetically modified foods. Genetically modified (GM) foods are foods manipulated at the molecular level to enhance their value to farmers and consumers. This book is a collection of essays on the ethical dimensions of ag biotech. The essays were written over a dozen years, beginning in 1988. When I began to reflect on the subject, ag biotech was an exotic, untested, technology. Today, in the first year of (...) the millenium, the vast majority of consumers in the United States have taken a bite of the apple. Milk produced by cows injected with a GM protein called recombinant bovine growth hormone (bGH), is found, unlabelled, on grocery shelves throughout the US. In 1999, half of the soybeans and cotton harvested in the US were GM varieties. Billions of dollars of public and private monies are being invested annually in biotech research, and commercial sales now reach into the tens of billions of dollars each year. Whereas ag biotech once promised to change American agriculture, it now is in the process of doing so. (shrink)

Sam, your newborn son, has been suffocating in your arms for the past 15 minutes. You’re as certain as you can be that he is going to die in the next 15.

Should the law recognize an elephant’s right to be released from solitary confinement? The New York State Court of Appeals—the highest court in the State of New York—will consider this question on May 18. At issue is an Asian elephant named Happy. But happy she is not. Every human being has a right to bodily liberty because they have strong interests that this right protects. Since Happy has the same strong interests, the Court should recognize Happy’s right to be freed (...) from solitary confinement. (shrink)

Crump et al.’s contribution to assessing whether decapods feel pain raises an important question: Is pain distributed unevenly across the order? The case for pain appears stronger in Pleocyemata than in Dendrobranchiata. Some studies report pain avoidance behaviors in Dendrobranchiata (Penaeidae) shrimp, but further studies are needed to determine whether the chemicals used are acting as analgesics to relieve pain, or as soporifics to reduce overall alertness. If the latter, the most farmed shrimp species may not require the same level (...) of protection as crabs, crayfish, and lobsters. (shrink)

We submit this brief in support of the Nonhuman Rights Project’s efforts to secure habeas corpus relief for the elephant named Happy. The Supreme Court, Bronx County, declined to grant habeas corpus relief and order Happy’s transfer to an elephant sanctuary, relying, in part, on previous decisions that denied habeas relief for the NhRP’s chimpanzee clients, Kiko and Tommy. Those decisions use incompatible conceptions of ‘person’ which, when properly understood, are either philosophically inadequate or, in fact, compatible with Happy’s personhood.

This book develops and defends a conception of commitment and explores its limits. Gary Chartier shows how commitment serves to resolve conflicts between ordinary moral intuitions and the reality that the basic aspects of human well-being are incommensurable. He outlines a variety of overlapping and mutually reinforcing rationales for making commitments, explores the relationship between commitment and vocation and the relevance of commitment to love, and notes some reasons why it might make sense to disregard one’s commitments. The Logic (...) of Commitment will appeal to ethicists interested in the connection between commitment and personal well-being, and to anyone who wonders why and when it might make sense to make or keep commitments. (shrink)

In this paper I argue for the following six claims: 1) The problem is that some think metacognition and consciousness are dissociable. 2) The solution is not to revive associationist explanations; 3) …nor is the solution to identify metacognition with Carruthers’ gatekeeping mechanism. 4) The solution is to define conscious metacognition; 5) … devise an empirical test for it in humans; and 6) … apply it to animals.

In a memorial essay on the philosopher Stephen Toulmin (1922–2009), the author discusses ideas that he and Toulmin drew, over the years, from their reading and coteaching of Tolstoy. He speculates that Toulmin's interest in Tolstoy may have been encouraged by Wittgenstein, Toulmin's teacher and a lover of Tolstoy. All three men understood philosophy as having taken a wrong turn with the rise of rationalism, which occasioned to the idea that social life could be shown to conform to a hard (...) science modeled on Newtonian physics. They saw the dream of a social science as entirely spurious, the superstition of the modern world. They found the idea—held by economists and disciplines inspired by their models—that social processes tend to a predictable optimality absurd, both because the hallmark of real life is imperfection and because (so far as predictability is concerned) time is open to alternatives. Although he did not use the term “casuistry,” which Toulmin revived, Tolstoy saw ethics as a matter of case-based reasoning irreducible to a system; and both thinkers regarded the realist novel as the natural home of ethics viewed this way. Anna Karenina also contains an argument about modernization and reform similar to the one that Toulmin advances in Return to Reason. Toulmin took a special, and evidently personal, delight in that novel's portrait of the shortcomings of intellectuals, for whom abstract theory and solidarity with other intellectuals count above all. Such intellectuals, portrayed in the novel and all too common in Toulmin's time, smugly dismiss truly independent thinkers as “reactionary,” unenlightened, or unable to rise above the messiness of lived experience to the theoretical world of which intellectuals are the masters. Such thinking, the essay concludes, assures intellectuals' sense of superiority but at the cost of real understanding. (shrink)

Despite their professed multiculturalism, educated Americans find it hard to imagine that others do not share their liberal values. Does not everyone love their children and want peace? The author of the article, a Tolstoy scholar and student of Russian culture, discusses topics—war, revolution, and what one scholar has called “secular kenosis”—that mark radical differences between Russians and Americans. He then describes a debate between Tolstoy and Dostoevsky over whether morality demands military intervention when a barbarous regime practices widespread torture (...) and massacre. The two novelists pose the issues in ways that shed light on a question still relevant today. (shrink)

The argument for vegetarianism from overlapping species goes like this. Every individual who is the subject of a life has a right to life. Some humans—e.g., the severely congenitally cognitively limited—lack language, rationality, autonomy, and self-consciousness, and yet they are subjects of a life. Severely congenitally cognitively limited humans have a right to life. Some animals—e.g., all mammals—lack language, rationality, autonomy, and self-consciousness, and yet they are subjects of a life. We ought to treat like cases alike. The cases of (...) some humans are like the cases of some animals. Therefore, some animals have a right to life. -/- The argument seems not to have moved many people to change their diets. The reason, I suggest, is not because the argument is unsound but because our ability to change our dietary practices is difficult and we lack the imaginative resources to see the world from a nonhuman perspective. -/- I suggest that creative artists are of great value here, and I provide an example by referring to the work of the American novelist, Cormac McCarthy. (shrink)

The paper argues that we should not genetically engineer hogs to suit the preferences of farmers and consumers.

Erotic Wisdom provides a careful reading of one of Plato's most beloved dialogues, the Symposium, which explores the nature and scope of human desire (erôs). Gary Alan Scott and William A. Welton engage all of the dialogue's major themes, devoting special attention to illuminating Plato's conception of philosophy. In the Symposium, Plato situates philosophy in an intermediate (metaxu) position--between need and resource, ignorance and knowledge--showing how the very lack of what one desires can become a guiding form of contact (...) with the objects of human desire. The authors examine the concept of intermediacy in relation both to Platonic metaphysics and to Plato's moral psychology, arguing that philosophy, for Plato, is properly understood as a kind of "being in-between," as the love of wisdom (philosophia) rather than the possession of it. (shrink)