Derek Allen, Richard Boyd, and Alan Gilbert have suggested that Marx’s normative political views should be reconstructed as a sophisticated version of moral consequentialism. This paper investigates whether Marx’s ostensible anti-moralism differs in any interesting way from Mill’s sophisticated utilitarianism plus some Marxist social science. I present an account of the social meaning and implications of moral language and argument, based on Marx’s description of morality as a social practice based on distinctive motives, emotions and sanctions, to explain why Marx (...) would reject moral consequentialism. This account will explain how Marx can consistently reject morality yet retain a normative basis for his social criticism. (shrink)

The stakeholder perspective has provided a rich forum for a variety of debates at the intersection of business and society. Scholars gathered for two consecutive years, first in North America, and then in Europe, to discuss the major issues surrounding what has come to be known as stakeholder theory, to attempt to find common ground, and to uncover areas in need of further inquiry. Those meetings led to a list of “tensions” and a call for papers for this special issue (...) to help address them. In this article, we introduce the resulting articles and provide some brief commentary on their importance. We end with a few of our own observations about the stakeholder perspective and stakeholder research. (shrink)

A fundamental claim associated with parallel distributed processing theories of cognition is that knowledge is coded in a distributed manner in mind and brain. This approach rejects the claim that knowledge is coded in a localist fashion, with words, objects, and simple concepts, that is, coded with their own dedicated representations. One of the putative advantages of this approach is that the theories are biologically plausible. Indeed, advocates of the PDP approach often highlight the close parallels between distributed representations learned (...) in connectionist models and neural coding in brain and often dismiss localist theories as biologically implausible. The author reviews a range a data that strongly challenge this claim and shows that localist models provide a better account of single-cell recording studies. The author also contrast local and alternative distributed coding schemes and argues that common rejection of grandmother cell theories in neuroscience is due to a misunderstanding about how localist models behave. The author concludes that the localist representations embedded in theories of perception and cognition are consistent with neuroscience; biology only calls into question the distributed representations often learned in PDP models. (shrink)

This paper argues that the notion of value has been overly simplified and narrowed to focus on economic returns. Stakeholder theory provides an appropriate lens for considering a more complex perspective of the value that stakeholders seek as well as new ways to measure it. We develop a four-factor perspective for defining value that includes, but extends beyond, the economic value stakeholders seek. To highlight its distinctiveness, we compare this perspective to three other popular performance perspectives. Recommendations are made regarding (...) performance measurement for both academic researchers and practitioners. The stakeholder perspective on value offered in this paper draws attention to those factors that are most closely associated with building more value for stakeholders, and in so doing, allows academics to better measure it and enhances managerial ability to create it. (shrink)

Data science, and the related field of big data, is an emerging discipline involving the analysis of data to solve problems and develop insights. This rapidly growing domain promises many benefits to both consumers and businesses. However, the use of big data analytics can also introduce many ethical concerns, stemming from, for example, the possible loss of privacy or the harming of a sub-category of the population via a classification algorithm. To help address these potential ethical challenges, this paper maps (...) and describes the main ethical themes that were identified via systematic literature review. It then identifies a possible structure to integrate these themes within a data science project, thus helping to provide some structure in the on-going debate with respect to the possible ethical situations that can arise when using data science analytics. (shrink)

Volume 19, Issue 11, November 2019, Page 85-87.

Stakeholder theory focuses on how more value is created if stakeholder relationships are governed by ethical principles such as integrity, respect, fairness, generosity and inclusiveness. However, it has not adequately addressed strategies that stakeholders perceive as harmful to their interests and how this perception can even lead some stakeholders to view the firm’s strategies as unethical. To fill the void, this paper directly addresses strategies that stakeholders perceive as harmful to their interests, or what we refer to as harmful stakeholder (...) strategies. Specifically, it identifies factors associated with stakeholder perceptions of harm that are likely to cause them to consider a strategy unethical, examines the negative implications for firms that pursue such strategies in terms of likely stakeholder responses and damage to stakeholder relationships, and provides theory to help explain how firms are likely to respond to stakeholder claims that a strategy is unethical, based on factors such as the strategic importance of the claim to the firm, how long the strategy has been in use, the costs of remediation, the risk of stakeholder mobilization or new regulation, and whether firms can reasonably rationalize their actions. Assessing harm allows a firm to make a more accurate estimate of the costs of a strategy and can assist managers in allocating resources intended to reduce or remediate harm. (shrink)

Margaret Gilbert’s ‘Three Dogmas about Promising’ is a paradigm-shifting contribution to the literature, not only for its account of promissory obligation based on joint commitment, but for its equally important focus on two properties of such obligation, which her account uniquely and elegantly captures: first, that the duty to keep a promise is necessary—the obligation stands regardless of the content or morality of the promise—and, second, that it is directed, with the promisee having unique standing to demand performance. A related (...) point, implied by Gilbert’s argument, is that moral requirements, alone, can never have those properties. Here I challenge that point, arguing that moral requirements, under the right circumstances, can give rise to necessary and directed obligations, after all, and I propose one such moral obligation of which the duty to keep a promise may well be an instance. Nevertheless, I conclude, it may not provide as plausible a basis of promissory obligation as joint commitment. (shrink)

While discovery of error provides personal gain for the entrepreneur, does this process automatically allocate value equitably among all stakeholders? We argue that the entrepreneurial process can be used to generate or maintain an entrepreneur’s personal wealth through the exploitation of a stakeholder group. Thus entrepreneurship can be both an equilibrating and a disequilibrating process and that both the visible hand of government and the decisions of an entrepreneur can speed or slow our movement toward value equilibrium. Speed toward value (...) equilibrium is likely to be important to a victimized stakeholder group and deserves further scholarly attention. (shrink)

Short-term performance increases that are sometimes observed after CEO successions may be evidence of self-interested behavior. New CEOs may cut allocations to long-term investment areas such as research and development (R&D), capital equipment and pension funds in an effort to drive up short-term profits and secure their positions. However, such actions have unfavorable consequences for some stakeholders. This study provides evidence that both R&D and pension funding are reduced subsequent to a succession, even after accounting for industry trends. The expected (...) short-term profitability increases are also observed.A major implication of these results is that boards of directors and other interested parties should carefully monitor the actions of new CEOs with regard to their treatment of R&D and pension funding if they would like to prevent such actions from occurring. This study also highlights the need to investigate other potential self-interested behaviors of new CEOs. (shrink)

This paper considers the problem of causal explanation in classical and statistical thermodynamics. It is argued that the irreversibility of macroscopic processes is explained in both formulations of thermodynamics in a teleological way that appeals to entropic or probabilistic consequences rather than to efficient-causal, antecedental conditions. This explanatory structure of thermodynamics is not taken to imply a teleological orientation to macroscopic processes themselves, but to reflect simply the epistemological limitations of this science, wherein consequences of heat-work asymmetries are either macroscopically (...) measurable (entropy) or calculable (probabilities), while efficient-causal relationships are obscure or indeterminable. (shrink)

Do firms respond to changes in economic growth by altering their corporate social responsibility programs? If they do respond, are their responses simply neglect of areas associated with corporate social performance or do they also cut back on positive programs such as profit sharing, public/private housing programs, or charitable contributions? In this paper, we argue that because CSP-related actions and programs tend to be discretionary, they are likely to receive less attention during tough economic times, a result of cost-cutting efforts. (...) However, the various CSP performance areas vary in terms of their resource requirements and their influence on financial performance, which suggests that firms may respond differently depending on area. Consequently, in addition to examining CSP concerns separately from positive actions and programs, we also examine the influence of economic growth across the five areas of diversity, employee relations, the environment, product quality/safety, and the community. Based on data from 837 firms over 15 years, our results suggest that firms neglect some areas associated with CSP during economic downturns, resulting in increased concerns about community and employee relations, product safety/quality, and the environment. However, this relationship does not apply to positive actions and programs. Instead, firms tend to increase their positive CSP programs in areas such as diversity, employee relations, and the environment during periods of slow economic growth and reduce them when the economy picks up. We offer potential explanations for our findings and discuss their importance to research on CSP. (shrink)

Sibley et al. (2008) report a recurrent neural network model designed to learn wordform representations suitable for written and spoken word identification. The authors claim that their sequence encoder network overcomes a key limitation associated with models that code letters by position (e.g., CAT might be coded as C‐in‐position‐1, A‐in‐position‐2, T‐in‐position‐3). The problem with coding letters by position (slot‐coding) is that it is difficult to generalize knowledge across positions; for example, the overlap between CAT and TOMCAT is lost. Although we (...) agree this is a critical problem with many slot‐coding schemes, we question whether the sequence encoder model addresses this limitation, and we highlight another deficiency of the model. We conclude that alternative theories are more promising. (shrink)

"What is whole on earth? … [D]oesn't this building of the times upon each other make the whole of our species into a formless monstrous structure [zum unförmlichen Riesengebäude], where one carries away what another began to build, where what never should have been built remains standing and in centuries finally everything becomes One Ruin [Ein Schutt], amongst which, the more broken and crumbling it is, the more confidently the hesitating people live?" "Johann Gottfried Herder, Ideen zur Philosophie der Geschichte (...) der Menschheit1"With the subordination of Church to State introduced by the principle of “cuius…. (shrink)

Recent perspectives on community investments suggest that they are opportunities for firms to create value for shareholders and other stakeholders. However, many corporate managers are still influenced by a widely held belief that such investments erode profits and are therefore unjustifiable from an agency perspective. In this paper, we refine and test theory regarding countervailing forces that influence community-based firm performance. We hypothesize that high levels of available slack will be associated with higher community-based performance, but that this relationship will (...) be moderated by three important governance variables: board independence, investment fund ownership, and CEO ownership. We find support for our hypotheses in longitudinal study of a large sample of U.S. corporations. (shrink)

While discovery of error provides personal gain for the entrepreneur, does this process automatically allocate value equitably among all stakeholders? We argue that the entrepreneurial process can be used to generate or maintain an entrepreneur’s personal wealth through the exploitation of a stakeholder group. Thus entrepreneurship can be both an equilibrating and a disequilibrating process and that both the visible hand of government and the decisions of an entrepreneur can speed or slow our movement toward value equilibrium. Speed toward value (...) equilibrium is likely to be important to a victimized stakeholder group and deserves further scholarly attention. (shrink)

Theology and science are both essential to the process of making sense of the world. Yet their relationship over the centuries has been largely adversarial. The Darwinian revolution, in particular, has necessitated a radical reinterpretation of the traditional dogma concerning creation. In this paper I discuss two general issues that presently obstruct communication between scientists and theologians in this arena and that are brought into acute focus by Wolfhart Pannenberg. First, the need to exercise care in the use of such (...) denotative concepts as field especially in understanding the Darwinian character of the evolutionary process is addressed. Second, the ontological room science necessarily leaves theology in this enterprise is considered. (shrink)

Forgiving wrongdoers who neither apologized, nor sought to make amends in any way, is controversial. Even defenders of the practice agree with critics that such “unilateral” forgiveness involves giving up on the meaningful redress that victims otherwise justifiably demand from their wrongdoers: apology, reparations, repentance, and so on. Against that view, I argue here that when a victim of wrongdoing sets out to grant forgiveness to her offender, and he in turn accepts her forgiveness, he thereby serves some important ends (...) of apology and reparation, no matter what else he did—or did not do—by way of repair. Although much overlooked, the simple act of accepting forgiveness joins victim and offender in affirming and acting upon some important shared background assumptions, including many of those expressed in standard apologies. Perhaps more surprisingly, I argue that accepting forgiveness also fulfills the duty to counteract any concrete harm wrongfully inflicted. The argument helps explain some otherwise puzzling features of forgiveness, including that a victim can change her offender’s normative status, making him a less fitting target of the resentment, indignation and shunning of others, and even his own guilt pangs, simply by forgiving him. (shrink)

I will discuss some of the implications of the ongoing Darwinian revolution for theology as a constructor and interpreter of human meaning. Focus will be directed toward the following issues: How should we best understand ourselves in the new, evolutionary cosmos? What are the problems with the kind of genetic reductionism espoused by neo‐Darwinism? How are those problems resolved by the “relational” understanding of life made available by thermodynamics and ecology? How do we generate meaning‐structures in this relationally‐constituted cosmos? Finally, (...) how do these developments enrich our understandings of responsibility—to each other and to our private conceptions of God? (shrink)

In Explaining Attitudes, Lynne Rudder Baker considers two views of what it is to have a propositional attitude, the Standard View and Pragmatic Realism, and attempts to argue for Pragmatic Realism. The Standard View is, roughly, the view that “the attitudes, if there are any, are particular brain states”. In contrast, Pragmatic Realism that a person has a propositional attitude if and only if there are certain counterfactuals true of that person.Baker’s case against the Standard View is a complex one. (...) One aspect of that case is that there are no good general arguments for the Standard View. We argue that one of the three she considers, an argument from causal explanation, can be defended. The problematic premise, according to Baker, is the claim that unless beliefs are [identical to, constituted by, or realized by] brain states, they cannot causally explain behavior. Baker tackles this premise in two ways: in Chapter 4, she attempts to undermine the brain-explain thesis by taking issue with the conception of causal explanation that she believes supports it; in Chapter 5, she argues against the brain-explain thesis directly, by attempting to show that it is false, whether or not the Standard View is true. Neither of these attempts are successful, on our view.The alternative version of the causal argument we develop uses the doctrine of physicalism as a supplementary premise rather than appeal to a reductive conception of causal explanation. After presenting this alternative version, we consider how Baker might respond to it by drawing on her discussion of materialism. We conclude that Baker’s argument against materialism does not generalize to physicalism as we construe it. (shrink)

Thucydides' and Herodotus' comments on a portentous (and unique) Delian earthquake contain the same phrase, but date the event almost 60 years apart and mutually rule out each other's datings. Two additional problems in these passages point to an explanation for the historians' treatment. They are based on the Delphic oracle quoted by Herodotus which promised to , a paradox based on the island's mythical transition from floating to fixed (Pindar), but liable to confusion with its equally well-known aseismicity. Normally (...) meant (1.1). (shrink)

This book is an empirical study of global citizenship education in ten secondary schools in the United States and Asia. Proponents seek to equip students with the consciousness and competencies necessary to make a world of universal benevolence, peace, and prosperity. However, many of the moral assumptions of global citizenship education are more complex and contradict these goals, and are just as likely to have the unintended consequence of reinforcing a more particular Western individualism. Dill argues that global citizenship education (...) in its current forms has significant limits that proponents have not yet acknowledged, which may very well undermine it in the long run. (shrink)

Deep neural networks (DNNs) have had extraordinary successes in classifying photographic images of objects and are often described as the best models of biological vision. This conclusion is largely based on three sets of findings: (1) DNNs are more accurate than any other model in classifying images taken from various datasets, (2) DNNs do the best job in predicting the pattern of human errors in classifying objects taken from various behavioral datasets, and (3) DNNs do the best job in predicting (...) brain signals in response to images taken from various brain datasets (e.g., single cell responses or fMRI data). However, these behavioral and brain datasets do not test hypotheses regarding what features are contributing to good predictions and we show that the predictions may be mediated by DNNs that share little overlap with biological vision. More problematically, we show that DNNs account for almost no results from psychological research. This contradicts the common claim that DNNs are good, let alone the best, models of human object recognition. We argue that theorists interested in developing biologically plausible models of human vision need to direct their attention to explaining psychological findings. More generally, theorists need to build models that explain the results of experiments that manipulate independent variables designed to test hypotheses rather than compete on making the best predictions. We conclude by briefly summarizing various promising modeling approaches that focus on psychological data. (shrink)

Christine Korsgaard claims that an agent is less than fully rational if she allows some attitude to inform her deliberation even though she cannot justify doing so. I argue that there is a middle way, which Korsgaard misses, between the claim that our attitudes neither need nor admit of rational assessment, on the one hand, and Korsgaard's claim that the attitudes which inform our deliberation always require justification, on the other: an agent needs reasons to opt out of her concerns (...) – not reasons to opt into them or to stay in. As long as an agent has no good reason to abandon some concern of hers, she is reasonable to harbour it, and to allow it to inform her view of what reasons she has. A rational agent must therefore have the capacity to form higher-order attitudes toward her concerns; but rationality only requires that she exercise that capacity when she has some good reason to do so. (shrink)

While classical schools today typically exhibit a carefully considered approach to the linguistic arts of the trivium, the equally important mathematical arts of the quadrivium have received relatively little consideration. This being so, mathematics is often approached in ways that are not distinctly classical. This article seeks to establish the importance of the quadrivial arts as a means of ascending from lower to higher things. Though most know Plato’s comparison of a lack of education to being imprisoned in a cave, (...) relatively few are familiar with the role the quadrivial arts play in ascending from the cave. Because the mathematical arts cultivate and direct the imagination, they enable students to move beyond sensible particulars to the formation of forms and figures by the mind. Thus, the mathematical arts help free us from an undue preoccupation with lower things and direct us toward the pursuit of knowledge and what truly is. (shrink)

The advancement of science requires the publication of research results so other scientists may examine, confirm, and build upon them, and the publishing ecosystem that mediates this process has undergone dramatic change over recent decades. This article takes a broad view of the biomedical research publishing system from its origins in the 17th century to the present day. It begins with a story from the author’s lab that illustrates a scientist’s complex interactions with the publishing system and then reviews the (...) history, growth, and evolution of scientific publishing, including several recent disruptive developments: the digital transformation, the open access (OA) movement, the creation of “predatory journals,” and the emergence of preprint archives. Each has influenced scientific peer review and editorial decision-making, two processes critical to the conduct of medical and scientific research and culture. After briefly discussing concerns about the impact of politics on editorial decision-making, the article closes with thoughts on the future evolution of this publishing ecosystem, which will impact the biomedical research ecosystem that depends upon it. Beyond accelerated speed and improved access to publications, the community should prioritize research aimed at further enhancing the quality and impact of published research, the core goal of the scientific enterprise. [End Page 358]. (shrink)

The Securities and Exchange Commission requires publicly held US corporations to disclose all information, whether it is positive or negative, that might be relevant to an investor's decision to buy, sell, or hold a company's securities. The decisions made by corporate managers to disclose such information can significantly affect the judgments and decisions of investors. This paper examines academic accounting research on corporate managers' voluntary disclosures of earnings forecasts and non-GAAP earnings measures. Much of the evidence from this research indicates (...) that some managers engage in opportunistic disclosure behavior that often benefits one group (managers and shareholders) at the expense of other groups (often other investors). The paper concludes by discussing the ethical implications of this behavior. (shrink)

Explores the sublime as an unmasterable excess of beauty that marks the limit of representation, in language that requires a firm grasp on the concepts and terminology of modern (that is, pre-postmodern) philosophy.

Scott McQuire _Visions of Modernity_ London: Sage Publications, 1998 ISBN 0-7619-5301-9 270 pp.

This paper views such distinctions as creation and degeneration or good and evil in the Eastern sense of unity in polarity rather than in the Western sense of dual, antagonistic principles. Hence it considers the thermodynamic forces of evolution as processes of creation driven by entropy dissipation and explores the analogies this conception bears to the Hindu image of nature as the changing mist of a universal breath. Using this image, the paper examines the sense in which the second law (...) of thermodynamics connects chance and teleology in the operations of nature and provides for a causal hierarchy in which decision and volitional behavior co‐participate with the laws of nature to determine the course of evolution. (shrink)

We argue that Bayesian models are best categorized as methodological or theoretical. That is, models are used as tools to constrain theories, with no commitment to the processes that mediate cognition, or models are intended to approximate the underlying algorithmic solutions. We argue that both approaches are flawed, and that the Enlightened Bayesian approach is unlikely to help.