Capitalism Beyond Mutuality?

Our quest for prosperity has produced great output but not always great outcomes. The list of concerns is growing and familiar. Fundamentally, when it comes to well-being, fairness, and the scope of our humanity, the modern economic system still leaves much to be desired. In turn, trust in business and the liberal market system (aka “capitalism”) has been declining and regulation has been rising. A variety of forces—civic, economic, and intellectual—have been probing for better alternatives. The contributions in this volume, coauthored by eminent philosophers, social scientists, and a handful of thoughtful business leaders, are submitted in this spirit. The thrust of the work is conveyed in the volume’s titular question: Capitalism Beyond Mutuality? Mutuality, or the exchange of benefits, has been established as the prime principle of interaction in addressing the chronic dilemma of human interdependence. Mutuality is a fundament in the social contract approach and it serves us well. Yet, to address the concerns outlined here, we must help evolve an economic paradigm where mutuality is more systematically complemented by reasoned and elective morality. Otherwise the state will remain the sole (if inadequate) protector and buffer between market and society. Hence, rather than just regulate power we must also educate power. Philosophy has a natural role, especially when education is the preferred vehicle of transformation. Accordingly, the essays in this volume integrate philosophy and social science to outline and explore concrete approaches to these important concerns emanating from business practice and theory.

Author(s):  
Subramanian Rangan

Our quest for prosperity has produced great output (i.e. performance) but not always great outcomes (i.e. progress). Despite mounting regulation when it comes to fairness, well-being, and the scope of our humanity, the modern economic system still leaves much to be desired. If practice is to evolve substantively and systematically, then we must help evolve an economic paradigm where mutuality is more systematically complemented by morality. The bases of this morality must rest, beyond the sympathetic sentiments envisaged by Adam Smith, on an expanded and intentional moral reasoning. Moral philosophy has a natural role in informing and influencing such a turn in our thinking, especially when education is the preferred vehicle of transformation. Indeed, rather than just regulate market power we must also better educate market power.


1988 ◽  
Vol 5 (2) ◽  
Author(s):  
Mona Abul Fadl

The need for a relevant and instrumental body of knowledge that can secure the taskof historical reconstruction in Muslim societies originally inspired the da’wa for the Islamizationof knowledge. The immediate targets for this da’wa were the social sciences for obvious reasons.Their field directly impinges on the organization of human societies and as such carries intothe area of human value and belief systems. The fact that such a body of knowledge alreadyexisted and that the norms for its disciplined pursuit were assumed in the dominant practiceconfronted Muslim scholars with the context for addressing the issues at stake. How relevantwas current social science to Muslim needs and aspirations? Could it, in its present formand emphasis, provide Muslims with the framework for operationalizing their values in theirhistorical present? How instrumental is it in shaping the social foundations vital for the Muslimfuture? Is instrumentality the only criteria for such evaluations? In seeking to answer thesequestions the seeds are sown for a new orientation in the social sciences. This orientationrepresents the legitimate claims and aspirations of a long silent/silenced world culture.In locating the activities of Muslim social scientists today it is important to distinguishbetween two currents. The first is in its formative stages as it sets out to rediscover the worldfrom the perspective of a recovered sense of identity and in terms of its renewed culturalaffinities. Its preoccupations are those of the Muslim revival. The other current is constitutedof the remnants of an earlier generation of modernizers who still retain a faith in the universalityof Western values. Demoralized by the revival, as much as by their own cultural alientation,they seek to deploy their reserves of scholarship and logistics to recover lost ground. Bymodifying their strategy and revalorizing the legacy they hope that, as culture-brokers, theymight be more effective where others have failed. They seek to pre-empt the cultural revivalby appropriating its symbols and reinterpreting the Islamic legacy to make it more tractableto modernity. They blame Orientalism for its inherent fixations and strive to redress its selfimposedlimitations. Their efforts may frequently intersect with those of the Islamizing current,but should clearly not be confused with them. For all the tireless ingenuity, these effortsare more conspicuous for their industry than for their originality. Between the new breadof renovationists and the old guard of ‘modernizers’, the future of an Islamic Social Scienceclearly lies with the efforts of the former.Within the Islamizing current it is possible to distinguish three principal trends. The firstopts for a radical perspective and takes its stand on epistemological grounds. It questionsthe compatibility of the current social sciences on account of their rootedness in the paradigmof the European Enlightenment and its attendant naturalistic and positivist biases. Consistencedemands a concerted e€fort to generate alternative paradigms for a new social science fromIslamic epistemologies. In contrast, the second trend opts for a more pragmatic approachwhich assumes that it is possible to interact within the existing framework of the disciplinesafter adapting them to Islamic values. The problem with modern sciene is ethical, notepistemological, and by recasting it accordingly, it is possible to benefit from its strengthsand curtail its derogatory consequences. The third trend focuses on the Muslim scholar, rather ...


1988 ◽  
Vol 14 (2) ◽  
pp. 149-152 ◽  
Author(s):  
Michael Nicholson

The Economic and Social Research Council recently published a Report commissioned from a committee chaired by Professor Edwards, a psychiatrist, so that the Council, and the social science community in general, might know what was good and bad in British social sciences, and where the promising future research opportunities lie over the next decade. Boldly called ‘Horizons and Opportunities in the Social Sciences’, the Report condensed the wisdom of social scientists, both British and foreign, and concludes with a broadly but not uncritically favourable picture of the British scene.


1999 ◽  
Vol 4 (3) ◽  
pp. 184-192 ◽  
Author(s):  
Tim May

Attention to reflexivity is often assumed to be the means through which the assumptions and values of social scientists may be uncovered. Researchers are thus called upon to position themselves explicitly in terms of their place within the research process in order that their interpretations may be assessed according to situated aspects of their social selves. Taking a reconstructive social science as one whose aim is to examine our pre-theoretical knowledge in the spirit of producing more adequate accounts of the social world, this article seeks to make sense of these ideas in relation to their consequences for producing an engaged practice and body of knowledge.


2019 ◽  
Vol 59 (1) ◽  
pp. 59-92 ◽  
Author(s):  
Brigitte Nerlich ◽  
Aleksandra Stelmach ◽  
Catherine Ennis

Epigenetics is a multifaceted field within genetics and genomics which focuses on discovering mechanisms involved in gene expression and regulation. It came to public attention around the turn of the millennium when the human genome began to be deciphered. Initial findings from epigenetics research held the promise of changing how we think about health and illness, evolution and heredity; speculations about how individuals and populations could begin to control such processes through epigenetics were then picked up in the public realm. In this article we concentrate on two normally distant domains within the public sphere: the advertising of alternative health products and services, and the promotion of alternative approaches to social science, especially around how social science deals with the ‘biosocial’. Using insights from social representations theory and methods aligned with metaphor analysis, we investigate the meanings of epigenetics rooted in the use of metaphors and commonplaces that are circulating in current popular parlance and that are used to promote academic theories and ideas as well as tangible products and services. We compare and contrast them and assess their implications for collaborations between natural and social scientists. Our findings reveal some surprising similarities between the metaphors and commonplaces used by advertisers and social scientists, based in large part on the fact that both groups draw on the work of prominent epigeneticists. In both instances some fundamental tenets of mainstream biology are contested, and hopes are created for improving individual or population well-being through the manipulation of epigenetic mechanisms. Both domains share some misunderstandings of epigenetics that might lead to problems with interdisciplinary collaborations between social and natural scientists.


2020 ◽  
Vol 5 (7) ◽  
pp. e002672
Author(s):  
Myles Leslie ◽  
Raad Fadaak ◽  
Jan Davies ◽  
Johanna Blaak ◽  
PG Forest ◽  
...  

This paper outlines the rapid integration of social scientists into a Canadian province’s COVID-19 response. We describe the motivating theory, deployment and initial outcomes of our team of Organisational Sociologist ethnographers, Human Factors experts and Infection Prevention and Control clinicians focused on understanding and improving Alberta’s responsiveness to the pandemic. Specifically, that interdisciplinary team is working alongside acute and primary care personnel, as well as public health leaders to deliver ‘situated interventions’ that flow from studying communications, interpretations and implementations across responding organisations. Acting in real time, the team is providing critical insights on policy communication and implementation to targeted members of the health system. Using our rapid and ongoing deployment as a case study of social science techniques applied to a pandemic, we describe how other health systems might leverage social science to improve their preparations and communications.


2019 ◽  
Vol 10 (2) ◽  
pp. 243-250
Author(s):  
Muhammad Tasiu Dansabo ◽  
Muhammad Muhammad Bello

The debate on the scientific status of the Social Sciences and their bid to achieve objectivity in their inquiries is an unending debate within and outside the Social Science family. The positivists are of the opinion that objectivity in Social Science is achievable and that scientific methods can be used in Social Science inquiry, just the same or similar way(s) the natural scientists do their scientific endeavor. To the positivists ‘value-free Social Science’ is possible. This position is however criticized even within the Social Sciences, let alone in the scientific world. All these debates centered on whether or not the Social Scientists are truly scientific in their quest for knowledge. No matter the outcome of the debate what is obvious is that there is a philosophical problem with scientific objectivity in general. Based on a historical review of the development of certain scientific theories, in his book, ‘the Structure of scientific revolutions’, a scientist and a historian Thomas Kuhn raised some philosophical objections to claims of the possibility of scientific understanding being truly objective. Against this backdrop, the paper seeks to unravel the varied theoretical debates on the subject.


1999 ◽  
Vol 9 (1) ◽  
pp. 127-155 ◽  
Author(s):  
Cristina Bicchieri ◽  
Yoshitaka Fukui

Norms of discrimination against women and blacks, norms of revenge still alive in some Mediterranean countries, and norms that everybody dislikes and tries to circumvent, such as the invisible norms of reciprocity that hold among the Iks studied by Turnbull, are all examples of unpopular and inefficient norms that often persist in spite of their being disliked as well as being obviously inefficient from a social or economic viewpoint. The world of business is not immune to this problem. In all those countries in which corruption is endemic, bribing public officials to get lucrative contracts is the norm, but it is often true that such a norm is disliked by many, and that it may lead to highly inefficient social outcomes (Bicchieri and Rovelli 1995).From a functionalist viewpoint such norms are anomalous, since they do not seem to fulfill any beneficial role for society at large or even for the social groups involved in sustaining the norm. In many cases it would be possible to gain in efficiency by eliminating, say, norms of racial discrimination, in that it would be possible to increase the well-being of a racial minority without harming the rest of society. To social scientists who equate persistence with efficiency, the permanence of inefficient norms thus presents an anomaly. They rest their case on two claims: when a norm is inefficient, sooner or later this fact will become evident. And evidence of inefficiency will induce quick changes in the individual choices that sustain the norm. That is, no opportunity for social improvement remains unexploited for long. Unfortunately, all too often this is not the case, and this is not because people mistakenly believe inefficient norms to be good or efficient.


2016 ◽  
Vol 47 (2) ◽  
pp. 145-161 ◽  
Author(s):  
Richard Lauer

The predictive inadequacy of the social sciences is well documented, and philosophers have sought to diagnose it. This paper examines Brian Epstein’s recent diagnosis. He argues that the social sciences treat the social world as entirely composed of individual people. Instead, social scientists should recognize that material, non-individualistic entities determine the social world, as well. First, I argue that Epstein’s argument both begs the question against his opponents and is not sufficiently charitable. Second, I present doubts that his proposal will improve predictive success for the social sciences, which I support with Edith Penrose’s resource-based theory of the firm.


1968 ◽  
Vol 6 (1) ◽  
pp. 104-106
Author(s):  
John Lonsdale

This year it was the turn of Dar es Salaam to act as host to the social scientists, now numbering nearly 200, from the three constituent colleges of the University of East Africa, together with visitors from the Universities of Malawi and Zambia, from Tanzanian government ministries, and places as widely separated as Kinshasa and Leeds. As at last year's conference (reported by Martin Lowenkopf in The Journal of Modern African Studies, IV, 4, 1966), the discussions were trans-disciplinary, even if the tight timetable of parallel disciplinary panels prevented delegates from taking full advantage of this. This reporter was unable to range far beyond the history meeting-room.


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