The prevailing pedagogical approach in business ethics generally underestimates or even ignores the powerful influences of situational factors on ethical analysis and decision-making. This is due largely to the predominance of philosophy-oriented teaching materials. Social psychology offers relevant concepts and experiments that can broaden pedagogy to help students understand more fully the influence of situational contexts and role expectations in ethical analysis. Zimbardo's Stanford Prison Experiment is used to illustrate the relevance of social psychology experiments for business ethics instruction.

The accurate pricing of securities in the capital markets depends upon the markets being both efficient and fair. In management buyout transactions (MBOs), the price bid by inside managers enhances the efficient pricing of securities but raises a reasonable doubt about the fairness to existing shareholders. This study addresses this fairness question in MBOs and offers short-term and long-term legal alternatives which allow both the efficiency and fairness criteria to be met. In the short-term the case law established in the (...) Basic v. Levinson decision for merger negotiation disclosures should be applied to MBO transactions. Over the longer horizon, legislative changes should be made to existing securities laws. Applying the investor protection principles of the 1933 and 1934 securities acts to MBO transactions will suppress the temptation of managers to extract shareholder wealth for their personal gain. (shrink)

Open peer commentary on the article “Learning How to Innovate as a Socio-epistemological Process of Co-creation: Towards a Constructivist Teaching Strategy for Innovation” by Markus F. Peschl, Gloria Bottaro, Martina Hartner-Tiefenthaler & Katharina Rötzer. Upshot: I introduce and discuss an advancement of the idea of “learning from the future,” called “interacting with the envisioned future.” Further, this approach is put into the context of the target article and the perspective of radical constructivism.

The earnings of African American women increased throughout the 1960s and 1970s, yet by the 1980s there were signs of a reversal. Using data from the 1980 and 1990 censuses of population, this study examines the deterioration in Black women's earnings across the 1980s. The authors ask what caused the earnings reversal given the improvements in Black women's human capital and industrial locations. The study finds that while the returns to schooling and industrial distribution improved over the decade, these gains (...) were offset by the negative effects of changing family structure, nonmetropolitan residence, and occupational redistribution. Noteworthy is the fact that despite higher returns for public sector employment, work in this sector contributed little to Black women's changing economic status, perhaps because of cutbacks in affirmative action programs. The authors also find evidence of a widening bifurcation among African American women workers, with growing numbers of this group concentrated in the lower end of the earnings distribution. (shrink)

Global soft law, multistakeholder norms, the business practices and policies of leading companies, the expectations of...

RESUMENPresento una exposición de los argumentos de M. Dummett contra el proyecto davidsoniano de reducir, al menos en la formulación de una teoría del significado, la fuerza de habla de una emisión al sentido de una oración que funcione como un adscriptor de dicha fuerza. Constitutivas de tales argumentos son las tesis de que no hay fuerza sin convenciones lingüísticas y de que la fuerza de la aserción es un factor esencial en la determinación de la creencia.PALABRAS CLAVEFUERZA DEL HABLA-MODO (...) VERBAL-ASERCIÓN-CREENCIAABSTRACTAs it is known Frege distinguished two factors in meaning, sense and force. Now, the force of an utterance cannot be identified syntactically with the verbal mood of a sentence. On face of it Davidson tries to maintain a very formal conception of language analyzing the force in terms of truth-conditions, that is to say, in terms of sense.He introduces his paratactic analysis. But there is an objection by Dummett that the force is beyond the sense and so the meaning has a factor of use which is not formally reducible.KEYWORDSMEANING-FORCE-SENSE-PRATACTIC ANALYSIS. (shrink)

In his influential After Finitude. An Essay on the Necessity of Contingency (2008), Quentin Meillassoux argues that *Correlationism* (an umbrella-term encompassing most varieties of Idealism) gives rise to an irresolvable paradox, called "the Paradox of the Arche-fossil", which is essentially a clash between philosophical principles and scientific findings. This irresolvable paradox of Correlationism then paves the way for the "Speculative Turn" and the ensuing rise of burgeoning "speculative realism" in Continental Philosophy: noumenal reality, as-it-is-in-and-of-itself, "the Great Outdoors", is back on (...) the Continental stage, open for speculative thought and even metaphysical knowledge. We attempt to provide a thorough and charitable analysis of the Paradox of the Arche-fossil. Our analyses lead us to conclude that Meillassoux's argument fails, due to an ambiguity with regard to the concept of being that cannot be repaired. We end by directing attention to another ominous threat to Correlationism, ignored by Meillassoux and all "speculative realists" alike, which is still breathing. (shrink)

I am extremely grateful to Brandon Daniel-Hughes and Jeffrey Speaks for their careful reading of my proposals in Theology after the Birth of God and Practicing Safe Sects and for their insightful suggestions for clarifying the project and following out its social implications. Both essays were instructive and provocative, providing exactly the kind of critical and constructive commentary that authors hope their work will evoke. We share a great deal in common, including a robustly naturalist metaphysics, an appreciation for the (...) pragmatic philosophical tradition, and a deep concern about the psychological and political shape of future human communities. Instead... (shrink)