The evolution of color categorization systems is investigated by simulating categorization games played by a population of artificial agents. The constraints placed on individual agent’s perception and cognition are minimal and involve limited color discriminability and learning through reinforcement. The main dynamic mechanism for population evolution is pragmatic in nature: There is a pragmatic need for communication between agents, and if the results of such communications have positive consequences in their shared world then the agents involved are positively rewarded, whereas (...) if the results have negative consequences, then involved agents are punished. A mechanism for changing the composition of the population due to agents’ birth and death is also investigated. This birth-death mechanism is found to effectively move an established population color naming system toward a theoretically more optimal one. The simulation results of this article provide insights regarding mechanisms that may constrain universal tendencies in human color categorization systems observed in the linguistic and anthropological literatures. (shrink)

We consider emergence from the perspective of dynamics: states of a system evolving with time. We focus on the role of a decomposition of wholes into parts, and attempt to characterize relationships between levels without reference to whether higher-level properties are “novel” or “unexpected.” We offer a classification of different varieties of emergence, with and without new ontological elements at higher levels. -/- Submitted to a volume on Real Patterns (Tyler Milhouse, ed.), to be published by MIT Press.

Ontologies are created to describe and reason over the knowledge of a domain of interest. This requires deep understanding of the domain, and therefore, the input and collaboration of the domain’s...

A non-technical introduction to quantum mechanics, the Everett interpretation, and the emergence of spacetime.

I discuss "Poetic Naturalism" -- there is only one world, the natural world, but there are many ways of talking about it -- both as a general concept, and how it accounts for our actual world. I talk about emergence, fundamental physics, entropy and complexity, the origins of life and consciousness, and moral constructivism.

I defend the extremist position that the fundamental ontology of the world consists of a vector in Hilbert space evolving according to the Schrödinger equation. The laws of physics are determined solely by the energy eigenspectrum of the Hamiltonian. The structure of our observed world, including space and fields living within it, should arise as a higher-level emergent description. I sketch how this might come about, although much work remains to be done.

It is commonplace in discussions of modern cosmology to assert that the early universe began in a special state. Conventionally, cosmologists characterize this fine-tuning in terms of the horizon and flatness problems. I argue that the fine-tuning is real, but these problems aren't the best way to think about it: causal disconnection of separated regions isn't the real problem, and flatness isn't a problem at all. Fine-tuning is better understood in terms of a measure on the space of trajectories: given (...) reasonable conditions in the late universe, the fraction of cosmological histories that were smooth at early times is incredibly tiny. This discussion helps clarify what is required by a complete theory of cosmological initial conditions. (shrink)

Some modern cosmological models predict the appearance of Boltzmann Brains: observers who randomly fluctuate out of a thermal bath rather than naturally evolving from a low-entropy Big Bang. A theory in which most observers are of the Boltzmann Brain type is generally thought to be unacceptable, although opinions differ. I argue that such theories are indeed unacceptable: the real problem is with fluctuations into observers who are locally identical to ordinary observers, and their existence cannot be swept under the rug (...) by a choice of probability distributions over observers. The issue is not that the existence of such observers is ruled out by data, but that the theories that predict them are cognitively unstable: they cannot simultaneously be true and justifiably believed. (shrink)

To the best of our current understanding, quantum mechanics is part of the most fundamental picture of the universe. It is natural to ask how pure and minimal this fundamental quantum description can be. The simplest quantum ontology is that of the Everett or Many-Worlds interpretation, based on a vector in Hilbert space and a Hamiltonian. Typically one also relies on some classical structure, such as space and local configuration variables within it, which then gets promoted to an algebra of (...) preferred observables. We argue that even such an algebra is unnecessary, and the most basic description of the world is given by the spectrum of the Hamiltonian and the components of some particular vector in Hilbert space. Everything else—including space and fields propagating on it—is emergent from these minimal elements. (shrink)

Graduate-level textbook in general relativity.

Effective Field Theory (EFT) is the successful paradigm underlying modern theoretical physics, including the "Core Theory" of the Standard Model of particle physics plus Einstein's general relativity. I will argue that EFT grants us a unique insight: each EFT model comes with a built-in specification of its domain of applicability. Hence, once a model is tested within some domain (of energies and interaction strengths), we can be confident that it will continue to be accurate within that domain. Currently, the Core (...) Theory has been tested in regimes that include all of the energy scales relevant to the physics of everyday life (biology, chemistry, technology, etc.). Therefore, we have reason to be confident that the laws of physics underlying the phenomena of everyday life are completely known. (shrink)

We study the question of how to decompose Hilbert space into a preferred tensor-product factorization without any pre-existing structure other than a Hamiltonian operator, in particular the case of a bipartite decomposition into "system" and "environment." Such a decomposition can be defined by looking for subsystems that exhibit quasi-classical behavior. The correct decomposition is one in which pointer states of the system are relatively robust against environmental monitoring (their entanglement with the environment does not continually and dramatically increase) and remain (...) localized around approximately-classical trajectories. We present an in-principle algorithm for finding such a decomposition by minimizing a combination of entanglement growth and internal spreading of the system. Both of these properties are related to locality in different ways. This formalism could be relevant to the emergence of spacetime from quantum entanglement. (shrink)

Achieving the global benefits of artificial intelligence (AI) will require international cooperation on many areas of governance and ethical standards, while allowing for diverse cultural perspectives and priorities. There are many barriers to achieving this at present, including mistrust between cultures, and more practical challenges of coordinating across different locations. This paper focuses particularly on barriers to cooperation between Europe and North America on the one hand and East Asia on the other, as regions which currently have an outsized impact (...) on the development of AI ethics and governance. We suggest that there is reason to be optimistic about achieving greater cross-cultural cooperation on AI ethics and governance. We argue that misunderstandings between cultures and regions play a more important role in undermining cross-cultural trust, relative to fundamental disagreements, than is often supposed. Even where fundamental differences exist, these may not necessarily prevent productive cross-cultural cooperation, for two reasons: (1) cooperation does not require achieving agreement on principles and standards for all areas of AI; and (2) it is sometimes possible to reach agreement on practical issues despite disagreement on more abstract values or principles. We believe that academia has a key role to play in promoting cross-cultural cooperation on AI ethics and governance, by building greater mutual understanding, and clarifying where different forms of agreement will be both necessary and possible. We make a number of recommendations for practical steps and initiatives, including translation and multilingual publication of key documents, researcher exchange programmes, and development of research agendas on cross-cultural topics. (shrink)

The concept of alienation: Hegelian themes in modern social thought -- Creative activity and alienation in Hegel and Marx -- The concept of labour -- The individual and society -- Freedom and the "realm of necessity" -- Alienation as a critical concept -- Private property and communism -- The division of labour and its overcoming -- Marx's concept of communism.

It seems natural to ask why the universe exists at all. Modern physics suggests that the universe can exist all by itself as a self-contained system, without anything external to create or sustain it. But there might not be an absolute answer to why it exists. I argue that any attempt to account for the existence of something rather than nothing must ultimately bottom out in a set of brute facts; the universe simply is, without ultimate cause or explanation.

We provide a derivation of the Born Rule in the context of the Everett (Many-Worlds) approach to quantum mechanics. Our argument is based on the idea of self-locating uncertainty: in the period between the wave function branching via decoherence and an observer registering the outcome of the measurement, that observer can know the state of the universe precisely without knowing which branch they are on. We show that there is a uniquely rational way to apportion credence in such cases, which (...) leads directly to the Born Rule. Our analysis generalizes straightforwardly to cases of combined classical and quantum self-locating uncertainty, as in the cosmological multiverse. (shrink)

Previous research indicates that ethical ideologies, issue-contingencies, and social context can impact ethical reasoning in different business situations. However, the manner in which these constructs work together to shape different steps of the ethical decision-making process is not always clear. The purpose of this study was to address these issues by exploring the influence of idealism and relativism, perceived moral intensity in a decision-making situation, and social context on the recognition of an ethical issue and ethical intention. Utilizing a sales-based (...) scenario and multiple ethics measures included on a self-report questionnaire, data were collected from a regional sample of business students, most of whom had modest work experience. The results indicated that perceived moral intensity was associated with increased ethical issue recognition and ethical intention. Idealism was also associated with increased ethical issue recognition, and relativism was associated with decreased ethical intention. Social consensus was positively related to ethical issue recognition and intention, while competitive context was inversely related to ethical intention. Finally, ethical issue recognition was associated with increased ethical intention. Idealism, moral intensity, social consensus, and work experience worked together as predictors of ethical issue recognition, whereas recognition of an ethical issue, relativism, moral intensity, social consensus, and competitive context worked together to predict ethical intention. (shrink)

The identity theory’s rise to prominence in analytic philosophy of mind during the late 1950s and early 1960s is widely seen as a watershed in the development of physicalism, in the sense that whereas logical behaviourism proposed analytic and a priori ascertainable identities between the meanings of mental and physical-behavioural concepts, the identity theory proposed synthetic and a posteriori knowable identities between mental and physical properties. While this watershed does exist, the standard account of it is misleading, as it is (...) founded in erroneous intensional misreadings of the logical positivists’—especially Carnap’s—extensional notions of translation and meaning, as well as misinterpretations of the positivists’ shift from the strong thesis of translation-physicalism to the weaker and more liberal notion of reduction-physicalism that occurred in the Unity of Science programme. After setting the historical record straight, the essay traces the first truly modern identity theory to Schlick’s pre-positivist views circa 1920 and goes on to explore its further development in Feigl, arguing that the fundamental difference between the Schlick-Feigl identity theory and the more familiar and influential Place-Smart-Armstrong identity theory has resurfaced in the deep and seemingly unbridgeable gulf in contemporary philosophy of consciousness between inflationary mentalism and deflationary physicalism. (shrink)

The Principle of Sufficient Reason (PSR) holds that, for everything that exists or occurs or holds true, there is a reason why that is the case. I consider three possible ways of relating physics to the PSR: past states as reasons for present states, reasons why the laws of physics take the form that they do, and reasons why there is anything at all. In each case I suggest that the PSR is not the best way of thinking about how (...) and why physics works. -/- Invited reflection for The Principle of Sufficient Reason (Oxford Philosophical Concepts), Eds. F. Amijee and M. Della Rocca (forthcoming 2024). (shrink)

This paper offers an unorthodox appraisal of empirical research bearing on the question of the low representation of women in philosophy. It contends that fashionable views in the profession concerning implicit bias and stereotype threat are weakly supported, that philosophers often fail to report the empirical work responsibly, and that the standards for evidence are set very low—so long as you take a certain viewpoint.

Why is the human mind able to perceive and understand the truth about reality; that is, why does it seem to be the mind's specific function to know the world? Sean Kelsey argues that both the question itself and the way Aristotle answers it are key to understanding his work De Anima, a systematic philosophical account of the soul and its powers. In this original reading of a familiar but highly compressed text, Kelsey shows how this question underpins Aristotle's (...) inquiry into the nature of soul, sensibility, and intelligence. He argues that, for Aristotle, the reason why it is in human nature to know beings is that 'the soul in a way is all beings'. This new perspective on the De Anima throws fresh and interesting light on familiar Aristotelian doctrines: for example, that sensibility is a kind of ratio, or that the intellect is simple, separate, and unmixed. (shrink)

The doctrine of the specious present, that we perceive or, at least, seem to perceive a period of time is often taken to be an obvious claim about perception. Yet, it also seems just as commonly rejected as being incoherent. In this paper, following a distinction between three conceptions of the specious present, it is argued that the incoherence is due to hidden metaphysical assumptions about perception and time. It is argued that for those who do not hold such assumptions, (...) so long as we are clear about what the doctrine is really saying, we can make perfect sense of the specious present doctrine. (shrink)

Prominent defenders of the Enlightenment, like Jürgen Habermas, are beginning to recognize that the characterization of human beings in entirely rational and secular terms leaves out something important. Religion, they admit, plays an important role in human existence. But the return to a traditional monotheistic religion seems sociologically difficult after the death of God. We argue that Homeric polytheism retains a phenomenologically rich account of the sacred, and a similarly rich understanding of human existence in its midst. By opening ourselves (...) up to the moods of wonder and gratitude at the root of Homer's sense of the sacred, we can re-appropriate a polytheistic understanding of the sacred that allows us to recover and revive the intensity and meaningfulness that Homer's polytheists enjoyed. (shrink)

Abstract According to Russellianism, the content of a Russellian thought, in which a person ascribes a monadic property to an object, can be represented as an ordered couple of the object and the property. A consequence of this is that it is not possible for a person to believe that a is F and not to believe b is F, when a=b. Many critics of Russellianism suppose that this is possible and thus that Russellianism is false. Several arguments for this (...) claim are criticized and it is argued that Russellians need not appeal to representational notions in order to defeat them. Contrary to popular opinion, the prospects for a pure Russellianism, a Russellianism without representations, are in fact very good. (shrink)

Starting from the special theory of relativity it is argued that the structure of an experience is extended over time, making experience dynamic rather than static. The paper describes and explains what is meant by phenomenal parts and outlines opposing positions on the experience of time. Time according to he special theory of relativity is defined and the possibility of static experience shown to be implausible, leading to the conclusion that experience is dynamic. Some implications of this for the relationship (...) of phenomenology to the physical world are considered. (shrink)

In Morality & Mathematics, Justin Clarke-Doane argues that it is hard to imagine being "a realist about, for example, the standard model of particle physics, but not about mathematics." I try to explain how that seems very possible from the perspective of a physicist. What is real is the physical world; mathematics starts from descriptions of the natural world and extrapolates from there, but that extrapolation does not imply any independent reality. -/- Submitted to an Analysis Reviews symposium on Clarke-Doane's (...) Morality & Mathematics. (shrink)

Science and religion both make claims about the fundamental workings of the universe. Although these claims are not a priori incompatible (we could imaginebeing brought to religious belief through scientific investigation), I will argue that in practice they diverge. If we believe that the methods of science can be used to discriminate between fundamental pictures of reality, we are led to a strictly materialist conception of the universe. While the details of modern cosmology are not a necessary part of this (...) argument, they provide interesting clues as to how an ultimate picture may be constructed. (shrink)

Why work? Most people say that they work only as a means to earn a living. This is also implied by the hedonist account of human nature which underlies utilitarianism and classical economics. It is argued in this paper that Marx’s concept of alienation involves a more satisfactory theory of human nature which is rooted in Hegel’s philosophy. According to this, we are productive beings and work is potentially a fulfilling activity. The fact that it is not experienced as such (...) is shown to be at the basis of Marx’s critique of capitalist society. (shrink)

The article discusses the characteristics of virtuous persons in relation to their social role(s). It explores the key features of the neo-Aristotelian account of right action and some problems for this account in the context of a certain social role. The problem can be characterized as a dilemma. When evaluating an action in some role, one view is that the obligations and requirements of roles could be taken as something already given by social or professional role descriptions, such that the (...) virtuous person must respond to these demands in the right way. Alternatively, the virtuous person could evaluate the role itself in terms of what the “good parent, teacher, doctor” and so on should be like. Using two different neo-Aristotelian approaches to the ethics of professional roles as examples I argue that neither strategy is, as it stands, satisfactory. ‘Internalism’ about role demands takes institutionally specified role requirements in a way that is too strongly determinate for a virtue ethical analysis. On the other side, ‘externalism’ is all too indeterminate in bypassing or failing to accommodate the institutionally determined demands of social or professional roles. These shortcomings contour an “institution shaped gap” in virtue ethics such that it needs to attend to the qualities of social institutions as well as the character and actions of individuals. In response I suggest that there is a distinctly Aristotelian way in which the virtue ethicist can address it, by appeal to the distinctive function or “characteristic activity”— ergon—of the institution. (shrink)

Aristotle's thesis in "Physics" I 8 is that a certain old and familiar problem about coming to be can only be solved with the help of the new account of the "principles" he has developed in "Physics" I 7. This is a strong thesis and the literature on the chapter does not quite do it justice; specifically, as things now stand we are left wondering why Aristotle should have found this problem so compelling in the first place. In this paper (...) I develop an interpretation which (I hope) will help to remedy this. I believe that Aristotle's problem about coming to be depends on a certain principle to the effect that "nothing can become what it already is" (it is this that is supposed to explain why τὸ ὄν cannot come to be ἐξ ὄντος -- cf. 191a30). The main innovation of the interpretation developed here is its suggestion that we understand this principle as a principle about kinds. So understood, the principle does not make the comparatively trivial point that nothing can become any individual it already is, but rather the more powerful and substantive point that nothing can become any kind of thing it already is. I argue that this is a point which Aristotle himself accepts and that this is why the problem about coming to be raises serious difficulties for him. I also discuss Aristotle's proposed solutions to this problem, explaining how each draws on his new account of the principles and why each is required for any full resolution of the difficulties the problem raises. In this way I hope to show how the interpretation developed here does justice to the very strong thesis with which Aristotle begins "Physics" I 8. I conclude briefly and somewhat speculatively with a suggestion as to why Aristotle might accept the principle on which I have suggested the problem turns. (shrink)

When there exists a situation in which a non-criminal trespasser is ceasing his property-directed aggression , departurism contends that libertarian law ought to require that the owner of the property in question allow for this trespasser to complete the process of his departure from the premises just in case death is the result of his eviction. Because such a case is relevantly similar to the case of a trespass within the womb the same course of action ought to be endorsed (...) by libertarian legal theory in either case. (shrink)

_Jet aircraft produce large quantities of greenhouse gases when in operation, so one way for an agent to reduce her individual greenhouse gas emissions is by reducing the extent to which she flies. Some groups have encouraged agents to give up on flying for life by committing to a “travel pledge”. I argue here that, for many agents, it is morally impermissible to commit to a lifelong travel pledge, because in doing so, they would prevent themselves from receiving what they (...) deserve. Most agents who commit to such a pledge exercise a great deal of virtue, and therefore deserve to have their lives go better, while also making a significant sacrifice, thus ensuring that their lives go worse. Because a single person’s travel pledge cannot make a significant difference to the progress of climate change, the morally desirable effects of such a pledge are outweighed by the morally undesirable effects on desert.__ _ _Keywords_: climate change; flight; travel; desert; altruism. (shrink)

This paper argues that a certain way of thinking about the function of the biobank—about what it does and is constructed for as a social institution aimed at ‘some good’—can and should play a substantial role in an effective biobanking ethic. It first exemplifies an ‘institution shaped gap’ in the current field of biobanking ethics. Next the biobank is conceptualized as a social institution that is apt for a certain kind of purposive functional definition such that we know it by (...) what it does and what it is designed to do. This purpose is then characterized further as essentially incorporating the human goods the institution is designed to serve, such that it plays a useful and indispensible role in how it should operate, i.e. in the ethics and governance of biobanking. Finally the ethical scope and limitations of such a theory is clarified by a discussion of some theoretical objections and suggested practical examples of its application. (shrink)

Many recent discussions of psychopaths have centered on the question of whether they can express ill-will when they act, a capacity which is generally taken to be required for moral blameworthiness. However, the debate over ill-will currently stands at an impasse; the participants are in substantial agreement as to which attitudes psychopaths can express, but disagree as to which attitudes count as ill-will. I argue that this impasse reflects an underlying, implicit disagreement as to which features of actions are wrong-making. (...) By uncovering this implicit disagreement and addressing it head-on, we should be able to break the impasse. (shrink)

According to an influential family of views, agents are virtuous when and because they possess the correct attitudes towards the actual good and bad. But there are multiple ways of conceptualizing the actual good and bad, and attitudes towards some conceptualizations of the good and bad seem to be irrelevant to moral character. It is deceptively difficult to provide a theoretical rationale for distinguishing between those conceptualizations of the good and bad that seem to be relevant and those that do (...) not: I argue that a previous attempt to provide such a rationale fails, as do a number of seemingly promising alternatives. This problem merits further attention not only because it shows that certain theoretical accounts of character are incomplete, but because it is likely to interfere with our ability to evaluate certain real-world agents, who care about the actual good conceptualized in certain ways but not in others. Since a generalized version of the problem of conceptualization also affects other “intrinsic” accounts of virtue and vice, I argue that we must either solve this problem or abandon such accounts. (shrink)

RésuméJe me demande ici si les conceptions pragmatiques de la vérité peuvent être réconciliées avec les intuitions ordinaires quant à la portée de la bivalence. Je soutiens que les pragmatistes sont conduits à accepter une distinction du genre «type / occurrence» entre les formes d'une investigation et ses instanciations particulières, sous peine de banaliser leur vérificationnisme. Néanmoins, même la conception révisée que j'examine échoue à sauver les approches épistémiques de la vérité de certaines conséquences peu plausibles.

This paper explores comedy as a queer pedagogical form that subverts problematic representational tropes of queerness pervading mainstream depictions of queer experience. Articulating ‘form’ less as a fixed arrangement of characters, images, objects, and ideas, and more as a kind of formation that positions these in dynamic relation to the wider context in which comedies are encountered, we mobilise the idea of queer pedagogical forms to capture how comedy can foster new modes of thinking about and embodying queerness for, and (...) with, audiences. Drawing on specific examples from Schitt’s Creek and Derry Girls, we document the potential of specific comedic modalities (e.g. irony, sarcasm, irreverence, and slapstick) to foster alternative representations of queerness, in which normative tropes are poked fun at, problematised, and reimagined. Through these examples, we demonstrate how comedies can enable us to ‘laugh ourselves out of the closets’ we live by, feel, navigate, and embody. (shrink)

The relationship between sexuality education and religion is often framed antagonistically, especially when it comes to tensions between the teaching of sexuality education and the priorities of some religious communities. In this paper, we argue that this antagonism can be structured as much by the prevalent forms of engagement that display it (dialogue and debate), as it is by the antagonism between contrasting ethical systems. While we acknowledge the importance of debate and dialogue in the public sphere, we contend that (...) appeals to these discursive forms in schools and classrooms can limit possibilities for rethinking engagements across sexuality education and religion. This is because of the tendency within certain manifestations of dialogue (for example, dialogical models connected to liberal political projects) to err on the side of predictability, rationality and abstraction. To address some of these limits, we draw on the recent turn to conversation in educational thinking. We think through the significance of conversation in offering a mode of engagement for students, teachers and school communities that is conditioned by the dispossession of the self and is attuned to the unpredictable, affective and contextual landscapes of shared encounters. We conclude with some thoughts on the practical implications of conversation for rethinking the role of the sexuality education teacher, practices of parental consultation and processes of policy enactment in schools. (shrink)

This book provides a clear, lively and highly readable introduction to the main themes of Plato's Republic. It covers Plato's social and political thought, his moral philosophy, his epistemology and metaphysics, and his philosophy of art and literature. Plato's theories in all these areas are presented in concise and straightforward terms. They are located in the context of the views of subsequent philosophers and critically assessed in the light of current debates. The contemporary significance of Plato's ideas is emphasized throughout.Lucid (...) and thought-provoking, this book succeeds in making a broad range of fundamental philosophical ideas widely accessible. It provides an ideal introduction to the Republic for students in courses in philosophy, political and social thought, classical studies, religious studies, literary theory, etc., as well as for the general reader.Key features* A clear, concise and highly readable introduction to Plato's Republic which covers all its main themes.* Lively and thought-provoking. Assesses Plato's ideas in the context of the history of philosophy and current debates.* Lucidly written. The ideal guide for students at all levels and for the general reader. * Full advice about further reading and extensive bibliography included. (shrink)

The existence of object-dependent thoughts has been doubted on the grounds that reference to such thoughts is unnecessaryor 'redundant'in the psychological explanation of intentional action.This paperarguesto the contrary that reference to object-dependent thoughts is necessary to the proper psycho- logical explanationof intentional action upon objects. Section I sets out the argument for the alleged explanatory redundancy of object-dependent thoughts; an argument which turns on the coherenceof an alternative'dual-component' model of explanation.Section II rebutsthis argumentby showing the dual- component model to be (...) incoherent precisely because of its exclusion of object-dependentthoughts. Section III concludes with a conjectureabout the furtherpossible significanceof object-dependenthoughtsfor the predictionof action. (shrink)

This paper discusses Marx’s concept of alienated (or estranged) labour, focusing mainly on his account in the Economic and Philosophical Manuscripts of 1844. This concept is frequently taken to be a moral notion based on a concept of universal human nature. This view is criticized and it is argued that the concept of alienation should rather be interpreted in the light of Hegelian historical ideas. In Hegel, alienation is not a purely negative phenomenon; it is a necessary stage of human (...) development. Marx’s account of alienated labour should be understood in similar terms. It is not a merely subjective discontent with work; it is an objective and historically specific condition, a stage in the process of historical development. Marx usually regards it as specific to capitalism. The criticism of capitalism implied in the concept of alienation, it is argued, does not appeal to universal moral standards; it is historical and relative. Overcoming alienation must also be understood in historical terms, not as the realization of a universal ideal, but as the dialectical supersession of capitalist conditions of labour. Marx’s account of communism as the overcoming of alienation is explained in these terms. (shrink)

Since 2007, capitalism has been going through its greatest crisis since the 1930s or before. In 2008, the banking system was saved from meltdown (at least for the time being) only by extensive government intervention in the USA, Britain, and a number of other countries. Stock markets all over the world plummeted. Then the crisis spread to the ‘real’ economy. A long and deep recession followed. Only now are we perhaps beginning to see what may – or may not – (...) be fragile signs of recovery. Capitalism, it is sometimes said, has been on the verge of collapse. (shrink)