Although the academic interest in ethical mutual fund performance has developed steadily, the evidence to date is mainly sample-specific. To tackle this critique, new research should extend to unexplored countries. Using this as a motivation, we examine the performance and risk sensitivities of Canadian ethical mutual funds vis-à-vis their conventional peers. In order to overcome the methodological deficiencies most prior papers suffered from, we use performance measurement approaches in the spirit of Carhart (1997, Journal of Finance 52(1): 57–82) and Ferson (...) and Schadt (1996, Journal of Finance 51(2): 425–461). In doing so, we investigate the aggregated performance and investment style of ethical and conventional mutual funds and allow for time variation in the funds’ systematic risk. Our␣Canadian evidence supports the conjecture that any␣performance differential between ethical mutual funds and their conventional peers is statistically insignificant. (shrink)

A flourishing literature assesses how sustainable business models create and capture value in socio-ecological systems. Nevertheless, we still know relatively little about how the organization of sustainable business models—of which cross-sector partnerships represent a core and distinctive mechanism—can support socio-ecological resilience. We address this knowledge gap by taking a complex adaptive systems (CAS) perspective. We develop a framework that identifies the key strategic, institutional, and learning elements of partnerships that sustainable business models rely on to support socio-ecological resilience. With our (...) analytical framework, we underpin the importance of assessing sustainable business initiatives in terms of their impact on resilience at the level of socio-ecological systems, not just of organizations. Therefore, we reveal how cross-sector partnerships provide the organizational support for sustainable business models to support socio-ecological resilience. By combining the key features of CAS and the key elements of partnerships, we provide insight into the formidable task of designing cross-sector partnerships so that they support socio-ecological resilience and avoid unintended consequences. (shrink)

Political CSR scholars argue that multi-stakeholder initiatives (MSIs) should be designed to facilitate deliberation among corporations, civil society groups, and others affected by corporate conduct for their decisions to be considered democratically legitimate. However, critics argue that decisions reached within deliberative MSIs will lack democratic legitimacy so long as corporations are granted a role in helping to make them. If the critics are correct, it leads to a paradox. Corporations must be excluded from holding decision-making authority within MSIs if they (...) are to function as democratically legitimate regulatory institutions at a global level. However, this risks severely diminishing the incentive of corporations to support and participate within MSIs, which often depend heavily for their success on the visibility provided them by corporate participants. In this paper, I argue that this apparent paradox should be considered irrelevant to the future study of MSIs since it is both unnecessary and impractical for researchers to focus on establishing democratically legitimate systems of governance within them. Instead, I recommend an approach informed by three touchstones of pragmatic philosophy to guide their future study—a criterion of usefulness, wariness of category disputes and commitment to experimentalism. I conclude by drawing on research in political science and social psychology that demonstrates an important practical role for deliberation within such organizations, arguing that researchers must zero in on the role that inclusive deliberation can play in bolstering their effectiveness as regulatory instruments. (shrink)

J. L. Ackrill's work on Plato and Aristotle has had a considerable influence upon ancient philosophical studies in the late twentieth century. In his writings the rigour and clarity of contemporary analytic philosophy are brought to bear upon ancient thought; in many cases he has provided thefirst analytic treatment of a key issue. Gathered now in this volume are the best of Ackrill's essays on the two greatest philosophers of antiquity. With philosophical acuity and philological expertise he examines (...) a wide range of texts and topics--from ethics and logic to epistemology andmetaphysics--which continue to be in the focus of debate. (shrink)

Peter Lewis ([1997]) has recently argued that the wavefunction collapse theory of GRW (Ghirardi, Rimini and Weber [1986]) can only solve the problem of wavefunction tails at the expense of predicting that arithmetic does not apply to ordinary macroscopic objects. More specifically, Lewis argues that the GRW theory must violate the enumeration principle: that 'if marble 1 is in the box and marble 2 is in the box and so on through marble n, then all n marbles are in the (...) box' ([1997], p. 321). Ghirardi and Bassi ([1999]) have replied that it is meaningless to say that the enumeration principle is violated because the wavefunction Lewis uses to exhibit the violation cannot persist, according to the GRW theory, for more than a split second ([1999], p. 709). On the contrary, we argue that Lewis's argument survives Ghirardi and Bassi' s criticism unscathed. We then go on to show that, while the enumeration principle can fail in the GRW theory, the theory itself guarantees that the principle can never be empirically falsified, leaving the applicability of arithmetical reasoning to both micro- and macroscopic objects intact. (shrink)

J. L. Ackrill; VIII*—Aristotle's Definitions of Psuche, Proceedings of the Aristotelian Society, Volume 73, Issue 1, 1 June 1973, Pages 119–134, https://doi.org.

Rob Clifton was one of the most brilliant and productive researchers in the foundations and philosophy of quantum theory, who died tragically at the age of 38. Jeremy Butterfield and Hans Halvorson collect fourteen of his finest papers here, drawn from the latter part of his career (1995-2002), all of which combine exciting philosophical discussion with rigorous mathematical results. Many of these papers break wholly new ground, either conceptually or technically. Others resolve a vague controversy intoa precise technical problem, which (...) is then solved; still others solve an open problem that had been in the air for soem time. All of them show scientific and philosophical creativity of a high order, genuinely among the very best work in the field. The papers are grouped into four Parts. First come four papers about the modal interpretation of quantum mechanics. Part II comprises three papers on the foundations of algebraic quantum field theory, with an emphasis on entanglement and nonlocality. The two papers in Part III concern the concept of a particle in relativistic quantum theories. One paper analyses localization; the other analyses the Unruh effect (Rindler quanta) using the algebraic approach to quantum theory. Finally, Part IV contains striking new results about such central issues as complementarity, Bohr's reply to the EPR argument, and no hidden variables theorems; and ends with a philosophical survey of the field of quantum information. The volume includes a full bibliography of Clifton's publications. Quantum Entanglements offers inspiration and substantial reward to graduates and professionals in the foundations of physics, with a background in philosophy, physics, or mathematics. (shrink)

In this chapter, Rob Lovering provides some possible answers to the question of whether God—understood as an omniscient, omnipotent, omnibenevolent, spiritual, personal deity who created the universe—knows what it’s like to undergo a positive, psychoactive, drug-induced experience; or, as he puts it for short, whether God knows what it’s like to get high. For either God knows what it’s like to get high or he does not and, in any case, interesting metaphysical, epistemological, and value theoretical questions arise. Lovering concludes (...) that, collectively, the possible answers he provides to the question of whether God knows what it’s like to get high generate an intriguing (and paradoxical) conclusion: It is hard to see how God could know what it’s like to get high, but it is also hard to see how he could not know what it’s like to get high. (shrink)

In this paper, we argue that the professional engineering institutions ought to develop a Declaration of Climate Action. Climate change is a serious global problem, and the majority of greenhouse gas emissions come from industries that are enabled by engineers and represented by the engineering professional institutions. If the professional institutions take seriously the claim that a profession should be self-regulating, with codes of ethics that go beyond mere obedience to the law, and if they take their own ethical codes (...) seriously, recognising their responsibility to the public and to future generations, the professional institutions ought to develop a declaration for engineers, addressing climate change. Our argument here is largely inspired by the history of the Declaration of Helsinki. The Declaration of Helsinki was created by the medical profession for the profession, and it held physicians to a higher standard of ethical conduct than was found in the legal framework of individual countries. Although it was not originally a legal document, the influence of the Declaration can be seen in the fact that it is now enshrined in law in a number of different countries. Thus, we argue that the engineering profession could, and should, play a significant role in the abatement of climate change by making changes within the profession. If the engineering profession sets strict standards for professional engineers, with sanctions for those who refuse to comply, this could have a significant impact in relation to our efforts to develop a coordinated response to climate change. (shrink)

This book looks at the origins and the many contemporary meanings of the virtual. Rob Shields shows how the construction of virtual worlds has a long history. He examines the many forms of faith and hysteria that have surrounded computer technologies in recent years. Moving beyond the technologies themselves he shows how the virtual plays a role in our daily lives at every level. The virtual is also an essential concept needed to manage innovation and risk. It is real but (...) not actual, ideal but not abstract. The virtual, he argues, has become one of the key organizing principles of contemporary society in the public realms of politics, business and consumption as well as in our private lives. (shrink)

Creativity: Theory, History, Practice offers important new perspectives on creativity in the light of contemporary critical theory and cultural history. Innovative in approach as well as argument, the book crosses disciplinary boundaries and builds new bridges between the critical and the creative. It is organized in four parts: · Why creativity now? offers much-needed alternatives to both the Romantic stereotype of the creator as individual genius and the tendency of the modern creative industries to treat everything as a commodity. · (...) Defining creativity, creating definitions traces the changing meaning of "create" from religious ideas of divine creation from nothing to advertising notions of concept creation. It also examines the complex history and extraordinary versatility of terms such as imagination, invention, inspiration and originality. · Creation as myth, story, metaphor begins with modern re-telling of early African, American and Australian creation myths and -picking up Biblical and evolutionary accounts along the way - works round to scientific visions of the Big Bang, bubble universes and cosmic soup. · Creative practices, cultural processes is a critical anthology of materials, chosen to promote fresh thinking about everything from changing constructions of "literature" and "design" to artificial intelligence and genetic engineering. Rob Pope takes significant steps forward in the process of rethinking a vexed yet vital concept, all the while encouraging and equipping readers to continue the process in their own creative or "re-creative" ways. Creativity: Theory, History, Practice is invaluable for anyone with a live interest in exploring what creativity has been, is currently, and yet may be. (shrink)

Some conspicuous characteristics of argumentation as we all know this phenomenon from our shared everyday experiences are in my view vital to its theoretical treatment because they should have methodological consequences for the way in which argumentation research is conducted. To start with, argumentation is in the first place a communicative act complex, which is realized by making functional verbal communicative moves.

Originally published in Proceedings of the British Academy 60 (1974), 339-359.

E.O. Wilson (1975) described humans as one of the four pinnacles of social evolution. The other pinnacles are the colonial invertebrates, the social insects, and the non-human mammals. Wilson separated human sociality from that of the rest of the mammals because, with the exception of the social insect like Naked Mole Rats, only humans have generated societies of a grade of complexity that approaches that of the social insects and colonial invertebrates. In the last few millennia, human societies have even (...) begun to exceed, in numbers of individuals and degree of complexity, the societies of ants, termites, and corals. (shrink)

J. L. Ackrill; VIII*—Aristotle's Definitions of Psuche, Proceedings of the Aristotelian Society, Volume 73, Issue 1, 1 June 1973, Pages 119–134, https://doi.org.

Aristotle is widely regarded as the greatest of all philosophers; indeed, he is traditionally referred to simply as `the philosopher'. Today, after more than two millennia, his arguments and ideas continue to stimulate philosophers and provoke them to controversy. In this book J.L. Ackrill conveys the force and excitement of Aristotle's philosophical investigations, thereby showing why contemporary philosophers still draw from him and return to him. He quotes extensively from Aristotle's works in his own notably clear English translation, and (...) a picture emerges of a lucid, lively, subtle and tough-minded thinker of astonishing range and penetration. Professor Ackrill identifies many striking connections between Aristotle's ideas and ideas in recent philosophy; he also raises philosophical questions of his own, and exemplifies the way in which Aristotle can still be argued with and learned from. (shrink)

Entanglement has long been the subject of discussion by philosophers of quantum theory, and has recently come to play an essential role for physicists in their development of quantum information theory. In this paper we show how the formalism of algebraic quantum field theory (AQFT) provides a rigorous framework within which to analyse entanglement in the context of a fully relativistic formulation of quantum theory. What emerges from the analysis are new practical and theoretical limitations on an experimenter's ability to (...) perform operations on a field in one spacetime region that can disentangle its state from the state of the field in other spacelike-separated regions. These limitations show just how deeply entrenched entanglement is in relativistic quantum field theory, and yield a fresh perspective on the ways in which the theory differs conceptually from both standard non-relativistic quantum theory and classical relativistic field theory. (shrink)

Originally published in Proceedings of the British Academy 60 (1974), 339-359.

In his recent article On Relativity Theory and Openness of the Future (1991), Howard Stein proves not only that one can define an objective becoming relation in Minkowski spacetime, but that there is only one possible definition available if one accepts certain natural assumptions about what it is for becoming to occur and for it to be objective. Stein uses the definition supplied by his proof to refute an argument due to Rietdijk (1966, 1976), Putnam (1967) and Maxwell (1985, 1988) (...) that Minkowski spacetime leaves no room for objective becoming whatsoever. However, Stein's proof does not seem to go far enough. By considering only what events have become from the standpoint of any given event, Stein's uniqueness proof fails from the outset to allow for a more general kind of becoming whereby it is understood to occur from the standpoint of events on the particular worldlines followed by observers. This suggests that there may, after all, be more than one way to define objective becoming in Minkowski spacetime once each observer's worldline is allowed to figure in the definition. This suspicion is further aroused by two recent proposals for objective, worldline-dependent becoming due to Peacock (1992) and Muller (1992) who advocate ways of defining becoming that are not equivalent to the definition Stein's uniqueness proof delivers. Nevertheless, we show that Stein's uniqueness proofcan be extended in a natural way to cover this more general kind of becoming, provided one does not enrich standard Minkowski spacetime by privileging certain sets of worldlines over others in an unwarranted manner. Thus we aim to reinforce Stein's point that standard Minkowski spacetime does make room for objective becoming, but in essentially only one way, despite arguments and proposals to the contrary. (shrink)

This article examines how the availability of Big Data, coupled with new data analytics, challenges established epistemologies across the sciences, social sciences and humanities, and assesses the extent to which they are engendering paradigm shifts across multiple disciplines. In particular, it critically explores new forms of empiricism that declare ‘the end of theory’, the creation of data-driven rather than knowledge-driven science, and the development of digital humanities and computational social sciences that propose radically different ways to make sense of culture, (...) history, economy and society. It is argued that: Big Data and new data analytics are disruptive innovations which are reconfiguring in many instances how research is conducted; and there is an urgent need for wider critical reflection within the academy on the epistemological implications of the unfolding data revolution, a task that has barely begun to be tackled despite the rapid changes in research practices presently taking place. After critically reviewing emerging epistemological positions, it is contended that a potentially fruitful approach would be the development of a situated, reflexive and contextually nuanced epistemology. (shrink)

This article explores the taxing legal questions that are raised in the context of withdrawing life sustaining treatment from patients who are in a minimally conscious state. The Court of Protection, for the first time in England, was recently asked to rule on this issue. This paper analyses the legal and ethical implications of this decision moving forward.

This paper explores the relation between metaethical reflection and value experience, and does so by focusing on robust realism. Robust realism is typically criticized for its ontological and epistemological commitments. In this paper, however, we hope to shed new critical light on the plausibility of the theory by using two concepts – ‘reification’ and ‘alienation’ – that have their origin in critical social theory. We use the concept of ‘reification’ as an interpretative lens to look at robust realism and show (...) that it is reifying in two respects: it turns values into things, and, correspondingly, turns human agents into disengaged observers of those things. This analysis is then used to argue that robust realism is alienating in the sense that it distances us from the world that presents itself to us in value experience, and that it separates us from what we call our engaged responsiveness. We also argue that its alienating effects give us good reason to reject the theory. (shrink)

This article discusses inspiration, chance and the role of the unconscious mind in the creation of literature and art. Neurophysiological factors are considered, especially the aminergic – cholinergic brain chemistry system and how this relates to inspiration and original creativity. Surrealist poetry, computer-generated poetry and the Oulipo project are analysed to provide practical examples. Chance is discussed in some detail, as this phenomenon is a vital, though often overlooked, component in all creative endeavours. Though the article concentrates on the role (...) of the unconscious mind in the production of creative literature, the processes discussed are equally applicable to all forms of creativity. (shrink)

World literature entangled in the forms, values, terms, and genres of comparative poetics makes the literatures of sites like Asia Pacific, India, and Oceania better recognized in world creativity and border-crossing archipelagic agency. World literature can become enframed not just along "borderlands" of nations and regions but also across "borderwaters" of entangled places, regions, and zones. Given the increasing recognition of this postcolonial world-literary creativity and agency—which implies taking seriously the reworlding power of these literatures—world poetics will have to revise (...) and decenter its literary and theoretical frameworks. (shrink)

Aesthesis, the classical term for sensing and perceiving, is at the heart of innumerable problems that plague global society. The purpose of this article is to open a conversation on aesthesis. We survey the roots and relevance of aesthesis as a direct albeit contested relation and engagement with the world and with Others. From its pre-Socratic origins, aesthesis has been both a pragmatic, somatic concept, prompting a re-evaluation of the distinction between experience and abstraction. We trace its ongoing repression from (...) Plato through ‘western’ theories of formal Aesthetics. Drawing on a relational interpretation of Protagoras’ aesthesis, we argue that modern pragmatists and radical empiricists, as well as more contemporary critics of the ‘colonization’ of aesthesis (Mignolo and Vasquez) by formal Aesthetics recognize and develop the relational and ethical aspects of aesthesis. We consider the role of the body, affect, and of the intangible or virtual qualities of aesthesis. The ethics of obligations (Weil) in the polis (Arendt) shows how aesthesis informs politics despite its repression in favour of moral and legal norms. We argue this is relevant to contemporary crises such as xenophobia and ecocidal climate warming. (shrink)