Financial derivatives have been singled out as the major villain in the latest crisis, particularly through speculative trading by banks. Yet little attention has been paid to the fundamental rôle that derivatives play in modern capitalism. Even less has there been a focus on how the boom in derivatives-trading was prompted by the crisis of profitability and capital-accumulation. This article shows that while derivatives were one means by which speculation took off, the momentum behind this was driven by low profitability. (...) That was why banks turned their mortgage-loans into derivative-driven securities, why pension-funds placed bets on commodity-futures and why countries such as Greece used derivatives to hide the real state of their finances. Derivatives helped determine the form and magnitude of the crisis, but were not its underlying cause. Proposed reforms of the derivatives-market ignore the fundamental determinants of the financial crisis, assuming it to be a failure of regulation. (shrink)

This paper contributes to the debate on the role of financial derivatives for capitalism. It responds to Bryan and Rafferty’s defence of their analysis and their critique of my own. The paper argues that their analysis confuses what a financial derivative does, and mixes together different kinds of derivative – and non-derivative – that play very different roles. After detailing these points, the paper discusses the relationship between gold, money and derivatives, rejecting their notion that derivatives are some kind of (...) new ‘commodity money’. An important theme absent from Bryan and Rafferty’s analysis is the relationship of financial trading and derivatives markets to parasitism in the imperialist world economy. To illustrate this, the paper notes advantages enjoyed by the major financial powers – the US and the UK – that are the main centres for the origination of derivatives and for derivatives trading. (shrink)

The issue of the relation between financial derivatives, money and crisis remains one of on-going debate within Marxism. This paper takes issue with a recent contribution to this debate by Tony Norfield. We contend that the relationship between financial derivatives and the concept of ‘money’ needs to be framed in the context of a changing understanding of liquidity, and that issues of crisis and renewed accumulation are better understood though this path than via debates about speculative versus real (...) investment and productive versus unproductive capital. Indeed these latter taxonomies are being superseded by current developments within finance, and Marxian analysis needs to be attuned to these current developments. (shrink)

This book illustrates the extent to which Kant's work has permeated wide areas of learning, across many disciplines, despite a general ignorance, especially in...

In this paper, we introduce and defend the recurrent model for understanding bodily spatial phenomenology. While Longo, Azañón and Haggard (2010) propose a bottom-up model, Bermúdez (2017) emphasizes the top-down aspect of the information processing loop. We argue that both are only half of the story. Section 1 intro- duces what the issues are. Section 2 starts by explaining why the top- down, descending direction is necessary with the illustration from the ‘body-based tactile rescaling’ paradigm (de Vignemont, Ehrsson and Haggard, (...) 2005). It then argues that the bottom-up, ascending direction is also necessary, and substantiates this view with recent research on skin space and tactile field (Haggard et al., 2017). Section 3 discusses the model’s application to body ownership and bodily self-representation. Implications also extend to topics such as sense modality individuation (Macpherson, 2011), the constancy- based view of perception (Burge, 2010), and the perception/cognition divide (Firestone and Scholl, 2016). (shrink)

In a step-by-step progression through Marx's three volume work, discovers a systematic theory of socio-economic categories ordered according to the dialectical logic derived from Hegel.

Arash Abazari's Hegel's Ontology of Power is a superb study of the relevance of Hegel's logic to Marx's theory. Hegel is often dismissed by Marxists as an ‘idealist’ denying the reality of the world, as if Hegel were Bishop Berkeley with a German accent.1 Abazari recognizes this is not the case: ‘(T)he logical categories are not self-standing, but shadow, or track, the empirical world’ (Abazari 2020: 7). But the world in its full actuality does not simply consist of the objects (...) we sense or perceive. It is intrinsically intelligible, and its intelligibility can be comprehended only in thought. When it is, the ‘idealist’ thesis of the identity (in difference) of thought and being holds. Anyone asserting a truth claim implicitly asserts this identity. In so far as Marx asserts that Capital comprehends the capitalist mode of production, he too is an ‘idealist’ in the Hegelian sense of the term. (shrink)

This study draws on semistructured interviews with 19 white, rural, straight-identified men who have sex with men to understand how they perceive their gender and sexuality. It is among the first to use straight men’s own narratives, and helps address the underrepresentation of rural masculinities research. Through complex interpretive processes, participants reworked non-normative sexual practices—those usually antithetical to rural masculinities—to construct normative masculinity. Most chose other masculine, white, and straight or secretly bisexual men as partners for secretive sex without romantic (...) involvement. By choosing these partners and having this type of sex, the participants normalized and authenticated their sexual encounters as straight and normatively masculine. The participants engaged in bud-sex, a specific type of male–male sex that reinforced their rural masculinity and heterosexuality. The married men framed sex with men as less threatening to marriage than extramarital sex with women, helping to preserve a part of their lives that they described as central to their straightness. The results highlight the flexibility of heterosexuality; the centrality of heterosexuality to normative rural masculinity; how similar sexual practices carry different meanings across contexts and populations; and the social construction of masculinities and sexualities by age, race, gender, time period, and place. (shrink)

There have recently been various empirical attempts to answer Molyneux’s question, for example, the experiments undertaken by the Held group. These studies, though intricate, have encountered some objections, for instance, from Schwenkler, who proposes two ways of improving the experiments. One is “to re-run [the] experiment with the stimulus objects made to move, and/or the subjects moved or permitted to move with respect to them” (p. 94), which would promote three dimensional or otherwise viewpoint-invariant representations. The other is “to use (...) geometrically simpler shapes, such as the cube and sphere in Molyneux’s original proposal, or planar figures instead of three-dimensional solids” (p. 188). Connolly argues against the first modification but agrees with the second. In this article, I argue that the second modification is also problematic (though still surmountable), and that both Schwenkler and Connolly are too optimistic about the prospect of addressing Molyneux’s question empirically. (shrink)

We argue that two main accounts of hypocrisy— the deception-based and the moral-non-seriousness-based account—fail to capture a specific kind of hypocrite who is morally serious and sincere "all the way down." The kind of hypocrisy exemplified by this hypocrite is irreducible to deception, self-deception or a lack of moral seriousness. We call this elusive and peculiar kind of hypocrisy, pure hypocrisy. We articulate the characteristics of pure hypocrisy and describe the moral psychology of two kinds of pure hypocrites.

To what extent should scientists, doctors and the community be constrained in their decision-making by a duty to posterity? How should we as a community balance our desire to benefit the present generation against the need not to irretrievably harm our successors? These questions are discussed with particular reference to genetic research and treatment that may have great potential for people suffering from genetic disease but may cause inherited changes in future generations, either deliberately or inadvertently. We conclude that the (...) community should take account of the interests of its successors but this should not immobilise us in the decisions we make for the present. (shrink)

Conceived through collaboration by activist academics from Israel and Northern Ireland, this book draws from experience to offer practical and theoretical insights and programs for promoting activist pedagogy for shared learning and shared life in divided societies.

The contemporary social science in general and economics in particular are dominated by the method of logical positivism in the British tradition. In contrast to the British philosophy, 'Subjectivism and Interpretative Methodology in Theory and Practice' adopts subjectivism and interpretation methodology to understand human behavior and social action. Unlike positivism, this subjectivist approach, with its root in German idealism, takes human experience as the sole foundation of factual knowledge. All objective facts have to be interpreted and evaluated by human minds. (...) In this approach, experience, knowledge, expectation, plans, errors and revision of plans are key elements. Specifically, this volume uses the subjectivist approach originated in Max Weber's interpretation method, Alfred Schutz's phenomenology, and Peter Berger and Thomas Luckmann's sociology of knowledge to understand economic and social phenomena. The method brings human agency back into the forefront of analysis, adding new insights not only in economics and management, but also in sociology, politics, psychology and organizational behavior. (shrink)

This note explains an error in Restall’s ‘Simplified Semantics for Relevant Logics (and some of their rivals)’ (Restall, J Philos Logic 22(5):481–511, 1993 ) concerning the modelling conditions for the axioms of assertion A → (( A → B ) → B ) (there called c 6) and permutation ( A → ( B → C )) → ( B → ( A → C )) (there called c 7). We show that the modelling conditions for assertion and permutation proposed (...) in ‘Simplified Semantics’ overgenerate. In fact, they overgenerate so badly that the proposed semantics for the relevant logic R validate the rule of disjunctive syllogism. The semantics provides for no models of R in which the “base point” is inconsistent. This problem is not restricted to ‘Simplified Semantics.’ The techniques of that paper are used in Graham Priest’s textbook An Introduction to Non-Classical Logic (Priest, 2001 ), which is in wide circulation: it is important to find a solution. In this article, we explain this result, diagnose the mistake in ‘Simplified Semantics’ and propose two different corrections. (shrink)

The paper presents an interpretation of Aristotle's views on natural justice in the Nicomachean Ethics. It focuses, in particular, on Aristotle's understanding of the relationship which exists between natural justice and political justice, or between natural law and positive law. It is suggested that Aristotle's views on this subject are often misunderstood. It is also suggested that, contrary to what some commentators might think, Aristotle's comments on natural justice are actually central for our understanding of his political thought as a (...) whole. It is argued that Aristotle is, therefore, definitely a natural law theorist of some description. However, Aristotle's natural law theory is unconventional in certain respects. In particular, Aristotle does not consider natural law to be a critical standard by means of which positive law might be evaluated. This places Aristotle outside the mainstream of natural law theory as it has been traditionally understood. Aristotle is not, in this sense at least, the forerunner of the Stoic natural law tradition and of the individualistic, liberal natural law theory of the modern era. He is, rather, the founding father of what might best be described as the conservative natural law tradition, the most well known adherents of which in modern times are Montesquieu, Burke and Hegel. (shrink)

The notion that human activity can be characterised in terms of dynamic systems is a well-established alternative to motor schema approaches. Key to a dynamic systems approach is the idea that a system seeks to achieve stable states in the face of perturbation. While such an approach can apply to physical activity, it can be challenging to accept that dynamic systems also describe cognitive activity. In this paper, we argue that creativity, which could be construed as a ‘cognitive’ activity par (...) excellence, arises from the dynamic systems involved in jewellery making. Knowing whether an action has been completed to a ‘good’ standard is a significant issue in considering acts in creative disciplines. When making a piece of jewellery, there a several criteria which can define ‘good’. These are not only the aesthetics of the finished piece but also the impact of earlier actions on subsequent ones. This suggests that the manner in which an action is coordinated is influenced by the criteria by which the product is judged. We see these criteria as indicating states for the system, e.g. in terms of a space of ‘good’ outcomes and a complementary space of ‘bad’ outcomes. The skill of the craftworker is to navigate this space of available states in such a way as to minimise risk, effort and other costs and maximise benefit and quality of the outcome. In terms of postphenomonology, this paper explores Ihde’s human-technology relations and relates these to the concepts developed here. (shrink)

In 1925, David Katz published an influential monograph on touch, Der Aufbau der Tastwelt, which was translated into English in 1989. Although it is called “the world of touch,” it also discusses the thermal and the nociceptive senses, albeit briefly. In this chapter, we will follow this approach, but we will speak about “somatosensory senses” in general in order to remind ourselves that perceptions of temperatures and pains should also be considered together in this context.

This article examines the views of Hegel and Alasdair MacIntyre regarding philosophical disagreements, whether or not they can be resolved and if so how. For both thinkers such a disagreement is thought of as taking place between the advocates of two theoretical positions which are opposed to one another. Each party subscribes to a way of thinking about the issue under discussion which appears to be logically incompatible with the views of the other. We seem therefore to have to make (...) an either-or choice between them. In the case of all philosophical disagreements, therefore, the same questions arise. Is the contradiction in question real, or merely apparent? Can it be resolved? If so, what exactly is involved in such a resolution? Is some form of theoretical compromise, between these two extremes possible? Is there a third-way, a both-and approach, which in some way combines the strengths of each and the weaknesses of neither, or which seeks in some way to balance their respective strengths and weaknesses of each against those of the other? The article suggests that MacIntyre differentiates between two types of philosophical disagreement. In the case of the first, the ideas associated with the two opposed positions are incommensurable. We must, therefore make an either-or choice between them. In the case of disagreements of the second type, the ideas in question are not incommensurable. In these cases, therefore, it is possible for them to be combined or synthesised. The article argues that MacIntyre’s approach to this second type of philosophical disagreement has an obvious affinity with what is often thought to be that of Hegel. In the words of Richard J. Bernstein, it is ‘quasi-Hegelian’. It is therefore fruitful to compare and contrast the views of these two thinkers on this issue. (shrink)

This article develops a critical theory of human–computer interaction intended to test some of the assumptions and omissions made in the field as it transitions from a cognitive theoretical frame to a phenomenological understanding of user experience described by Harrison et al. as a third research paradigm and similarly Bødker :24–31; Bødker, Interactions 22):24–31, 2015) as third-wave HCI. Although this particular focus on experience has provided some novel avenues of academic enquiry, this article draws attention to a distinct bridge between (...) the conventional HCI disciplinary concerns with predominantly task-based digital work and use context and a growing business interest in consumer experiences in digital environments. Critical HCI addresses the problem of experience in two interrelated ways. On one hand, it explores the role market logic plays in putting user experiences to work. On the other hand, it engages with ontological understandings of experience hitherto realized in HCI by way of a phenomenological matrix. The article concludes by bringing in an old thinker to consider experience in novel ways that relate ontological concerns to a broader political concept of experience capitalism. (shrink)

Hegel conceptualized the capitalist economy as a system of needs, with commodities and money serving as means to human ends. While anticipating Marx’s criticisms of certain tendencies in capitalism, Hegel insisted that higher-order institutions, especially those of the modern state, could put them out of play and establish a reconciliation of universality, particularity, and individuality warranting rational affirmation. Hegel, however, failed to comprehend the emergence of capital as a dominant subject, subordinating human ends under its end. The structural coercion, domination, (...) and exploitation inherent in the capital/wage labor relationship illustrate that point, as does the depoliticization of inherently political matters in capitalist market societies. The reconciliation of universality, particularity, and individuality Hegel endorsed requires a form of socialism incorporating deliberative democracy in local workplaces and communities, conjoined with representative bodies on regional, national, and ultimately global levels. (shrink)

Real living wages (RLWs) are an important ethical and moral policy to ensure that employees earn enough to live on. In providing ‘a fair day's pay for a fair day's work’, they set an ethical foundation for liveability. This article explores the ethics and moral economy of the RLW for lower-paid staff in the overlooked economy context of UK professional football, illustrated by a qualitative case study of Luton Town Football Club (LTFC). The article provides theoretical insights grounded in moral (...) economy concepts about how a RLW contributes to a broader common good means of enabling fuller human participation in decent working and living conditions. Applying these concepts using a multi-disciplinary moral economy interpretation offers deeper theoretical contributions than economistic interpretations restricted to mainly technocratic economic distributive issues. LTFC are evidently ethically embedded in a moral economy as a local community club paying a RLW, and part of the overlooked economy. The research also contributes to contemporary debates on ‘Common Good’ HRM regarding the role of living wages in addressing grand common good challenges like inequality and quality of working lives. (shrink)

Freeman Dyson has questioned whether any conceivable experiment in the real universe can detect a single graviton. If not, is it meaningful to talk about gravitons as physical entities? We attempt to answer Dyson’s question and find it is possible concoct an idealized thought experiment capable of detecting one graviton; however, when anything remotely resembling realistic physics is taken into account, detection becomes impossible, indicating that Dyson’s conjecture is very likely true. We also point out several mistakes in the literature (...) dealing with graviton detection and production. (shrink)

This paper examines a series of Schelling-like models of residential segregation, in which agents prefer to be in the minority. We demon- strate that as long as agents care about the characteristics of their wider community, they tend to end up in a segregated state. We then investigate the process that causes this, and conclude that the result hinges on the similarity of informational states amongst agents of the same type. This is quite di erent from Schelling-like behavior, and sug- (...) gests (in his terms) that segregation is an instance of macro behavior which can arise from a wide variety of micro motives. (shrink)

If positivism is interpreted as requiring that nothing is law that does not conform to socially accepted criteria, it is inconsistent with positive law. This is because law purports to be morally in order. Hence it is always possible to argue against a certain interpretation of the law that it is morally indefensible and there is always a certain pressure within a legal system to render it morally defensible. In that way critical morality necessarily becomes a persuasive source of law.

Much of Michel Foucault's work involves complex and detailed studies of madness, the clinic, the prison, the human sciences, sexuality, etc. In addition to these studies, however, three major themes may be identified on his intellectual journey. These are the analysis of epistemes, or historical regions of discourse; the investigation of “regimes of truth”; and the study of “techniques of the self”. Foucault's problematic is linked to his general claim that explanation and language do not stand on a single ground (...) or origin which sustains them. Foucault proposes to investigate particular networks of discourses, where both regular and irregular patterns may be identified. His proposed method is both epistemological and archaeological. Genealogy develops the historical perspectivism opened up by archaeology and further supports Foucault's view that the presuppositions and norms governing particular cultures and periods are maintained by a mixture of ideologies and strategic factors of various kinds. (shrink)

BackgroundThe Health Research Council of New Zealand is the first major government funding agency to use a lottery to allocate research funding for their Explorer Grant scheme. This is a somewhat controversial approach because, despite the documented problems of peer review, many researchers believe that funding should be allocated solely using peer review, and peer review is used almost ubiquitously by funding agencies around the world. Given the rarity of alternative funding schemes, there is interest in hearing from the first (...) cohort of researchers to ever experience a lottery. Additionally, the Health Research Council of New Zealand wanted to hear from applicants about the acceptability of the randomisation process and anonymity of applicants.MethodsThis paper presents the results of a survey of Health Research Council applicants from 2013 to 2019. The survey asked about the acceptability of using a lottery and if the lottery meant researchers took a different approach to their application.ResultsThe overall response rate was 39%, with 30% from applicants in the years 2013 to 2018, and 68% for those in the year 2019 who were not aware of the funding result. There was agreement that randomisation is an acceptable method for allocating Explorer Grant funds with 63% in favour and 25% against. There was less support for allocating funds randomly for other grant types with only 40% in favour and 37% against. Support for a lottery was higher amongst those that had won funding. Multiple respondents stated that they supported a lottery when ineligible applications had been excluded and outstanding applications funded, so that the remaining applications were truly equal. Most applicants reported that the lottery did not change the time they spent preparing their application.ConclusionsThe Health Research Council’s experience through the Explorer Grant scheme supports further uptake of a modified lottery. (shrink)

If X loves Y does it follow that X has reasons to love a physiologically exact replacement for Y? Can love's reasons be duplicated? One response to the problem is to suggest that X lacks reasons for loving such a duplicate because the reason-conferring properties of Y cannot be fully duplicated. But a concern, played upon by Derek Parfit, is that this response may result from a failure to take account of the psychological pressures of an actual duplication scenario. In (...) the face of the actual loss of a loved one and the subsequent appearance of a duplicate, how could we resist the inclination to love? Drawing upon duplication scenarios from Parfit and from Stanislaw Lem's Solaris, this paper will argue that there could be reasons for X to come to love a duplicate of Y but that these would not be identical with the reasons that X had (and may still have) to love Y. Nor (in the case of an agent with a normal causal history) could they be reasons for a love that violates the requirement that love is a response to a relationship and therefore takes time to emerge. (shrink)

The obesity epidemic is not only impairing the health of millions of Americans but also giving rise to billions of added dollars in health care spending. Climbing rates of obesity over the past decades are one of the predominant determinants behind the surging progression of health care expenses in the United States. Moreover, the less fit and less productive U.S. workforce has gradually eroded the nation’s industrial competitiveness. Since the early 1970s, adult obesity rates have doubled and childhood obesity rates (...) have more than tripled, while health expenditures have risen two percentage points faster than the Gross Domestic Product, burgeoning from 8.8 percent in 1980 to a projected 17.9 percent in 2011. Studies analyze that greater than a quarter of America’s health care expenses are attributed to obesity. The stunning growth in obesity has been imputed for 20 to 30 percent of the increase in health care costs since the late 1970s. If the proportion of obese population had stayed unchanged, then health care expenditures in America would be approximately 10 percent less on a per capita average than they are today. (shrink)

First Published in 2002. Routledge is an imprint of Taylor & Francis, an informa company.

In lieu of an abstract, here is a brief excerpt of the content:The Ethics and Economies of Inquiry: Certeau, Theory, and the Art of PracticeTony Schirato (bio) and Jen Webb (bio)In this paper we will look at what Certeau, in The Practice of Everyday Life, calls “Theories of the Art of Practice.” Certeau is perhaps best known as a theorist of the ways in which everyday practices inhabit the institutions and sites of power and official culture, while not being in (...) any sense recuperable or explicable to these “proper places.” In “Theories of the Art of Practice” he concerns himself not with cultural practices themselves but, rather, with the specific relationship between theoretical discourse and the object of that discourse. In order to do this he takes as examples certain cultural theorists—most obviously Foucault and Bourdieu—whose work is strongly underpinned by an emphasis on the relation between discourse and practice. He offers a detailed consideration and critique of their theories of practice and the tactics those theorists use to escape the theory/practice dichotomy.In the first two paragraphs of “Theories of the Art of Practice,” Certeau identifies the two points which, taken together, constitute the broad narrative of this section of Practice. The first relates to the theoretical basis from which we can approach practice. “Everyday practices,” he writes:depend on a vast ensemble which is difficult to delimit but which we may provisionally designate as an ensemble of procedures. The latter are schemas of operations and of technical manipulations. On the basis of some recent and fundamental analyses (those of Foucault, Bourdieu, Vernant and Détienne, and others) it is possible, if not to define them, at least to clarify their functioning relative to discourse (or to “ideology,” as Foucault puts it), to the acquired (Bourdieu’s habitus), and to the form of time we call an occasion (the kairos discussed by Vernant and Détienne). These are different ways of locating a technicity of a certain type and at the same time situating the study of this technicity with respect to current trends in research.[43]An important issue here is Certeau’s critique of the extent to which each theorist applies a specific technicity (Foucault’s disciplinary procedures, Bourdieu’s habitus) in an attempt to delimit the field, to reduce the multiplicity of practice—or the theorizing of practice—to a singularity. As he points out in his essay on Nicholas of Cusa [“The Gaze” 6], such “ways of proceeding are subject to a common problematics,” because they inscribe a particular way of thinking and seeing and, in that process, risk excluding other ways of understanding. However, Cusa’s praxis: [End Page 86]does not presuppose a language proper to theory, an autonomous metalanguage that would provide a distinct linguistic space for speculation.... A task related to each singularity liberates, as it were, and develops... the “impulsion” which is integral to each and which is revealed to be infinite by the very impossibility of finding a hierarchical unity among singularities.[“The Gaze” 7]What Certeau looks for in the work of Bourdieu and Foucault is the moment, or the “impulsion,” which allows a theoretical engagement with practice. If practice can’t be called up, defined, or finally explicated, what can be done is to plot the relationships between power and its structures, logics, places, and discourse and the objects of power (practices) it seeks to identify and regulate. This allows us to identify both how power seeks to exclude the heterogeneity that is practice and the ways in which practice, despite these acts of exclusion and regulation, leaves its mark on official places (discourses, institutions, the objective structures of cultural fields). What Certeau does is to explore how others (Foucault and Bourdieu in particular, Vernant and Détienne) have explored this terrain.The second move Certeau makes is to contextualize those theories of practice, not so much as metadiscourses or generalized maps but as practices themselves, specific to a time and place and informed both by their theoretical antecedents and by the politics, logics, and discourses of the field(s) within which they operate. This allows Certeau to exemplify both how bodies of theory (as well as intellectual fields) come about and develop and... (shrink)

The politics and pedagogy of schooling are becoming more authoritarian, coercive and utilitarian. Reactionary ideologies dressed and patched up with new managerialism (already moribund in the market place) are supplanting progessivist ideas. Even in its own cramped terms the new model will not work. But educationalists should not be content to oppose it with nostalgic stories. Progressivism was always at a loss to cram its ideals within the geography, architecture and timetable of a school day. It is the very structure (...) and context of schooling that needs overhaul. (shrink)

It has always seemed to me that one of my father's great contributions to monarchical practice was the manner in which, without apparent design, he managed to resolve the internal contradictions of monarchy in the twentieth century that requires it to be remote from, yet at the same time to personify the aspirations of the people. It must appear aloof and distant in order to sustain the illusion of a Monarch who, shunning faction, stands above politics and the more mundane (...) allegiances. At the same time it must appear to share intimately the ideals of the multitude, whose affection and loyalty provide the broad base of constitutional Monarchy. My father, with the instinctive genius of the simple man, found the means of squaring the apparent circle within the resources of his own character. By the force of his own authentic example – the king himself in the role of the bearded paterfamilias … he transformed the Crown as personified by the Royal Family into a model of the traditional family virtues, a model that was all the more genuine for its suspected but inconspicuous flaws. The King, as the dutiful father, became the living symbol not only of the nation, but also of the Empire, the last link holding these diversified and scattered communities. (shrink)