Showing posts with label David Hume. Show all posts
Showing posts with label David Hume. Show all posts

Sunday, February 23, 2025

Obsession

Brian De Palma’s film, Obsession (1976), harkens back to Hitchcock’s film, Vertigo (1958) primarily in that resemblances between a character-contrived myth, or story, and the closely related (though different in key respects) social reality in the film (i.e., what’s really going on in the film’s story-world) trigger perplexed reactions for the character being duped by other characters in the film. I thought she died, but there she is . . . or maybe that’s another woman who looks like her—so much so that I believe I can will the woman to be her. The human mind may be such that it convinces itself of even a supernatural explanation rather than admits to have been fooled by someone else’s cleverness. At the very least, doubt as to what is really going on can be stultifying. The human mind is all too willing obviate its uncertainty by either resorting to a supernatural explanation or making something so by force of will, as if believing something to be the case is sufficient to make it so.


The full essay is at "Obsession."

Thursday, July 11, 2024

Religion, Ethics, and Psychology: Three Distinct Domains

Compassion is so salient in so many religions that it is natural to assume that religious conduct is moral, which is to say that it issues in ethical conduct. Yet, as Kierkegaard emphasizes in Fear and Trembling, the divine decree that Abraham receives in the Book of Genesis translates into murder on the (universally accessible) level of ethics. In being almost going through with sacrificing his only son, Isaac, Abraham is guilty of attempted murder, which is unethical. Abraham’s faith in the validity of the divine decree can thus be distinguished from morality. Unlike ethics, religion is sourced beyond the limits of human cognition, perception, and emotions, and is the domain is thus transcendent even as it is also immanent in the world. Even though ethical principles and faith can dovetail, as in five of the Ten Commandments, it is important that the two domains—morality and religion—are regarded as distinct, and thus with their own distinctive bases and criteria owing to the respective natures of each domain. In his book, A Brief History of Everything, Ken Wilber attempts a mega-synthesis of many fields of knowledge. Such a broad project carries with it the pitfall of making conjectures that draw on or involve domains of knowledge outside of one’s own. I think the risk of such over-stepping is significant coming from both vantage-points in morality and religion (i.e., ethics and theology) when the two domains are mingled or intertwined without due recognition of how they are sui generis, of their own genus (type). Wilber even conflates a third domain, that of psychology, with those of ethics and religion. I begin by looking at morals and religion in general, holding off psychology until I address Wilber’s theory specifically.


The full essay is at "Religion, Ethics, and Psychology."

Wednesday, April 8, 2020

Business & Society and Business Ethics: Two Distinct Fields of Business

As a field of business, business and society (which includes the topic of corporate social responsibility (CSR)) can be viewed as falling within the rubric of the environment of business. Business and government can as well. Indeed, the environment goes beyond stakeholders. Although sometimes deemed as falling within this rubric, business ethics actually does not, as it is internal to a business even as unethical policies and decisions can impact stakeholders. In fact, business ethics and business and society are two distinct fields, even though they share a common border and are often fused as if they were one seamless country.


Thursday, January 17, 2019

What is the Basis of Business and Society?

Scholars and practitioners alike in the field of business & society tend view it as being synonymous with corporate social responsibility. It is easy to do. Another error concerns the conflation of CSR and business ethics. In fact, the very name of the topic, corporate social responsibility, is problematic. Straightening all this out could result in more topics in business & society even as the field ceases to overstep into business ethics and the nature of CSR becomes more transparent in business as well as society. 

The full essay is at "Basis of Business & Society."

Saturday, January 12, 2019

A Critique of the Corporate Legal Persons Doctrine: The Case of Corporate Taxation

In his commentary in The Wall Street Journal in 2010, Michael Boskin went over the disadvantages in levying an income tax on corporations. Within his argument, he observes, “Of course, the corporation is a legal entity; only people pay taxes.”[1]  In so doing, he transcended, if only for a moment, his own approach that was oriented simply to giving the pros and cons of corporate taxation.  His observation is significant, and it gives us a launching pad of sorts by which we can approach the corporate income tax as a itself as a concept, rather than simply assessing its utility. In short, corporate taxation is an oxymoron if only humans pay tax. In fact, we can conclude from Boskin's remark that the doctrine that corporations are legal persons has been incorrectly construed.


1. Michael Boskin, "Time to Junk the Corporate Tax," The Wall Street Journal, May 6, 2010.

Friday, October 5, 2018

Connecting the Dots: Zuckerberg's Facebook Stock

Why did Mark Zuckerberg unload $2.3 billion of his Facebook stock? The complete answer likely involves more than meets the eye, at least relative to what business reporters and editors had to say publicly in 2013. What was not said is itself a story worth publishing. Beyond Zuckerberg’s stratagem, what the media didn't say might be more significant than what made it through the filters.
Part of the answer concerning Zuckerberg’s sell-off involves his need for cash to pay taxes that would be due from his exercising an option to purchase 60 million Class B shares in 2013. This move likely implies a belief that Facebook stock would not go much higher. Had Zuckerberg strongly believed at the time that Facebook was yet to cash in on advertising revenue beyond that which the market had already factored into the company’s stock price, the CEO would not have exercised the options in expectation of a wider spread. Even with the taxes coming due, the billionaire could probably have found an alternative way to come up with the cash. 

The organizational lifecycle. When Zuckerberg decided to sell a block of shares and exercise options, he already had a picture of Facebook already on the downward slope without much chance of revitalization. Image Source: www.sourcingideas.blogspot.com
The full essay is at "Zuckerberg's Facebook Stock."

Thursday, September 28, 2017

Contradictory Comments on Health Insurance as Unethical: The Case of Newt Gingrich

Newt Gingrich said on May 15, 2011 that people should be required to buy health-insurance. He added that he would like to see the mandate implemented at the state rather than the federal level. These comments unleashed a torrent of criticism from Republicans, so the former Speaker of the U.S. House of Representatives spent the following week “walking” his comments back by denying that he had said that he was for a mandate.  The media was in a feeding frenzy, astounded that the former Speaker could simply deny that he might get away with the contradiction. However, in such cases, is it the person or logical contradiction itself that gets us so steamed?

The full essay is at "Health Insurance Mandate."

Tuesday, August 8, 2017

Does Opportunity Justify Economic Inequality?

From 1993 to 2010, the incomes of the richest 1 percent of Americans grew 58 percent while the rest had a 6.4 percent increase.  In 2010, the first year of an economic recovery, the top 1 percent of Americans captured 93% of the income gains. Beyond the danger to the American republics in there being an economic elite so far removed from the vast majority of the population is the question of whether the trend is baleful, economically speaking. It is not clear that even such an income gain being snagged by so few registered in the minds of the general populous as a problem. The key to any concern would seem to be whether opportunity for the many is compromised as a result of extreme economic inequality.

The full essay is at "Economic Inequality."

Source:
Eduardo Porter, “Inequality Undermines Democracy,” The New York Times, March 21, 2012. 

Christianity and “Social Capitalism”

The SEC charged Ephren Taylor with a fraudulent $11 million Ponzi scheme in April 2012. According to Reuters, “Taylor fraudulently sold $7 million of notes said to bear 12 percent to 20 percent annual interest rates, to fund small businesses such as laundries, juice bars and gas stations.” He “had conducted a multi-city ‘Building Wealth Tour’ in which he spoke to congregations” on the importance of “giving back.” He called himself a “social capitalist.” In actuality, he used the money on himself and his wife’s attempt to become a singer.

The full essay is at "Christianity and 'Social Capitalism'."


Source:
Jonathan Stempel, “SEC Charges Ephren Taylor II ForAllegedly Bilking Churchgoers In $11 Million Ponzi Scheme,” The Huffington Post, April 12, 2012.

Thursday, August 3, 2017

Bureaucratizing Leadership into Management

Fuqua/COLE surveyed 205 executives of public- and private-sector companies. Based on the results, I provide a critique that renders transparent some of the questionable assumptions that leadership-advisors and even business leaders themselves may have without realizing it. 

The full essay is at "Bureaucratizing Leadership."


Thursday, February 6, 2014

The 2014 Winter Olympics in Russia: “Where There’s Smoke, There’s Fire”

In the weeks leading us to watch the Olympics, I suspect I was not alone in thinking, “I just don't like what I see here." Why was I resisting paying even scant attention to the pre-Olympics "coverage" (a.k.a. advertising) as NBC, the American broadcast network covering the games, was getting rather publicly revved up on the upcoming media event. In this essay, I briefly survey the external stimuli, leaving the self-analysis to the analyst’s couch.[1]

First, as the American press reported before NBC began promoting the games in earnest (hmm), there is the “whole gay thing” and Putin. I really think that's a non-issue with regard to the Olympics, given the uniqueness of the Olympic Village. I would not be surprised were the Russian police of the mind that “What goes on in Vegas stays in Vegas,” at least as far as vacations are concerned.

Now, the "not fit for primetime viewing" conditions of some of the hotels putting up the foreign press strikes me as more substantive because of the implicit and likely even explicit rudeness does not go down well, even at a distance. Relatedly, I suspect, the sheer amount of money "padded" into the construction projects, including hotel construction, for kick-backs undoubtedly directed to Putin's major political supporters eviscerates any possible excuse in the tardiness.

In fact, associating Putin at all with the Olympics comes off to me like associating liver with dinner; I instinctively spit out immediately any hint of liver-taste. I must admit I am glad the U.S. State Department put out a travel warning for Americans going to the games. I was also amused to read of the low numbers of non-Russians arriving from abroad in Sochi as of the first day of games.[2] Of course, the modern Olympics hinges on the broadcasts around the world, rather than attendance numbers.

 Even though NBC's studio in the Olympic Village is transparent, the network's tactics may be anything but. (Image Source: David Johnson)

Interestingly, as part of its rather obvious devices to remind/manipulate its general viewership to watch the approaching games (including inserting reporters live from Sochi into CNBC's coverage of the financial markets), NBC strategists may actually have been fomenting the security story in order to draw viewers' attention to the fact that the games would soon begin. Stirring up fear and the hope of visual voyeurism of others’ tragedies is a sure bet for news reporting as advertising.  However, overdoing it can be counterproductive if too much of the ploy is visible on the surface as a duplicitous, otherwise stealth agenda. Yearning to turn the subtropical town on the Black Sea into an international resort, Putin could not have been very happy about the coverage, though may have realized the importance of a huge broadcast viewership even for himself, not to mention covering some of the kick-backs.
   
Finally, starting particular events including skating the day before the OPENING ceremony may stand out among the various points of smoke above in being indicative of fire skipping fire lines below. Even though Chris Chase of USA Today concludes “it’s a small price to pay for the overall improvement of the Winter Games,” he admits “it still feels strange to start the Olympics before the Olympics technically start.”[3] In the film, Inglourious Basterds, Lt. Aldo Raine wryly clarifies the matter of something seeming odd (or strange).  “Yeah, we got a word for that in English. It’s called suspicious.” 


In spite of his conclusion (i.e., small price to pay), Chase provides a credible case for suspicion. “Television rules all." he states up front as if it were a natural law. "Adding another day of Olympic competition means adding another day of Olympic telecasts. Thursday is traditionally one of the biggest television nights (along with Sunday). With all the money being paid to cover the games by networks across the world, turning 17 days of Olympic coverage into 18 days is a nice bonus.”[4] Regarding the addition of a program of skating, Chase points to a five day interim within the two weeks without any skating scheduled.

In closing, I must let the philosopher in me have a few words (no philosopher ever has just a few words, so please take a bathroom break if you need to). From sheer logic, to begin something before it has begun is a blatant contradiction. As per his categorical imperative, Kant would call the practice unethical. Were everyone to adopt the maxim, “I will start activities before the start time,” it would not make sense to have a start time for anything. The maxim is thus self-contradictory if it (like reason itself) is universalized.

Hume would point out that Kant relies too much on logic and reason more generally in assessing whether a given practice is ethical. A person reading U.N.’s condemnation of the Vatican in February 2014  for having been more concerned about the reputation of the Church as a whole than children’s welfare—a priority that Rev. Joe Ratzinger, or Benedict XVI, put in a letter while archbishop of Munich—may think through the theological implications of priests covering for each other. However, the sentiment of disapprobation (think of my expression as I spit out odious liver) is likely, excepting sociopaths, to be the principal reaction. Emotive rather than of Reason.

When I read of the sports beginning a day before the opening ceremony, I felt a sentiment of disapprobation well up inside me. Because I had been feeling that something just isn’t right about the upcoming games, especially from an vague intuitive sense of NBC’s manipulative tactics as over-reaching at best, I suspected that the rather odd placement of some events before the ceremony also came from the mentality that wants incessantly to squeeze out a few more drops of lemon juice from lemon that has already shed enough.  The sight of this childish demeanor in action is enough for any non-manipulative person to resist going where the manipulations point.




[1] I have in mind here Nietzsche’s thesis that reasoning is really a person’s instinctual urges tussling for dominance—that which overcomes the others (here as obstacles) reaches the surface of consciousness as an idea. I do think about this point regarding philosophy (and particular philosophical systems) in general and how my own psychological background fuels or is otherwise expressed in the ideas and related theories I “intuit” and “create.”
[2] Associated Press, “Sochi Olympics Still Waiting for Spectators from Abroad,” The Huffington Post, February 6, 2014.
[3] Chris Chase, “Why Do the Winter Olympics Start before the Opening Ceremony?” USA Today, February 6, 2014.
[4] Ibid.

Monday, May 13, 2013

Bloomberg News "Speed" Journalists Exploiting Terminal Subscribers: On the Failure of Firewalls

In 2012, I was stunned to hear an official of Deloitte place all his faith in the internal firewalls that he had constructed in the CPA firm to inhibit the exploitation of the conflict of interest that exists between the auditing and consulting divisions. A year later, Matt Winkler of Bloomberg apologized because reporters in the news division had used clients’ proprietary information from the Bloomberg terminals to report financial news stories before other news organizations. The firewall between selling terminals and reporting news had not been sufficient to prevent exploitation of the conflict of interest. There is a lesson here for any multi-divisional company or bank that is relying on firewalls.


The full essay is at Institutional Conflicts of Interest, available in print and as an ebook at Amazon.
 

Wednesday, September 5, 2012

Facebook Holds Employees to Declining Stock

With Facebook’s stock trading at $17.73 a share just after Labor Day 2012, down more than half from the IPO issue-price of $38, further downward pressure was anticipated due to the upcoming expirations of the lock-up. Employees would be able to cash in approximately 220 million shares at the end of October, 780 million shares in mid-November, and still more in December and then in the following May 2013. Experts were not putting much stock in Mark Zuckerberg’s decision to hold onto his options for at least a year. Rather than trying to assess the impact of the downward pressure on where the price might go, a business ethicist would be apt to notice a subtle point of fairness by class pertaining to when the options can be sold.

                                                                                     
The full essay is at Taking the Face Off Facebook, available at Amazon.

Sunday, July 22, 2012

Facebook Selling Users’ Personal Data: Unethical?


With advertising accounting for more than 85 percent of its revenue, Facebook has faced great pressure in the wake of its lackluster IPO to translate its unique asset, the pile of personal data it collects from 900 million users, into advertising revenue. I contend that Facebook’s handing over that data without first grouping it is unethical on a gut level.

The full essay is at "Taking the Face Off Facebook."

Sunday, October 25, 2009

Conflicts of Interest: A Kantian Explanation

In a conflict of interest, either two duties conflict or a duty conflicts with self-interest—whether the “self” be an individual or an association of individuals (e.g., a department or an organization). Where two duties conflict, that which corresponds with the wider “constituency” is presumed to be ethically superior to that which is relatively narrow. For instance, a duty to society is typically thought (admittedly by the public) to ethically supersede a fiduciary duty to stockholders. This assumption is problematic because property rights are not charged with putting society first. Therefore the question of which duty is superior ethically-speaking may come down to one’s vantage-point. To be sure, the duty that is further from one’s self-interest can be said to be superior in most ethical theories with the notable exception of egoism. That theory defeats the typical ethical take on conflicts of interest even where a duty is pitted against self-interest itself.


The full essay is at Institutional Conflicts of Interest, available in print and as an ebook at Amazon.