The paper first sketches out a reply to the underdetermination challenge and the incommensurability challenge that rebuts the sceptical conclusions of these challenges and that is sufficient to lay the ground for the project of a metaphysics of nature. That metaphysics is as hypothetical as are our scientific theories. The paper then explains how can one can argue for certain views in the metaphysics of nature based on our current fundamental physical theories, namely the commitments to a tenseless theory of (...) time and existence instead of a tensed one, to events instead of substances, and to relations instead of intrinsic properties. Finally, the paper mentions the themes of causation, laws and dispositions. (shrink)

Austrian economics starts out from the thesis that the objects of economic science differ from those of the natural sciences because of the centrality of the economic agent. This allows a certain a priori or essentialistic aspect to economic science of a sort which parallels the a priori dimension of psychology defended by Brentano and his student Edmund Husserl. We outline these parallels, and show how the theory of a priori dependence relations outlined in Husserl’s Logical Investigations can throw light (...) on the Austrian account of entrepreneurship. (shrink)

An influential philosophical conception of our mind’s place in the world is as a site for the states and events that causally mediate the world we perceive and the world we affect. According to this conception, states and events in the world cause mental states and events in us through the process of perception. These mental states and events then go on to produce new states and events in the world through the process of action. Our role is as hosts (...) for these states and events that causally mediate the states and events on the input side and those on the output side. (shrink)

This book gives an account of work that I have done over a period of decades that sets out to solve two fundamental problems of philosophy: the mind-body problem and the problem of induction. Remarkably, these revolutionary contributions to philosophy turn out to have dramatic implications for a wide range of issues outside philosophy itself, most notably for the capacity of humanity to resolve current grave global problems and make progress towards a better, wiser world. A key element of the (...) proposed solution to the first problem is that physics is about only a highly specialized aspect of all that there is – the causally efficacious aspect. Once this is understood, it ceases to be a mystery that natural science says nothing about the experiential aspect of reality, the colours we perceive, the inner experiences we are aware of. That natural science is silent about the experiential aspect of reality is no reason whatsoever to hold that the experiential does not objectively exist. A key element of the proposed solution to the second problem is that physics, in persistently accepting unified theories only, thereby makes a substantial metaphysical assumption about the universe: it is such that a unified pattern of physical law runs through all phenomena. We need a new conception, and kind, of physics that acknowledges, and actively seeks to improve, metaphysical presuppositions inherent in the methods of physics. The problematic aims and methods of physics need to be improved as physics proceeds. These are the ideas that have fruitful implications, I set out to show, for a wide range of issues: for philosophy itself, for physics, for natural science more generally, for the social sciences, for education, for the academic enterprise as a whole and, most important of all, for the capacity of humanity to learn how to solve the grave global problems that menace our future, and thus make progress to a better, wiser world. It is not just science that has problematic aims; in life too our aims, whether personal, social or institutional, are all too often profoundly problematic, and in urgent need of improvement. We need a new kind of academic enterprise which helps humanity put aims-and-methods improving meta-methods into practice in personal and social life, so that we may come to do better at achieving what is of value in life, and make progress towards a saner, wiser world. This body of work of mine has met with critical acclaim. Despite that, astonishingly, it has been ignored by mainstream philosophy. In the book I discuss the recent work of over 100 philosophers on the mind-body problem and the metaphysics of science, and show that my earlier, highly relevant work on these issues is universally ignored, the quality of subsequent work suffering as a result. My hope, in publishing this book, is that my fellow philosophers will come to appreciate the intellectual value of my proposed solutions to the mind-body problem and the problem of induction, and will, as a result, join with me in attempting to convince our fellow academics that we need to bring about an intellectual/institutional revolution in academic inquiry so that it takes up its proper task of helping humanity learn how to solve problems of living, including global problems, and make progress towards as good, as wise and enlightened a world as possible. (shrink)

This article compares causal and constitutive explanation. While scientific inquiry usually addresses both causal and constitutive questions, making the distinction is crucial for a detailed understanding of scientific questions and their interrelations. These explanations have different kinds of explananda and they track different sorts of dependencies. Constitutive explanations do not address events or behaviors, but causal capacities. While there are some interesting relations between building and causal manipulation, causation and constitution are not to be confused. Constitution is a synchronous and (...) asymmetric relation between relata that cannot be conceived as independent existences. However, despite their metaphysical differences, the same key ideas about explanation largely apply to both. Causal and constitutive explanations face similar challenges (such as the problems of relevance and explanatory regress) and both are in the business of mapping networks of counterfactual dependence—i.e. mechanisms—although the relevant counterfactuals are of a different sort. In the final section the issue of developmental explanation is discussed. It is argued that developmental explanations deserve their own place in taxonomy of explanations, although ultimately developmental dependencies can be analyzed as combinations of causal and constitutive dependencies. Hence, causal and constitutive explanation are distinct, but not always completely separate forms of explanation. (shrink)

Central to the debate between Humean and anti-Humean metaphysics is the question of whether dispositions can exist in the absence of categorical properties that ground them (that is, where the causal burden is shifted on to categorical properties on which the dispositions would therefore supervene). Dispositional essentialists claim that they can; categoricalists reject the possibility of such ?baseless? dispositions, requiring that all dispositions must ultimately have categorical bases. One popular argument, recently dubbed the ?Argument from Science?, has appeared in one (...) or another form over much of the last century and purports to win the day for the dispositional essentialist. Taking its cue from physical theory, the Argument from Science treats the exclusively dispositional characterizations of the fundamental particles one finds in physical theory as providing a key premise in what has been called a ?decisive? argument for baseless dispositions. Despite sharing the intuition that dispositions can be baseless, I argue that the force and significance of the Argument from Science have been greatly overestimated: no version of the argument is close to decisive, and only one version succeeds in scoring points against the categoricalist. Not only is physical theory more ontologically innocent than defenders of baseless dispositions seem to appreciate, most versions of the Argument from Science neglect important ways that dispositions could be grounded by categorical properties. (shrink)

The role of dispositions in the physical world is considered. It is shown that not only can classical physics be reasonably construed as the discovery of real dispositions, but also quantum physics. This approach moreover allows a realistic understanding of quantum processes.

Is the relation between properties and the causal powers they confer necessary, or contingent? Necessary, says Sydney Shoemaker, on pain of skepticism about the properties. Contingent, says David Lewis, swallowing the skeptical conclusion. I shall argue that Lewis is right about the metaphysics, but that Shoemaker and Lewis are wrong about the epistemology. Properties have intrinsic natures (quiddities), which we can know.

It is widely believed that at least two developments in the last third of the 20th century have given dispositionalism—the view that powers, capacities, potencies, etc. are irreducible real properties—new credibility: (i) the many counterexamples launched against reductive analyses of dispositional predicates in terms of counterfactual conditionals and (ii) a new anti-Humean faith in necessary connections in nature which, it is said, owes a lot to Kripke’s arguments surrounding metaphysical necessity. I aim to show in this paper that necessity is, (...) in fact, of little help for the dispositionalists. My argument makes use of one of the above mentioned counterexamples against Humean reduction: antidotes. Turning the tables, I ask how the dispositionalists themselves can deal with antidotes. The result will be to show that if the dispositionalists are to demystify antidote cases, they must make plausible a conceptualisation of dispositions that does not invoke any kind of necessity. I will cautiously suggest that the anti-Humean link dispositions bring to the world has to be thought of in terms of (Newtonian) forces. (shrink)

According to Hume, no knowledge attainable by human beings would ever justify rational belief in recurrent physical properties and causal effects. He arrived at this conclusion because he denied the possibility of knowing--but not the reality of--either the 'inner natures' or the 'secret powers' of objects which would enable one to intuit or to demonstrate a 'necessary connection' between the internal structures of objects and their observable properties, or between the causal powers of entities and their effects. The purpose of (...) this article is to show that while Hume's scepticism was justifiable in his day given the generally accepted limitations then of scientific inquiry and explanations, it no longer is reasonable in light of later scientific discoveries and theories. To a degree to which no eighteenth-century philosopher or scientist could anticipate, experimental inquiry has disclosed the inherent natures of objects and the underlying causes of phenomena that attest to the interconnectedness of physical reality and thus justify, at least to some extent, our instinctive beliefs in the uniformity of nature and predictability of events. (shrink)

ABSTRACTThis paper strengthens Bhaskar’s case for the possibility of naturalism. Building on Bhaskar’s A Realist Theory of Science and The Possibility of Naturalism, and on more recent contributions by Douglas Porpora, it traces the evolution of Bhaskar’s concept of 'intransitive' and follows his suggestion to treat social structure as an intransitive generative mechanism analogous to the generative mechanisms of the natural sciences. It is suggested, building on Porpora, that the constitutive rules of the market are usefully regarded as generating an (...) intransitive 'basic social structure.' That this same intransitive object is reasonably regarded as continuing to exist and act under different descriptions is illustrated by citing how different scholars have approached it with different concepts and vocabularies. It expands on Bhaskar’s first example of an intransitive object of social science, the mass unemployment that provided a ‘motor’ for Keynes, and on Porpora’s examples of the causal powers of social structures. (shrink)

This article explores the relationship between ethics and metaphysics in critical theory through immanent criticism of Fabian Freyenhagen's reconstruction of Adorno. Endorsing Freyenhagen's overall defence of Adorno's position, it argues that several important features of Adorno's position as Freyenhagen interprets it can be made intelligible only on broadly Aristotelian metaphysical presuppositions. These should be thematized explicitly rather than ignored. Moreover, these metaphysical presuppositions are on independent grounds plausible, as recent Aristotelian and critical realist work has indicated, and special difficulties arising (...) for them in the context of a radical negative critical theory can probably be overcome. Further conversation between critical theorists, Aristotelians and critical realists should prove fruitful in elaborating and defending a radical critical theory alternative to the dominant postmetaphysical paradigm. Progress in this direction, though, will entail rejecting the basic postmetaphysical premise that critical theory must proceed in a metaphysically neutral way. (shrink)

ABSTRACTDrawing on my own work and experience, this paper brings together the various connections between critical realism and ethics. It argues that, against both determinism and physicalist...

This essay examines some of the arguments in David Deutsch's book The Fabric of Reality , chief among them its case for the so-called many-universe interpretation of quantum mechanics (QM), presented as the only physically and logically consistent solution to the QM paradoxes of wave/particle dualism, remote simultaneous interaction, the observer-induced 'collapse of the wave-packet', etc. The hypothesis assumes that all possible outcomes are realized in every such momentary 'collapse', since the observer splits off into so many parallel, coexisting, but (...) epistemically non-interaccessible 'worlds' whose subsequent branchings constitute the lifeline-or experiential world-series- for each of those proliferating centres of consciousness. Although Deutsch concedes that his 'multiverse' theory is counter-intuitive, he none the less takes it to be borne out beyond question by the sheer observational/predictive success of QM and the conceptual dilemmas that supposedly arise with alternative (single-universe) accounts. Moreover, he claims the theory resolves a range of longstanding philosophical problems, notably those of mind/body dualism, the various traditional paradoxes of time, and the freewill/determinism issue. The essay suggests on the contrary, that Deutsch unwittingly transposes into the framework of presentday quantum debate speculative themes from the history of rationalist metaphysics, often with bizarre or philosophically dubious results, and that he rules out at least one promising rival account, namely Bohm's 'hidden variables' theory. It goes on to consider reasons for resistance to that theory among proponents of the 'orthodox' (Copenhagen) doctrine, and for the strong anti-realist, at times even irrationalist bias that has characterized much of this discussion since Bohr's debates with Einstein about quantum non-locality, observer-intervention, and the limits of precise measurement. Finally, the contrast is pointed out between Deutsch's ontologically extravagant use of the many-worlds hypothesis (akin to certain ideas advanced by speculative metaphysicians from Leibniz down) and those realist modes of counterfactual reasoning- e.g. in Kripke and the early Putnam- which deploy similar arguments to very different causal-explanatory ends. (shrink)

Pre-emption cases have been taken by almost everyone to imply the unviability of the simple counterfactual theory of causation. Yet there is ample motivation from scientific practice to endorse a simple version of the theory if we can. There is a way in which a simple counterfactual theory, at least if understood contrastively, can be supported even while acknowledging that intuition goes firmly against it in pre-emption cases—or rather, only in some of those cases. For I present several new pre-emption (...) cases in which causal intuition does not go against the counterfactual theory, a fact that has been verified experimentally. I suggest an account of framing effects that can square the circle. Crucially, this account offers hope of theoretical salvation—but only to the counterfactual theory of causation, not to others. Again, there is (admittedly only preliminary) experimental support for this account. (shrink)

This article offers a critical review of various ontological-relativist arguments, mostly deriving from the work of W. V. Quine and Thomas K hn. I maintain that these arguments are (1) internally contradictory, (2) incapable of accounting for our knowledge of the growth of scientific knowledge, and (3) shown up as fallacious from the standpoint of a causal-realist approach to issues of truth, meaning, and interpretation. Moreover, they have often been viewed as lending support to such programmes as the 'strong' sociology (...) of knowledge and the turn towards wholesale cultural-relativist doctrines, whether of the Wittgensteinian ('language-games') or Heideggerian (depth-hermeneutic) varieties. Thus Richard Rorty recommends that we should henceforth drop all that old-fashioned talk of 'truth', 'knowledge', or 'reality', since whatever warrants those descriptions from time to time is just the product of some currently favoured language-game or range of elective metaphors. Such ideas have little in common with Quine's general outlook of robust physicalism, nor again - though the case is less clear - with Kuhn's reconsidered approach to these issues as set forth in his 1969 Postscript to The Structure of Scientific Revolutions . However, both thinkers have left themselves open to misconstrual by adopting a sceptical-relativist fallback position in response to the well-known problems with logical empiricism. This essay therefore reviews those problems with reference to alternative, more adequate accounts of what is involved in the process of scientific discovery and theory-change. (shrink)

Might something I do now make something have happened earlier? This paper is about an argument which concludes that I might. Some arguments about “backward causation” conclude that the world could have been the kind of place in which actions make things have happened earlier. The present argument says that it is that kind of place: that we actually are continually doing things that really make earlier things have happened. The argument is not new. It sees temporal direction as logically (...) independent of any direction which necessary and sufficient conditions may have and it sees causal direction as properly deriving from the latter. Thus the directions of time and of making things happen need not coincide and, as it turns out, do not actually coincide in fact. There are examples of events which are sufficient, in a suitably rich sense, for the occurrence of earlier events; hence they make the earlier events happen. My purpose in this paper is to lend support to the argument by filling in some details which ‘backward sufficient conditions’ may lay claim to. (shrink)

If one’s solution to the free will problem is in terms of real causal powers of agents then one ought to be an incompatibilist. Some premises are contentious but the following new argument for incompatibilism is advanced: 1. If causal determinism is true, all events are necessitated2. If all events are necessitated, then there are no powers3. Free will consists in the exercise of an agent’s powersTherefore, if causal determinism is true, there is no free will; which is to say (...) that free will is incompatible with determinism, so compatibilism is false. (shrink)

Dispositionalism is the view that the world is, ultimately, just a world of objects and their irreducible dispositions, and that such dispositions are, ultimately, the sole explanatory ground for the occurrence of events. This view is motivated, partly, by arguing that it affords, while non‐necessitarian views of laws of nature do not afford, an adequate account of our intuitions about which regularities are non‐accidental. I, however, argue that dispositionalism cannot adequately account for our intuitions about which regularities are non‐accidental. Further, (...) I argue that, intuitions aside, if we suppose that our world contains objects along with their irreducible dispositions, we must suppose, on pain of logical incoherence, that it contains laws of nature that are incompatible with a dispositionalist ontology. Indeed, if we suppose a world of objects and irreducible dispositions, we will have to suppose that the most prominent views of laws of nature currently on offer are all inadequate. (shrink)

My aim is to argue for the incompatibility of one of the central principles of physics, namely the principle of least action (PLA), with the increasingly popular view that the world is, ultimately, merely something like a con- glomerate of objects and irreducible dispositions. First, I argue that the essentialist implications many suppose this view has are not compatible with the PLA. Second, I argue that, irrespective of whether this view has any essentialist implications, it is not compatible with the (...) kind of explanation that the PLA affords. (shrink)

I argue that Mumford and Anjum’s recent theory of simultaneous causation among powerful meso-level objects is problematic in several respects: it is based on a false dichotomy, it is incompatible with standard meso-level physics, it is explanatory deficient, and it threatens to render the powers metaphysics incoherent. Powers theorists are advised, therefore, to adopt a purely sequential conception of causation.

In Elder-Vass’s response to my it is maintained: that a social object is not identical with but is merely composed of its suitably interrelated parts; that a social object is necessarily indistinguishable in terms of its causal capacities from its interrelated parts; and that ontological individualism lacks an adequate ontological justification. In this reply, I argue that in view of the so-called redescription principle defended by Elder-Vass ought to be reformulated and renamed; that the conjunction of and renders social objects (...) causally redundant; and that ontological individualism can be coherently formulated and theoretically justified within Elder-Vass’s own metaphysics of objects with causal powers. (shrink)

Over the last few decades, philosophers and social scientists have applied the so-called powers ontology to the social domain. I argue that this application is highly problematic: many of the alleged powers in the social realm violate the intrinsicality condition, and those that can be coherently taken to be intrinsic to their bearers are arguably causally redundant. I end the paper by offering a diagnosis of why philosophers and social scientists have been tempted to think that there are powers in (...) social realm. (shrink)

In this paper I review three different positions on the wave function, namely: nomological realism, dispositionalism, and configuration space realism by regarding as essential their capacity to account for the world of our experience. I conclude that the first two positions are committed to regard the wave function as an abstract entity. The third position will be shown to be a merely speculative attempt to derive a primitive ontology from a reified mathematical space. Without entering any discussion about nominalism, I (...) conclude that an elimination of abstract entities from one’s ontology commits one to instrumentalism about the wave function, a position that therefore is not as unmotivated as it has seemed to be to many philosophers. (shrink)

After presenting Apostel’s views on scientific realism, I present definitions of the concepts of ontology and metaphysics. I then proceed to develop Apostel’s basic ontology and his metaphysics. Apostel proposed a particular understanding of existence based on his views on causation. He also developed a view of the universe as a causal self-explaining system. I discuss and illustrate three kinds of what he calls “metaphysical deductions” that aim to deliver such a view of the universe. The most important one is (...) the Leibnizian variational method, that should allow us to deduce the existing universe as the ‘best’ of all possible worlds. (shrink)

What kinds of evidence reliably support predictions of effectiveness for health and social care interventions? There is increasing reliance, not only for health care policy and practice but also for more general social and economic policy deliberation, on evidence that comes from studies whose basic logic is that of JS Mill's method of difference. These include randomized controlled trials, case–control studies, cohort studies, and some uses of causal Bayes nets and counterfactual-licensing models like ones commonly developed in econometrics. The topic (...) of this paper is the 'external validity' of causal conclusions from these kinds of studies. We shall argue two claims. Claim, negative: external validity is the wrong idea; claim, positive: 'capacities' are almost always the right idea, if there is a right idea to be had. If we are right about these claims, it makes big problems for policy decisions. Many advice guides for grading policy predictions give top grades to a proposed policy if it has two good Mill's-method-of difference studies that support it. But if capacities are to serve as the conduit for support from a method-of-difference study to an effectiveness prediction, much more evidence, and much different in kind, is required. We will illustrate the complexities involved with the case of multisystemic therapy, an internationally adopted intervention to try to diminish antisocial behaviour in young people. (shrink)

Several philosophers of science and metaphysicians claim that the dispositional properties of fundamental particles, such as the mass, charge, and spin of electrons, are ungrounded in any further properties. It is assumed by those making this argument that such properties are intrinsic, and thus if they are grounded at all they must be grounded intrinsically. However, this paper advances an argument, with one empirical premise and one metaphysical premise, for the claim that mass is extrinsically grounded and is thus an (...) extrinsic disposition. Although the argument concerns mass characterized as a disposition, it applies equally well whether mass is a categorical or dispositional property; however, the dispositional nature of mass is relevant to some important objections and implications discussed. (shrink)

Modality and Anti-Metaphysics critically examines the most prominent approaches to modality among analytic philosophers in the twentieth century, including essentialism. Defending both the project of metaphysics and the essentialist position that metaphysical modality is conceptually and ontologically primitive, Stephen McLeod argues that the logical positivists did not succeed in banishing metaphysical modality from their own theoretical apparatus and he offers an original defence of metaphysics against their advocacy of its elimination. -/- Seeking to assuage the sceptical worries which underlie modal (...) anti-realism, McLeod provides an original contribution to essentialist epistemology, engaging with current debates about modality and suggesting that standard essentialist approaches to some issues in the philosophies of logic and language require revision. -/- This book offers valuable insights to professional philosophers, postgraduates and advanced undergraduates interested in metaphysics, philosophy of logic or the history of twentieth-century analytic philosophy. (shrink)

Evidence based medicine (EBM) is under critical debate, and person centered healthcare (PCH) has been proposed as an improvement. But is PCH offered as a supplement or as a replacement of EBM? Prima facie PCH only concerns the practice of medicine, while the contended features of EBM also include methods and medical model. I here argue that there are good philosophical reasons to see PCH as a radical alternative to the existing medical paradigm of EBM, since the two seem committed (...) to conflicting ontologies. This paper aims to make explicit some of the most fundamental assumptions that motivate EBM and PCH, respectively, in order to show that the choice between them ultimately comes down to ontological preference. While EBM has a solid foundation in positivism, or what I here call Humeanism, PCH is more consistent with causal dispositionalism. I conclude that if there is a paradigmatic revolution on the way in medicine, it is first of all one of ontology. (shrink)

Hume thought that if you believed in powers, you believed in necessary connections in nature. He was then able to argue that there were none such because anything could follow anything else. But Hume wrong-footed his opponents. A power does not necessitate its manifestations: rather, it disposes towards them in a way that is less than necessary but more than purely contingent. -/- In this paper a dispositional theory of causation is offered. Causes dispose towards their effects and often produce (...) them. But a set of causes, even though they may succeed in producing an effect, cannot necessitate it since the effect could have been counteracted by some additional power. This would require a separation of our concepts of causal production and causal necessitation. The most conspicuous cases of causation are those where powers accumulate and pass a requisite threshold for an effect to occur. -/- We develop a model for representing powers as constituent vectors within an n-dimensional quality space, where composition of causes appears as vector addition. Even our resultant vector, however, has to be understood as having dispositional force only. This model throws new light on causal modality and cases of prevention, causation by absence and probabilistic causation. (shrink)

Powers ontologies are currently enjoying a resurgence. This would be dispiriting news for the moderns; in their eyes, to imbue bodies with powers is to slide back into the scholastic slime from which they helped philosophy crawl. I focus on Descartes’s ‘little souls’ argument, which points to a genuine and, I think persisting, defect in powers theories. The problem is that an Aristotelian power is intrinsic to whatever has it. Once this move is accepted, it becomes very hard to see (...) how humble matter could have such a thing. It is as if each empowered object were possessed of a little soul that directs it and governs its behavior. Instead of attempting to resurrect the Aristotelian power theory, contemporary philosophers would be best served by taking their inspiration from its early modern replacement, devised by John Locke and Robert Boyle. On this view, powers are internal relations, not monadic properties intrinsic to their bearers. This move at once drains away the mysterious directedness of Aristotelian powers and solves the contemporary version of the little souls argument, Neil Williams’s ‘problem of fit.’. (shrink)

What is the connection between dispositions and ethics? Some might think very little and those who are interested in dispositions tend to be metaphysicians whose interests are far from value. However, we argue in this paper that dispositions and dispositionality are central to ethics, indeed a precondition. Ethics rests on a number of notions that are either dispositional in nature or involve real dispositions or powers at work. We argue for a dispositional account of value that offers an alternative to (...) the traditional fact-value dichotomy. We explain the place of value within a structure that explains the possibility of ethics. Elsewhere in this structure, we argue that moral responsibility is a precondition for ethics and that it is a dispositional notion depending critically on what Mumford and Anjum have called the dispositional modality. Moral responsibility in turn depends on there being both agency and normativity. We argue that intentionality and agency are preconditions for agency and that value is a precondition of normativity. All these notions are dispositional and make best sense if there are real dispositions or causal powers of agents. (shrink)

Distributive egalitarians believe that distributive justice is to be explained by the idea of distributive equality (DE) and that DE is of intrinsic value. The socio-relational critique argues that distributive egalitarianism does not account for the “true” value of equality, which rather lies in the idea of “equality as a substantive social value” (ESV). This paper examines the socio-relational critique and argues that it fails because – contrary to what the critique presupposes –, first, ESV is not conceptually distinct from (...) DE, and second, the idea of ESV cannot serve as a “foundation” or “root” of distributive egalitarianism. (shrink)

This thesis investigates the conceptual relationship between laws of nature and free will. In order to clarify the discussion, I begin by distinguishing several questions with respect to the nature of a law: i) do the laws of nature cover everything that happens? ii) are they deterministic? iii) can there be exceptions to universal and deterministic laws? iv) do the laws of nature govern everything in the world? In order to answer these questions I look at three widely endorsed accounts (...) of laws: "Humean" regularity accounts, laws as relations among universals, and the dispositional essentialist account. I argue that there is nothing in the very nature of a law - in any of the accounts surveyed - that implies a positive answer to questions (i) and (ii). I show that this has important consequences for the free will problem. I then turn to the compatibility of free will and determinism. I focus on the Humean view and the dispositional essentialist account of laws. And the bulk of this discussion concerns the consequence argument, especially the question of whether the laws of nature are "up to us". I show that, on the dispositional conception of laws, there is no sense in which the laws of nature are up to us, contrary to the Humean view. However, this does not mean that there is no room for free will on the dispositional account. I argue that free will requires the laws of nature to be limited in scope, rather than being indeterministic. I conclude by showing that this allows one to resist the claim that indeterminism rules out free will. (shrink)

The research investigates the impacts of the 2008 GFC on the securities market supervision by identifying how securities regulators have responded to the GFC, adapted to the post-crisis market conditions, and developed a more responsive supervisory structure. Implications for emerging markets are drawn based on research finding analysis. Quantitative survey research and qualitative techniques with focus group interviews and documentary research are employed in a mixed-methodology under the paradigm of critical realism to generalize the crisis impacts on SMS. Findings of (...) the research include: the GFC has generated impacts on all areas of SMS framework. Discussion is focused on a paradigm shift in SMS philosophy, re-construction of SMS architecture, emerging of risk-based approach, involvement of securities regulators in macro-prudential supervision, disputable roles of self-regulatory organizations in market conduct oversight, and re-regulation of securities products, market intermediaries, market gatekeepers and SROs; post-crisis SMS responsiveness improvement was a result of post-crisis policy reform; and developed markets and emerging markets followed the same trend of post-crisis SMS reform but their ways diverged in some areas. Post-crisis SMS paradigm shift, prevalence of integration model, choices of developed and emerging markets between twin-peaks and integration, post-crisis diminishing roles of SROs, emergence of central banks, divergence of developed markets and emerging markets in policies are explained. Critical implications were developed for emerging markets, including: comprehending the post-crisis SMS paradigm shift and developing a new SMS philosophy; dealing with the dilemma of SMS restructuring post-crisis; identifying the tasks and challenges of applying risk-based approach; and, establishing a culture of responsive SMS. Contribution of this research is significant in terms of theory, body of knowledge, methodology and literature: the research is the first that describes a comprehensive theoretical framework of SMS, defines the concept of SMS responsiveness and develops a complete SMS framework. A new SMS philosophy is recommended through analysis of research findings; the research helps to reveal the actual impacts of the 2008 GFC on SMS, develops regulatory implications and recommends components of a responsive SMS framework.; the research outcomes justifies employment of mixed methodologies; and the research also provides qualitative and quantitative data that supplements the literature of the GFC and securities supervision. Empirical evidence of the research is theoretically justified, meaningful, realistic, and discrete and is capable of verification in any further research contexts. (shrink)

This thesis constructs a model of the material causes of the capacity of individuals to act at work, by using the ontology of scientific realism to facilitate a synthesis between Marx and Foucault. This synthetic model is submitted as a solution to the long-standing problem of Industrial Relations theory, now manifest in the deconstruction of the organon of 'control'. The problems of 'control' are rooted in the radical concept of power and traditional, base/superstructure, interpretations of Marx. Developing an alternative to (...) the last provides the means of transcending the limitations of the first and the second. A realist, chronological-bibliographic reading of Marx provides an alternative to traditional interpretations, by creating a novel concept of his object, his initial explicandum and his putative explicans. This reading identifies a fresh problem with his model of capital: it cannot explain how labour is organized into a productive power and subsumed to capital. Foucault provides the means of resolving these deficiencies of Marx's explicans. A realist interpretation turns Marx and Foucault around to face each other, renders them compatible and establishes points of contact between their work. Together they constitute a model of the operative logic of production relations capable of explaining the organization of labour, its subsumption to capital and the materialism of civil society and the idealism of the state. On this basis, the contemporary form of the problem of Industrial Relations theory is explained. (shrink)

Causal decision theory defines a rational action as the one that tends to cause the best outcomes. If we adopt counterfactual or probabilistic theories of causation, then we may face problems in overdetermination cases. Do such problems affect Causal decision theory? The aim of this work is to show that the concept of causation that has been fundamental in all versions of causal decision theory is not the most intuitive one. Since overdetermination poses problems for a counterfactual theory of causation, (...) one can think that a version of causal decision theory based on counterfactual dependence may also be vulnerable to such scenarios. However, only when an intuitive, not analyzed notion of causation is presupposed as a ground for a more plausible version of causal decision theory, overdetermination turns problematic. The first interesting consequence of this is that there are more reasons to dismiss traditional theories of causation (and to accept others). The second is to confirm that traditional causal decision theory is not based on our intuitive concept of the causal relation. (shrink)