Starting from the assumption that decision situations in economic contexts are characterized by fundamental uncertainty, this article argues that the decision-making of intentionally rational actors is anchored in fictions. “Fictionality” in economic action is the inhabitation in the mind of an imagined future state of the world and the beliefs in causal mechanisms leading to this future state. Actors are motivated in their actions by the imagined future and organize their activities based on these mental representations. Since these representations are (...) not confined to empirical reality, fictional expectations are also a source of creativity in the economy. Fictionality opens up a way to an understanding of the microfoundations of the dynamics of the economy. The article develops the notion of fictional expectations. It discusses the role of fictional expectations for the dynamics of the economy and addresses the question of how fictional expectations motivate action. The last part relates the notion of fiction to calculation and social macrostructures, especially institutions and cultural frames. The conclusion hints at the research program developing from the concept of fictional expectations. (shrink)

This article interrogates the relationship between two apparently disjointed themes: the consensual presentation and mainstreaming of the global problem of climate change on the one hand and the debate in political theory/philosophy that centers around the emergence and consolidation of a post-political and post-democratic condition on the other. The argument advanced in this article attempts to tease out this apparently paradoxical condition. On the one hand, the climate is seemingly politicized as never before and has been propelled high on the (...) policy agenda. On the other hand, a number of increasingly influential political philosophers insist on how the post-politicization (or de-politicization) of the public sphere (in parallel and intertwined with processes of neoliberalization) have been key markers of the political process over the past few decades. We proceed in four steps. First, we briefly outline the basic contours of the argument and its premises. Second, we explore the ways in which the present climate conundrum is predominantly staged through the mobilization of particular apocalyptic imaginaries. Third, we argue that this specific (re-)presentation of climate change and its associated policies is sustained by decidedly populist gestures. Finally, we discuss how this particular choreographing of climate change is one of the arenas through which a post-political frame and post-democratic political configuration have been mediated. (shrink)

"Doubt is our product," a cigarette executive once observed, "since it is the best means of competing with the 'body of fact' that exists in the minds of the general public. It is also the means of establishing a controversy." In this eye-opening expose, David Michaels reveals how the tobacco industry's duplicitous tactics spawned a multimillion dollar industry that is dismantling public health safeguards. Product defense consultants, he argues, have increasingly skewed the scientific literature, manufactured and magnified scientific uncertainty, and (...) influenced policy decisions to the advantage of polluters and the manufacturers of dangerous products. To keep the public confused about the hazards posed by global warming, second-hand smoke, asbestos, lead, plastics, and many other toxic materials, industry executives have hired unscrupulous scientists and lobbyists to dispute scientific evidence about health risks. In doing so, they have not only delayed action on specific hazards, but they have constructed barriers to make it harder for lawmakers, government agencies, and courts to respond to future threats. The Orwellian strategy of dismissing research conducted by the scientific community as "junk science" and elevating science conducted by product defense specialists to "sound science" status also creates confusion about the very nature of scientific inquiry and undermines the public's confidence in science's ability to address public health and environmental concerns Such reckless practices have long existed, but Michaels argues that the Bush administration deepened the dysfunction by virtually handing over regulatory agencies to the very corporate powers whose products and behavior they are charged with overseeing. In Doubt Is Their Product Michaels proves, beyond a doubt, that our regulatory system has been broken. He offers concrete, workable suggestions for how it can be restored by taking the politics out of science and ensuring that concern for public safety, rather than private profits, guides our regulatory policy. Named one of the best Sci-Tech books of 2008 by Library Journal! (shrink)

Science and Democracy in Europe and the United States Sheila Jasanoff. Lippmann, Walter. The Phantom Public. New Brunswick: Transaction Publishers, 1993 [1925]. Litfin, Karen . Ozone Discourses: Science and Politics in Global ...