Fallacies of our world

Definition of Definition?

Using pronoun without its noun

Everyone is born Psychologist.

The world is full of tautologies.

Possible behaviours (goals) of our world
• Social

• Prosocial

• Self-interest

• Selfishness

• Antisocial
 Adam Smith
Used the word ‘Self-Interest’ three times in 1000 pages book.

What people think, “It is not from the benevolence of the butcher, the
brewer, or the baker that we expect our dinner, but from their regard to
their own interest.”

What he said, “It is not from the benevolence of the butcher, the
brewer, or the baker that we expect our dinner, but from their regard to
their own interest. We address ourselves, not to their humanity but to
their self-love, and never talk to them of our own necessities but of
their advantages. Nobody but a beggar chooses to depend chiefly upon
the benevolence of his fellow-citizens (Smith, 1976 [1776] p. 26-27)”

No one reads the books where he explained “Self….”—Theory of Moral

Sentiment.
 Weber
Profit making is not wrong
 Historical Development—Then
• Assumptions:
• Moral Unity theory Business is part of Society.
• Profit Making is Anti-social.

• Outcome:
• Most Powerful Institution Religious bodies
 Historical Development—Now
• Assumptions:
• Amoral Theory of Business  Business is
independent.
• Profit  continue in business and reinvest.

• Outcome:
• Bureaucracy became most powerful institution.
• Profit Making is sign of God’s favor hence no need to
study society.
 Organization

A consciously coordinated social unit,

composed of two or more people, that

functions on a relatively continuous basis to

achieve a common goal or set of goals.

 Assumption 1

• Organisation as a social entity attempts to care

non-members and feel pleasure and pain in

response to its action. These actions may or may

not be driven by a principle of reciprocity

 Connecting people
• Types:
• Similar
• Dissimilar

• Mechanism
• Cooperation
• Coordination
 Assumption 2

• Organisation can think and act independently to

define its relationship with other similar or

dissimilar entities.