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Journal of Critical Realism in Socio-Economics
Published by Universitas Darussalam Gontor
ISSN : 29642930     EISSN : 29643317     DOI : https://www.doi.org/10.21111/jocrise
Core Subject :
Journal of Critical Realism in Socio-Economic (JOCRISE) is focused on the reviews of related problems in critical realism open to the methodological moral inclusiveness of diverse issues and problems on the socio-economics domain. Scope Theory of critical realism; Theory of unity of knowledge; Application the theory of critical realism to socio-economics; Theory of social ontology and applications; From Ontology to Epstimology and phenomenology; Pertaining to socio-scientific problems; Theory of multidisciplinary wellbeing of moral inclusiveness in science; Evolutionary learning behavior and inter-variate circular causation in simulating wellbeing; religion and science methodological worldview of unity of knowledge; Philosophy of religion and science in socio-economics; sustainability in respect of a comprehensive objective criterion of wellbeing; Climate change by socio-economic transformation for the commod good; Poverty Alleviation and socio-economic restructuring; Consciousness in socio-scientific structures and choice; Pervasively parcipatory socio-economic development.
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Articles 4 Documents
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Search results for , issue "vol. 4 no. 02 (2026): computing consciousness" : 4 Documents clear
A Critical Realist Reading on The Banking & Interest Crisis Rodney Shakespeare
Journal of Critical Realism in Socio-Economics (JOCRISE) Vol. 4 No. 02 (2026): Computing Consciousness
Publisher : Universitas Darussalam Gontor Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21111/jocrise.v4i02.39

Abstract

This paper examines the ontological nature of modern money creation and the destructive socio-economic impacts of compound interest. It seeks to expose how the private banking sector’s monopoly on money creation through debt-entry mechanisms serves as a fundamental barrier to human rights, mental health, and ecological sustainability. Using a critical political economy approach and a socio-legal case study analysis, the research investigates the mechanics of fractional reserve and credit-creation banking. It specifically analyzes the correlation between usurious debt structures and social collapse, utilizing the Indian agrarian crisis (1997–2010) as a primary case study for the human cost of compound interest. The study reveals that approximately 95% of the global money supply is created as debt by private institutions, making "scarcity" a systemic artifact rather than a physical reality. The research identifies "Accumulated International Debt Syndrome" (AIDS) as a neo-colonial mechanism that prevents developing nations from achieving sovereignty. Furthermore, it demonstrates that "financial unviability" in green energy projects—such as tidal lagoons—is often a mathematical consequence of interest-based discounting rather than a lack of technological or resource feasibility. This paper bridges the gap between monetary theory and humanitarian ethics. By reframing 200,000 farmer suicides not as individual tragedies but as "systemic executions" caused by interest-bearing logic, the work calls for a paradigm shift toward debt-free sovereign money and the abolition of usurious frameworks to facilitate civilizational progress.
A Critical Realist Reading on Global Poverty and Social Impact Rodney Shakespeare; Peter Challen
Journal of Critical Realism in Socio-Economics (JOCRISE) Vol. 4 No. 02 (2026): Computing Consciousness
Publisher : Universitas Darussalam Gontor Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21111/jocrise.v4i02.51

Abstract

This paper critically analyzes the socio-economic narrative of the "useless class" emerging from the discourse of the Fourth Industrial Revolution (4IR), as championed by the World Economic Forum (WEF) and figures like Yuval Noah Harari. It seeks to investigate how this narrative serves as a precursor to systemic exclusion and new forms of global authoritarianism. Utilizing a critical realism framework and political economy analysis, the study dissects the convergence of technocratic ideology, financialization, and digital surveillance. It maps the power structures of the "Global Asset Monopoly"—specifically the network of 147 companies controlling 40% of global wealth—to understand the structural drivers of human marginalization. The research identifies a transition toward "Digital Fascism," where Central Bank Digital Currencies (CBDCs) and social credit scoring function as mechanisms for total behavioral compliance. Furthermore, the study finds that immersive technologies like the Metaverse are positioned not merely as entertainment, but as tools for cognitive pacification to manage a population rendered economically redundant by automation and systemic poverty. By synthesizing the critiques of financialization with the psychological implications of the 4IR, this paper offers a unique perspective on the existential threat to human agency. It argues that the "uselessness" of humanity is not a technological inevitability, but a deliberate political construct designed to consolidate power within a hyper-centralized global elite.
A Critical Realist Proposal on Planetary Oneness Paradigm Rodney Shakespeare
Journal of Critical Realism in Socio-Economics (JOCRISE) Vol. 4 No. 02 (2026): Computing Consciousness
Publisher : Universitas Darussalam Gontor Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21111/jocrise.v4i02.94

Abstract

A major paradigm is the civilizational understanding of reality that dictates everyday life; thus, a paradigm shift is of immense significance. This paper presents large-scale research into the factors contributing to such shifts, resulting in the "Planetary Oneness Paradigm." This framework embodies universal unity and interconnectedness, challenging today’s mainstream reductionist understanding, which is outdated, inaccurate, and static. The paper investigates the historical roots of our current crisis, beginning with the geocentric Ptolemaic paradigm. That view established an authoritarian "Divine Right" for rulers and granted humans planetary dominion as "God’s Children." The first paradigm shift, the Copernican Revolution, introduced a heliocentric universe, undermining authoritarianism while maintaining human status. The second shift, Darwinism, reframed humans as one species among many engaged in a struggle for survival. This, alongside the rise of Homo economicus, summarized life as "Survival of the Fittest," fueling aggression, colonialism, and environmental depredation. Concurrently, mainstream economics consolidated fundamental assumptions that the Industrial Revolution had already rendered false. This research identifies 59 such false assumptions and discovers that their opposites are true. These true opposites form the components of a third paradigm shift: a Shared World View. This view unifies Science and Religion, offering practical solutions to seemingly insoluble global problems—including universal basic income, wide capital ownership, and voluntary population stabilization. By changing material circumstances, this paradigm enables the evolution of a selfish Homo economicus into an environmentally responsible Homo co-operans, providing genuine hope for the future.
BOOK REVIEW John Maynard Keynes, 1963. Essays in Persuasion, “The Future”, W.W. Norton, New York JOCRISE Editorial Group
Journal of Critical Realism in Socio-Economics (JOCRISE) Vol. 4 No. 02 (2026): Computing Consciousness
Publisher : Universitas Darussalam Gontor Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21111/jocrise.v4i02.108

Abstract

This book review examines John Maynard Keynes’s Essays in Persuasion, particularly the essay “The Future,” as a profound ethical and epistemological reflection on the trajectory of modern economic civilization. The review aims to reassess Keynes not merely as a founder of modern macroeconomics, but as a moral thinker concerned with the wellbeing of future generations. Keynes critically challenges the dominance of wealth accumulation, usury, and material obsession, advocating instead for a return to ethical purpose, leisure, and human flourishing. The review highlights Keynes’s distinction between money as an instrument for productive regeneration and money as an object of pathological accumulation. It further interprets his vision through a dynamic framework linking money, capital formation, technology, and social wellbeing via circular causation. By revisiting Keynes’s foresight in light of contemporary crises stagflation, inequality, and ethical erosion this review underscores the enduring relevance of his moral critique for rethinking economic policy, monetary governance, and the future of global wellbeing.

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All Issue Vol. 4 No. 04 (2026): ROLE OF RELIGIOUS KNOWLEDGE IN THE THEORY OF CRITICAL REALISM Vol. 4 No. 03 (2026): BRIDGING THE MORAL-MATERIAL GAP IN SCIENTIFIC INQUIRY Vol. 4 No. 02 (2026): Computing Consciousness Vol. 3 No. 04 (2025): DISCUSSION ON QUR’ANIC NATURE OF MONEY Vol. 3 No. 03 (2025): THE QUESTION OF UNIVERSALITY AND UNIQUENESS IN CRITICAL REALISM Vol. 3 No. 02 (2025): UNITY STRUCTURE OF LEGO-WORLD Vol. 4 No. 1 (2025): Supercardinal Accountability of Allah, Heaven, and Earth Vol. 3 No. 01 (2024): KNOWLEDGE AND CRITICAL REALISM Vol. 2 No. 04 (2024): Values and Future of Concepts And Application of Critical Realism Vol. 2 No. 02 (2024): Unity Paradigm Of Mesoscience Vol. 2 No. 3 (2024): Israel-Palestine Conflict: Religious Element Vol. 2 No. 1 (2023): JOCRISE: NEW PARADIGM PERSPECTIVES IN CRITICAL REALISM Vol. 1 No. 4 (2023): Critical Realism of Moral-Material Complementarities Vol. 1 No. 3 (2023): Critical Realism and Sure Reality Vol. 1 No. 2 (2023): Search for the Socio-Scientific Core of Critical Realism Vol. 1 No. 1 (2022): Critical Realism: Paradigm Shifts More Issue