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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 82 Documents
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Conceptualizing Trust – Definitional Queries and its Role in Social Relations Nafay Choudhury
Journal of Critical Realism in Socio-Economics (JOCRISE) Vol. 1 No. 4 (2023): Critical Realism of Moral-Material Complementarities
Publisher : Universitas Darussalam Gontor Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21111/jocrise.v1i4.35

Abstract

Purpose In this paper, I undertake a critical examination of the concept of trust to track its multiple valences and analyze the ways in which it facilitates interactions between various actors and the consolidation of social solidarity amongst groups of people. While a definition may be difficult to pin down with precision, certain salient characteristics may be identified. Trust may also be divided into personal trust between individuals known to one another and impersonal trust, which exist between strangers. Personal trust is often a function of ethnic and kinship networks where personal knowledge and common characteristics between people help consolidate social solidarity. Impersonal trust is often viewed as especially important in the move from simple to more complex and variegated societies. The various contours of trust can be illustrated through its interaction with the law, and law and trust are often viewed in opposition – on contracts with someone else specifically because they cannot trust them. Finally, trust may sometimes be hidden – or reinforced – by social hierarchies and relationships of power. This article explores these different angles of understanding the concept of trust, with the goal of enriching scholarly discussion surrounding the term and its role in maintaining social order in society.
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.
JOCRISE Paradigm, Methodology & Economics: an accurate view of reality Rodney Shakespeare; Simon Mouatt; Peter Challen
Journal of Critical Realism in Socio-Economics (JOCRISE) Vol. 2 No. 1 (2023): JOCRISE: NEW PARADIGM PERSPECTIVES IN CRITICAL REALISM
Publisher : Universitas Darussalam Gontor Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21111/jocrise.v2i1.41

Abstract

JOCRISE is embarked upon a project of universal, even cosmic, significance. Rejecting the outdated, inaccurate and static understanding of reality which underlies mainstream economics, the Paradigm provides a new, accurate and dynamic understanding of our changing world. The new understanding is not reductionist and encompasses many subjects (including history, sociology, psychology, religion, environment, anthropology, technology and epistemology). The result is an ability to find solutions for major global problems (e.g., persistent poverty, depletion of resources and environmental depredation) which, at present, appear to be insoluble. The Paradigm’s potency is comparable to that of the Copernican Revolution which overthrew the concept of an Earth-centred universe and replaced it by a sun-centred one with consequences including today’s political democracy (i.e., the vote) as well as modern astronomy and rocketry. Just as the Revolution introduced a new methodology for astronomy, so the Paradigm introduces a new Methodology for economics which:- establishes that mainstream economics is founded upon fifty nine false, outdated, interconnected assumptions about reality reverses the false assumptions whereon the reversals (or opposites) are easily seen to be true and can therefore form the components of the new Economics with hugely beneficial consequences. The ‘Great Reset’ is a phrase describing the proposals of the World Economic Forum which will concentrate all economic power into the hands of the few rather than putting economic power into the hands of the many. The Paradigm has areas needing development (see Appendix Two). Readers are encouraged to make the development and so forward the progress of the Paradigm as a whole.
Searching for Islamic Economics: A Philosophical Inquiry Syamsuddin Arif
Journal of Critical Realism in Socio-Economics (JOCRISE) Vol. 1 No. 4 (2023): Critical Realism of Moral-Material Complementarities
Publisher : Universitas Darussalam Gontor Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21111/jocrise.v1i4.42

Abstract

All science is mirroring a Weltansicht, or worldview‒that is, a comprehensive framework through which individuals or cultures interpret and understand the world around them. Worldviews not only provide a broader context for interpreting the data, but also influence research directions, methodological preferences, and final conclusions. Economics is no exception to this phenomenon. This modest essay aims to open up the epistemological foundations of modern economics to closer scrutiny with a view to pinpointing the tacit assumptions, cultural or other biases, and preconceived notions operating beneath the surface of economic theories, models, methods, and approaches. In addition, this essay also explores the controversial idea of Islamic economics which its exponents say recognizes the interdependence between economic outcomes and ethical choices, and take into account the importance of aligning economic activities with universally accepted human values.
Editor's Note: The Project of Moral Inclusiveness Embedded in Critical Realism of The Socio-Scientific Paradigm Masud Choudhury
Journal of Critical Realism in Socio-Economics (JOCRISE) Vol. 1 No. 4 (2023): Critical Realism of Moral-Material Complementarities
Publisher : Universitas Darussalam Gontor Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21111/jocrise.v1i4.43

Abstract

On the over-encompassing cosmic meaning of the moral and material law of unity of knowledge between diverse entities, only recently, the hard sciences have opened to the study of the nature, logic, and implications of consciousness as the moral phenomenology of the order and scheme of the theory of knowledge, and of Being and Becoming in completeness of socio-scienti℀c inquiry. The highest echelons of the study of ontological investigation of Critical Realism of the Core of Science belongs to the study of moral phenomenology of the learning matter-material unified universe. On these substantive issues and the subtle studies that emanate, there are the following sparce ones.
Ideas: Critical Realism of Moral-Material Complementarities Rodney Shakespeare
Journal of Critical Realism in Socio-Economics (JOCRISE) Vol. 1 No. 4 (2023): Critical Realism of Moral-Material Complementarities
Publisher : Universitas Darussalam Gontor Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21111/jocrise.v1i4.44

Abstract

This section of JOCRISE is devoted to briefly ventilate innovative ideas on diverse perspectives of socio-scientiᢚc theories in general and developing economies particularly, for the common wellbeing of global holism. Writers may contribute ideas in this space for readers to gain theoretical, academic, and institutional insights
Margaret Archer (1943-2023) on Critical Realism and Morphogenesis: Linking Critical Realist Research Models from East and West Chris Adam-Bagley; Mahmoud Abubaker
Journal of Critical Realism in Socio-Economics (JOCRISE) Vol. 2 No. 1 (2023): JOCRISE: NEW PARADIGM PERSPECTIVES IN CRITICAL REALISM
Publisher : Universitas Darussalam Gontor Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21111/jocrise.v2i1.46

Abstract

Critical Realism (CR) is a philosophical approach to social science research, social action, and social change activism. It provides a framework for social scientists whose value commitments leads them to view the construction of social phenomenon in critical ways, which identify the often hidden oppressive elements in social structures. This understanding of a ‘new’ reality underlies the advocacy of change strategies, and the initiation of dialogue between members of disadvantaged and oppressed groups through the process of ‘morphogenesis’ This model of dialogues enabling change and the ‘unmasking of alienation’ stem from the work of Roy Bhaskar, and has been developed by Margaret Archer and other European scholars. An important feature of CR has been the application by the emergence of shared understanding, by social scientists from different value traditions (e.g. Christianity, Secular Humanism, and Islam). The JOCRISE in taking CR understandings of oppressive social forces into new fields, and with fresh CR models, is welcomed. In appraising the new model from JOCRISE, we offer both Cartesian dualism, and Popper’s World 3 model as elements of a new, dynamic focus on social change advocacy.
THE ECONOMIC ERRORS OF DR. MARTIN LUTHER KING Jr. Walter E. Block Block; David R. Iglesias
Journal of Critical Realism in Socio-Economics (JOCRISE) Vol. 2 No. 1 (2023): JOCRISE: NEW PARADIGM PERSPECTIVES IN CRITICAL REALISM
Publisher : Universitas Darussalam Gontor Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21111/jocrise.v2i1.47

Abstract

Martin Luther King Jr. was — and still is — one of the most powerful symbols in U.S. history. His message of anti-racism along with the exposing of government corruption are just part of the impact he made on the American people. While these are the more noble and respectable of his works, there exist other areas in which Dr. King erred in his judgement. The topic to which this paper will be devoted to will be the erroneous beliefs that Dr. King advocated regarding the failures of capitalism and the push for a more democratic socialist type of economic system. It is important that readers of this work not subject themselves to the fallacy of argumentum ad verecundium — the mistake of assuming that because Dr. King was an expert in one area (civil rights), he is therefore an expert in another (economics).
A PARADIGM SHIFT WELLBEING METHODOLOGY IN SOCIAL AND HUMANITIES RESEARCH Jadi Suriadi Suriadi
Journal of Critical Realism in Socio-Economics (JOCRISE) Vol. 2 No. 1 (2023): JOCRISE: NEW PARADIGM PERSPECTIVES IN CRITICAL REALISM
Publisher : Universitas Darussalam Gontor Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21111/jocrise.v2i1.48

Abstract

This research delves into the intricate aspects of methodology, presenting a series of procedural steps utilized in empirical research titled "Wellbeing Methodology: A Comprehensive Approach to Evaluating Public Contentment Regarding Municipal Services in Bau Bau City, Southeast Sulawesi, 2023." Within this study, we employ the Wellbeing Methodology (WM), tailored to scrutinize public concerns and governmental policies, specifically concentrating on appraising public satisfaction with the services delivered by the municipal administration in Bau Bau City, Southeast Sulawesi, during the year 2023. WM offers a holistic framework that assesses diverse dimensions of public welfare, with a primary focus on the elements of Perception, Participation, and Acceptance (PPA). We have collected data, including respondent identification, PPA evaluation scores, and community input, which are presented in visual formats such as graphs and diagrams. This study aims to explore residents' satisfaction levels regarding various government services and assess the significance of the Perception, Participation, and Acceptance (PPA) variables in shaping overall societal well-being, referred to as the "Index of Public Well-being". It addresses crucial research inquiries, bridges existing research gaps, and also solicits community feedback in the form of suggestions, recommendations, and critiques to pinpoint areas ripe for improvement. The collected data will be leveraged to construct a Public Satisfaction Index, facilitating comparisons and discussions across diverse population segments. The data will undergo specific modes of analysis The data scores reveal a final score of 7.26 out of 9.0, indicating a highly positive interpretation. A total of 21 evaluation points were considered, all of which fall within the significant range. However, it's noteworthy that approximately 8% of respondents provided lower scores (ranging from 1 to 4), warranting further investigation. Additionally, this research endeavours to formulate a sustainability plan to ensure the continuous enhancement of community well-being. Through rigorous data analysis and widespread dissemination, this study contributes to a deeper understanding of public sentiment and the effectiveness of local government services, ultimately fostering improvements in governance and public welfare.
Ending the Global Kleptocracy: Financial Innovation for the 21st Century Koenraad Priels
Journal of Critical Realism in Socio-Economics (JOCRISE) Vol. 2 No. 1 (2023): JOCRISE: NEW PARADIGM PERSPECTIVES IN CRITICAL REALISM
Publisher : Universitas Darussalam Gontor Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21111/jocrise.v2i1.49

Abstract

The purpose of this paper is to present a comprehensive and workable answer for addressing the socio-ecological crises that result from the severely flawed socio-economic system that is the capitalist world system to date. It presents a fundamental first step towards correcting this system, by addressing and correcting the monetary system whereupon a global kleptocracy has been constructed. At this point, there are no more excuses for social scientists, politicians, and regulatory agencies to hide in ivory towers. Conclusively, the feasible possibility for a pro-social, pro-ecological, and pro-economical financial system is presented here

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