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This chapter develops a sketch of a critical social ontology and contrasts it to a theory of sociality as presented in the work of Michael Brown. I argue that the ontology of our social forms requires categories for understanding them descriptively, functionally as well as in evaluative terms. I contend that a theory of power is needed for an understanding of the ontology of our social forms and that this can contribute to the construction of a more critical social ontology. I argue that a critical social ontology is a more attractive and satisfying paradigm for critical theory than current post-metaphysical approaches that emphasize discourse, recognition or other neo-Idealistic aspects of human sociality.

An agency relationship exists whenever one party (the principal) delegates authority to another (the agent). Because agents are assumed to be self-interested and to possess goals that diverge from the principal's goals, the principal must expend resources (called agency costs) to insure that agents act in her interest (Jensen & Meckling, 1976). In chains, the firm can choose as outlet managers either employees who are paid a salary (and perhaps a bonus) or franchisees who are granted the right to their outlet's profits after royalties and other expenses. In both cases, an agency problem is created because the firm delegates local decision-making to outlet managers whose interests are not perfectly aligned with that of the franchisor's (Rubin, 1978).

This essay summarizes the formation of the concept of “sociality” as it was developed in The Concept of the Social in Uniting the Humanities and Social Sciences. Its thesis is that if the human sciences are to have a representative discipline – in contrast with a field of largely topical studies – that defines human reality in the course of its work, then that discipline must have a concept of its distinctive reality, and the basic fact that the concept describes must be indisputable: that is, it must be irreducible and irrepressible as well as distinctively human. These qualities are satisfied by the formula “each-dependent-on-All,” where each shows itself as “intra-dependence” and, therefore, as “being-in-the-middle” of a “course of activity without immanent beginning and end.” This concept is then applied to theoretical positions presented or hinted at by the other chapters of this volume in order (1) to see how a given theory might differ from what is conventionally taught as sociological theory when the basic fact is systematically taken into account, and (2) to find among the implications of the concept a dialectic of social progress and societal change that is incompatible with received positive ideas of society, e.g., as an entity, system, or totality and compatible with the idea of such an apparent formation as a project in which the manifold (internal) relations of each-dependent-on-All present social progress as the ongoing reality of human reality.

This chapter describes a precollegiate course designed to encourage high school students of color to explore teaching and presents the findings from case studies on two Black male students enrolled in the course who are now preparing to pursue a career in teaching. The research questions guiding the two case studies include: (a) What factors influence Black males to consider teaching? (b) What roles do race, ethnicity, and school experiences play in Black males’ exploration of teaching? and (c) What aspects of the course are most influential in Black males’ exploration of teaching and related fields? The results of these case studies expose the complexity of effective recruitment of Black male teachers. The insights provided by these two teens can provide substantial guidance for the improvement of educational policy and practice in order to increase the recruitment and retention of Black male teachers.

The events of September 11, 2001 have triggered great interest in the identification, assessment, and management of “extreme events.” In this article, we offer a new mathematical framework for the development of financial risk management techniques to address these exposures. Based upon our analysis, we argue that: (1) the decreasing marginal utility of net wealth does not adequately explain the economics of insurance/ reinsurance; and (2) our proposed apprehended value criterion provides approximate justification of mean-third central moment fourth central moment (M-T-F) decision making, thereby “leapfrogging” (skipping over) the variance. Appropriate extensions of traditional financial risk management concepts are then considered, along with their implications for insurer/reinsurer underwriting and investment activity.

Analysis of organizational decline has become central to the study of economy and society. Further advances in this area may fail however, because two major literatures on the topic remain disintegrated and because both lack a sophisticated account of how social structure and interdependencies among organizations affect decline. This paper develops a perspective which tries to overcome these problems. The perspective explains decline through an understanding of how social ties and resource dependencies among firms affect market structure and the resulting behavior of firms within it. Evidence is furnished that supports the assumptions of the perspective and provides a basis for specifying propositions about the effect of network structure on organizational survival. I conclude by discussing the perspective’s implications for organizational theory and economic sociology.