Journal of Critical Realism in Socio-Economics (JOCRISE)

What is Scientific Reality?

2025-10-31T14:29:42+07:00

Scientific progress in AI, Big Data, and FINTECH has revolutionized human life but also intensified inequality, surveillance, and ecological crises. This paper argues that such contradictions arise from modern science’s separation of morality from materiality. It advances the Law of Unity of Knowledge, integrating ethical consciousness (“being”) with empirical reality (“becoming”) through circular causation. The framework, rooted in insights from Einstein, Hawking, Whitehead, and Imam Ghazali, culminates in a Wellbeing Function that links sustainability to moral-material complementarity. Applications include ethical AI in healthcare and Qur’ānic principles of trusteeship in agriculture, redefining scientific reality as holistic, ethical, and transformative

Introduction to Qur'anic Wisdwom

2025-11-01T19:04:18+07:00

The human Span of Knowability is limited to boundaries defined by Logical Positivism. The Quran as a book of Knowledge is Message contents revealed from God Almighty. The messages in general may broadly be classified into two broad categories i.e. LEARNING and ACADEMIC. The text contents LEARNING in nature are set of Communication materials calling one to change of its behavior voluntarily i.e. Commanding Response appropriate to Specific Message Contents. The other broader class i.e. ACADEMIC are Text Contents that do not command change of behavior or response expressed through conscience, intents, motivations and actions reflected as ATTITUDES. The holy Quran is explored as Message Contents primarily directed to Change of Behaviour and hence LEARNING in nature. The Quranic Learning Texts are attached with dire consequences in terms of Perpetual bliss and Everlasting sufferings and hence referred as Quranic Wisdoms. The success is the result of commitment and actions in due response to such inherent Wisdoms. It provides with basic ingredients for building of Personalities. The Quranic Wisdoms are communicated through combination of Text forms i.e. MUHKAMAAT and MUTASHABIHAAT. The text contents of MUTASHABIHAAT are essentially Unknowable yet Inferable (through reason) whereas as the texts of MUHKAMAAT are direct, precise, perceptible and observable i.e. Knowable in essence. The progress of behavioral change may be evaluated amid various changing environments and circumstances presented as Quranic Templates. The effective monitoring of change observed across various Quranic Templates can be used as tools for right development of Ordinary Self leading to True Islamic Personalities.

The Advantages of Free Trade Over Tariffs

2025-10-31T15:50:42+07:00

The term paper examines the historic conflict between protectionism and free trade, arguing that unilateral free trade is the superior economic policy. While tariffs are traditionally justified as tools to guard home industries and protect jobs, economic theory and existing evidence confirm that such protectionist behavior ultimately reduces economic efficiency, raises consumer prices, and hurts long-run growth. Drawing from the initial theories of David Ricardo and Adam Smith and Austrian economists today, the paper describes how open markets, specialization, and comparative advantage provide a win-win scenario for trading nations. Historical evidence from case studies like Britain's post-Corn Laws period and the East Asian export-led growth is testimony that countries thrive if free trade is permitted. Lastly, the evidence is in favor of the argument that free trade is not just economically optimal but also ethical, and should be embraced as a means to greater prosperity and global development.

Decentering - from Ptolemaic to Planetary (or Oneness) Paradigm

2025-10-31T16:17:30+07:00

The Ptolemaic paradigm put the Earth at the centre of the universe giving rulers a Divine Right (to rule) and awarding humans high status as God’s Children who had planetary dominion. However, in the sixteenth century, the Copernican Revolution decentered the Earth and so began undermining the Divine Right although it continued the high status and planetary dominion. Three centuries later, Darwinian Evolution, establishing that Homo sapiens is only one species among many, decentered humans from their high status. Nevertheless, it did not check the dominion. Indeed, Evolution did the opposite and gave humans a licence to pillage. Moreover, the licence exacerbated the aggressive tendencies of Homo economicus as developed by John Stuart Mill. Influenced by Malthus and Tennyson, Herbert Spenser then united Darwin and Mill proclaiming Survival of the Fittest thereby encouraging the imperialism and economic expansionism which would plunder the planet and result in today’s environmental crises. However, the Planetary (or Oneness) Paradigm, in a third decentering, remembers that humans are part of, and not separate from, the planet as a whole and enables Homo economicus to evolve into Homo co-operans thereby creating beneficial outcomes and enabling A Shared World View.

BOOK REVIEW: Principal Model of Divergence In Increasing Inequality In Thomas Piketty (Translated By Arthur Goldhammer). Capital In The Twenty-First Century. The Belknap Press of Harvard University Press Cambridge, Massachusetts London, England 2014.

2025-11-01T18:45:49+07:00

The section towards the end is a focused extract from the above masterpiece by Thomas Picketty. The question raised in this partial book review is that the current egalitarian expectation of Islamic Economics, Finance, and Social Contract by shari’ah scholars is untenable in a market economy. Thereby, only an abounding rich and enforcing policy mechanism of non-democratic states can provide exogenously power-structure of such countries to institutionalize Islamic socio-economic enforcement structure, while avoiding the endogenous market process. Yet it is the latter socio-economic structure that induces the most central driving force of the Islamic worldview. That is, the endogenous induction of essential qur’anic knowledge of unity of knowledge, explained by the socio-economic structure of participated complementary in the order of ‘everything’. The qur’anic overarching meaning of maqasid as-shari’ah as the DIVINE WAY is invoked and implicated as the Law of Tawhid. This is explained and continuously sustained as the universal law of unity of knowledge induced by consciousness in ‘everything’, That is the unifying structure of pairing as the regenerative structure of ‘pairing’ in ‘everything’.