1. The Value of Philosophy
Philosophy of Business
The Value of Philosophy
Yusri Abdillah
Business Administration Program
Department of Business
Faculty of Administrative Science
Universitas Brawijaya

3. A Common Myth about Open-Mindedness
Some people believe that they are open-minded because they believe in things that are not commonly accepted. However, this has nothing to do with open-mindedness, as being open-minded has nothing to do with what you believe (see next slide)!
Even worse, if you believe things to be true exactly because they are not commonly accepted, you are in fact quite narrow-minded, since apparently you are unwilling to consider the commonly accepted answer as a possible answer.

4. Open-Mindedness: An Attitude
What makes one open-minded? Open-mindedness has to do with your attitude towards beliefs:
You are able to consider alternative beliefs.
You have no initial preference of one belief over the other.
You accept the possibility that existing beliefs are false.
In sum: You are critical towards existing beliefs.

5. A Common Myth about Being Critical
Many people incorrectly equate being critical with being dismissive, cynical, or negative:
First of all, when you are critical of a certain belief, you merely consider the possibility that a certain belief is false; you do not automatically reject that belief.
Second, even if you do reject a certain belief, then that is not automatically a bad thing; if you had good reasons to reject that belief, then that belief was probably false, and eliminating false beliefs may well be considered a good thing!

6. Being Critical: What it is
Being critical about a certain belief means to think about that belief, and to decide whether to accept it, reject it, or suspend judgment on that belief.
Thus, you consider alternative beliefs, and you make arguments for or against any of those beliefs to figure out whether the original belief was indeed the best belief or not.
In other words, being critical involves the same two components as philosophy: the generation as well as evaluation of alternative beliefs.
Indeed, philosophy can be understood as critical thinking with regard to difficult issues.

7. Why it is hard to be critical I
Habit
It’s hard to change our thinking patterns
Difficulty
It can be hard to generate or evaluate alternative beliefs. Sometimes we can’t comprehend suggested ones
Laziness
We don’t want to spend the time and effort
Futility
Being critical does not guarantee any kind of improvement in our beliefs.

8. Why it is hard to be critical II
Fear and Desire
We fear or desire the consequences of the truth of a belief
We desire acceptance and fear rejection by people around us
We hate to lose the ‘investment’ we have put in our beliefs
We like certainty and hate uncertainty
We love to be right and hate to be wrong

9. Wishful Thinking
We often like certain beliefs to be true. For example, it would be nice if there is a God, if there is life after death, etc. Wishful thinking frequently makes us believe exactly that what we want to be true, and at the same time makes us uncritical of those beliefs as well.

10. Herd Instinct, Partisan Mindset, and Leadership
Humans are very social animals, and we have a lot to gain or lose depending on our social status. Thus, we tend to do three things:
1. Herd Instinct: We are quick to accept the beliefs of those around us (family, friends, culture, etc.): we would hate to come off as being critical of those beliefs, as they may result in being rejected from our support group.
2. Partisan Mindset: We reject the beliefs of other groups, since they are, as a group, in competition with our group. Thus, we adopt a ‘Us vs Them’ Mindset: ‘We are right, and they are wrong!’.
3. Leadership: Within the group that we’re in, it is best to be ‘on top’. To be a leader, however, you must take control, and act as if you know what you are doing. As such, believing something (whether it is true or bad), and holding on to that belief, is better than trying to figure out what’s best. Indeed, admitting that you don’t know what’s best is often considered a sign of weakness.

11. Beliefs and Actions
Whenever, we make a decision, we rely on our beliefs: Beliefs are what we act upon. This makes us uncritical of our beliefs in 2 ways:
1. We hate to find out that in the past we have acted on bad beliefs, since as such we may have to admit that we have done harm.
2. We hate to change our daily routines as the result of changing our beliefs (laziness), especially if they seem to work fine (futility).

12. Certainty and Uncertainty
We like to have a sense of certainty, even if that is a false one, for having a definite belief means:
1. that we don’t have to spend time and effort to really think about what we’re doing: we can just do it.
2. that we can take control, which is good for our social status within the group that we live in.
Especially when it comes to the ‘big’ questions in life (‘What should I do with my life?’, ‘What happens when I die?’ etc.), we grasp for whatever answer is able to relieve us from the uncomfortable feeling of not knowing the answer.

13. Being Right and Being Wrong
We love to be right, and hate to be wrong! Our beliefs are a big part of who we are: how we see, define, and identify ourselves. Thus, we hate to be critical of our beliefs, as that would amount to being critical of ourselves!
Also, there is again a lot of social status to be lost if we would admit that we were wrong about something: Leaders are strong-headed (even if that means pig-headed!).

14. Critical Thinking and Evolution
As you can see, there are many obstacles to critical thinking, and some of those have a straightforward evolutionary explanation:
habit and a sense of certainty allows us to act quickly (the ‘Perfect Deliberator’ will simply not survive in a hostile world)
there is strength in numbers (herd instinct), there is competition between groups (partisan mindset) and within a group, it is good to be ‘on top’ (status)
the benefit of wishful thinking is not so clear: maybe it relieves stress

15. Why Critical Thinking isn’t much liked
Many of the reasons for why it is hard to be critical explain also why we associate critical thinking with negativity. We simply hate to be critical of our own beliefs, and we also hate others to be critical of the beliefs we have.

16. Revisiting the Stereotype of Philosophy
It should now be clear why many people have such a negative stereotype of philosophy:
Philosophers are critical thinkers, and we don’t like critical thinkers. In fact, by being critical, philosophers always seem to know better (‘intellectual bullying’).
Since the questions that philosophers ask are big, progress will be slow, and seemingly non-existent. Thus, philosophy seems like a waste of time (‘mental masturbation’).

17. The Value of Philosophy
What, then, is the value of philosophy? Here are some answers:
First, philosophy may provide answers to difficult questions, even if this takes a lot of time. In fact, science is one example where philosophy became very successful (‘natural philosophy’).
Second, even if philosophy does not provide one with any clear answers, it may still be able to say that certain answers are better than others.
And third, even if philosophy seems to be going absolutely nowhere, just the act of doing philosophy can still be very useful:
Doing philosophy will improve your critical thinking skills, and those can be successfully applied to almost any aspect of life.
Philosophy will open your mind, and get us out of our rut. It is, as Bertrand Russell called it, ‘liberating doubt’.
Philosophy forces one to be precise, clear, and rigorous. These are all useful qualities to have as well.