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Critical Thinking for Understanding Fallibility and Falsifiability of Our Knowledge

aXLRI – Xavier School of Management, India
bIndian School of Hospitality, India

A Primer on Critical Thinking and Business Ethics

ISBN: 978-1-83753-309-1, eISBN: 978-1-83753-308-4

Publication date: 27 July 2023

Abstract

Executive Summary

All of us seek truth via objective inquiry into various human and nonhuman phenomena that nature presents to us on a daily basis. We are empirical (or nonempirical) decision makers who hold that uncertainty is our discipline, and that understanding how to act under conditions of incomplete information is the highest and most urgent human pursuit (Karl Popper, as cited in Taleb, 2010, p. 57). We verify (prove something as right) or falsify (prove something as wrong), and this asymmetry of knowledge enables us to distinguish between science and nonscience. According to Karl Popper (1971), we should be an “open society,” one that relies on skepticism as a modus operandi, refusing and resisting definitive (dogmatic) truths. An open society, maintained Popper, is one in which no permanent truth is held to exist; this would allow counter-ideas to emerge. Hence, any idea of Utopia is necessarily closed since it chokes its own refutations. A good model for society that cannot be left open for falsification is totalitarian and epistemologically arrogant. The difference between an open and a closed society is that between an open and a closed mind (Taleb, 2004, p. 129). Popper accused Plato of closing our minds. Popper's idea was that science has problems of fallibility or falsifiability. In this chapter, we deal with fallibility and falsifiability of human thinking, reasoning, and inferencing as argued by various scholars, as well as the falsifiability of our knowledge and cherished cultures and traditions. Critical thinking helps us cope with both vulnerabilities. In general, we argue for supporting the theory of “open mind and open society” in order to pursue objective truth.

Citation

Mascarenhas, O.A.J., Thakur, M. and Kumar, P. (2023), "Critical Thinking for Understanding Fallibility and Falsifiability of Our Knowledge", A Primer on Critical Thinking and Business Ethics, Emerald Publishing Limited, Leeds, pp. 187-216. https://doi.org/10.1108/978-1-83753-308-420231007

Publisher

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Emerald Publishing Limited

Copyright © 2023 Oswald A. J. Mascarenhas, Munish Thakur and Payal Kumar. Published under exclusive licence by Emerald Publishing Limited