On the Scientific Status of the Conscious Capitalism Theory

by Chong Wang



This note is a response to Rajendra Sisodia’s commentary on my article on the topic of Conscious Capitalism (in this issue of California Management Review). First, it raises new concerns based on Sisodia’s commentary and challenges the scientific status of the Conscious Capitalism theory. It focuses on refutability, consistency, and generality, as these three characteristics are essential features of any scientific theory. Second, it responds to Sisodia’s various comments.

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