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In this reading James sets forth his view of truth. He holds that truth is dynamic rather than static and is to be defined in terms of beliefs that are useful or satisfying. Unlike the "intellectualists" (James's characterization of the traditional static approaches to the question of truth, i.e., the correspondence theorists), truth is in process-still becoming and changing. Yesterday's truth is today's falsehood, and today's truth is tomorrow's half-truth. What really matters is what you can do with an idea, what difference it makes to your life, its (in James's term) "cash-value."
-According to James, truth has nothing to do with the good.
Financial Disclosures
Information provided by a company to its stakeholders about its financial health, performance, and risks, typically found in annual reports and financial statements.
Economic Incentive
A financial or non-financial reward offered to encourage or discourage specific behaviors or actions by individuals or companies.
Raise Capital
The process by which a company or organization generates funds to finance its operations or growth, often through the sale of equity or debt securities.
Economic Incentive
A financial or non-financial reward offered to encourage or discourage certain behaviors or actions within an economy.
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