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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."
-James says that an idea cannot be true simply because it is useful.
Code of Ethics
A document outlining a set of principles and rules designed to guide decision making and conduct within an organization.
Social Issues
Topics of concern related to the societies or communities in which people live, often referring to matters of inequality, justice, and welfare.
Formal Statement
An official, written declaration of a company's policies, goals, or positions on specific issues.
Tie-In Sales
A sales tactic where the purchase of one product is linked to the purchase of another product, often as a bundle or prerequisite.
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