It is obsessed by the illusion which vitiated the “natural economy”: an illusion due to failure to note the difference made in action by perception and publication of its consequences, actual and possible.
Dewey highlights the importance of recognizing how perception and the communication of consequences influence economic actions.
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So to the patent objection that the state is a very modern institution, it is replied that while modernity is a property of those structures which go by the name of states, yet all history, or almost all, records the exercise of analogous…
Competition will continue, but it will be less rivalry for acquisition of material goods, and more an emulation of local groups to enrich direct experience with appreciatively enjoyed intellectual and artistic wealth.
We lie, as Emerson said, in the lap of an immense intelligence.
Vision is a spectator; hearing is a participator.