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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Wealth and security are the natural rewards of economic virtues.
Personal loyalties to elders take the place of political obedience.
But in this respect he does not differ from those explicitly designated public officials who have also been known to betray the interest committed to them instead of faithfully representing it.
The easiest way out was to go back to the naked individual, to sweep away all associations as foreign to his nature and rights save as they proceeded from his own voluntary choice, and guaranteed his own private ends.