What is Pragmatic theory of truth? What is the basic assumption(s) of this theory?

The pragmatic theory of truth, primarily associated with American philosopher and psychologist William James and later developed by Charles Sanders Peirce and John Dewey, focuses on the practical consequences of beliefs and their impact on human experience. Unlike correspondence theories that emphasize the relationship between beliefs and objective reality, pragmatism asserts that the truth of a statement is determined by its practical consequences and usefulness in guiding action.

The basic assumption of the pragmatic theory of truth is rooted in the idea that the meaning and value of any belief or statement can only be understood within the context of its practical effects on our experiences and actions. In other words, truth is not an abstract, fixed entity detached from human experience; instead, it is a dynamic and evolving concept shaped by the consequences of belief.

Pragmatism challenges the notion of an absolute or objective truth and proposes that truth is a tool for solving problems, achieving goals, and adapting to our environment. The central tenet is that the validity of a belief is determined by its practical consequences and its ability to contribute positively to the pursuit of human interests and goals.

One key aspect of the pragmatic theory of truth is the idea of the "cash value" of beliefs. According to James, beliefs have value in terms of their impact on actions and experiences. A belief, to be considered true, must have practical consequences that can be observed or experienced. This emphasis on the empirical and practical aspects of truth distinguishes pragmatism from more abstract and metaphysical theories.

Another important assumption of pragmatism is its rejection of a fixed, eternal reality independent of human experience. Instead, truth is seen as a process, subject to change and evolution as our understanding of the world progresses through the continuous testing and adaptation of our beliefs in the face of experience.

In summary, the pragmatic theory of truth is grounded in the idea that the truth of a statement is determined by its practical consequences and usefulness in guiding human action. Its basic assumptions include the rejection of an absolute, objective reality, and an emphasis on the dynamic, evolving nature of truth as it is shaped by the consequences of beliefs in the context of human experience and problem-solving. Pragmatism places value on the instrumental role of truth in guiding actions and achieving human interests and goals.