On pragmatic principles we can not reject any
hypothesis if consequences useful to life flow from
it.(64)
Similarly, one of the meanings of arthakriyaa is
"useful action" (while a related term,
arthakriyaakaarin, means "capable of useful
action"). In both the Jamesian and the Buddhist
contexts, the consequences of ideas can be borne out
in two spheres of meaning and action. One is that of
ordinary life, wherein concepts serve the attainment
of the practical necessities of daily living. The
other is the higher life of humankind, wherein
concepts support the pursuit of moral and spiritual
aims and aspirations.
James rejects concepts as a way to approach
truth, but he acknowledges their usefulness in daily
life: "The function of intellect is practical rather
than theoretical."(65) The usefulness of any given
concept is measured by its consequences, and this
usefulness is coordinate with its validity or truth:
They [concepts] have, indeed, no meaning and no
reality if they have no use. But if they have any
use they have that amount of meaning.(66)
P.238
This understanding of truth is consistent with his
stance of subject-object nonduality, because
usefulness is always dependent upon a specific point
of view or purpose:
Truth is a relation inside of the sum total,
obtaining between thoughts and something else, and
thoughts, as we have seen, can only be contextual
things.(67)
At the same time, James' pragmatism retains its