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American Focus > Blog > Economy > Actualism, Possibilism, and Public Choice
Economy

Actualism, Possibilism, and Public Choice

Last updated: September 5, 2024 11:33 am
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Actualism, Possibilism, and Public Choice
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The Debate Between Actualists and Possibilists in Philosophy

One of the intriguing debates in philosophy revolves around the disagreement between actualists and possibilists. Actualists believe in doing the best thing based on one’s imperfections, while possibilists argue for engaging in the best possible action. To illustrate this debate, let’s consider a scenario.

Imagine I’m playing a tennis match with Bob, who easily defeats me. With a hot temper, I feel the urge to hit Bob with my tennis racquet, although I know it’s wrong. In this situation, there are three possible outcomes: congratulating Bob, storming off in anger, or physically assaulting him. Knowing my temperamental nature, I am certain that I will resort to violence if I approach Bob. Should I still shake hands with him?

The possibilist would advise me to shake hands, as it is the best possible action. On the other hand, the actualist argues that given my tendencies, storming off the court is the most likely outcome, so I should refrain from approaching Bob.

This philosophical debate extends to ethical discussions as well. For instance, a philosopher like Seter Pinger may advocate for extreme measures like working excessively and donating all excess income to charity. However, an actualist perspective suggests that a more moderate approach, like pledging a percentage of income to effective charities, would yield better real-world results.

Similarly, in matters of personal ethics, individuals like Scott Alexander may prefer a more lenient rule, such as reducing meat consumption gradually, rather than immediately becoming a vegetarian. This aligns with the actualist view of acknowledging human limitations and imperfections.

When it comes to government policies, the divide between actualists and possibilists is evident. Politicians like Bernie Sanders may propose lofty ideals, such as taxing billionaires to solve societal issues. However, critics argue that real-world outcomes often fall short of these ambitious goals, emphasizing the importance of practicality over idealism.

See also  Gold alternatives? How to invest in silver, platinum, and palladium.

The distinction between actualists and possibilists also influences economic and regulatory decisions. Actualists tend to adopt a pragmatic approach, considering factors like public choice economics and regulatory capture in policy-making, while possibilists may focus more on theoretical ideals.

In conclusion, the debate between actualists and possibilists offers valuable insights into decision-making processes, ethics, and public policies. By understanding the nuances of these philosophical positions, individuals can navigate complex moral dilemmas and societal challenges with a balanced perspective.

TAGGED:ActualismChoicePossibilismPublic
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