He compares the meaning of words to the value of currency. Words that fall out of use can no longer be used meaningfully in conversation just like coins belonging to a currency no longer in use. This comparison underscores a point that he credits to Putnam: that we are able to use language meaningfully in part because we belong to a community of language users, including those who, perhaps unlike us, know how to apply the terms correctly. For example, says Noe, he can speak meaningfully about the difference between two kinds of trees (elms vs. oaks) even though he himself cannot distinguish one from the other.
This is a nice way to try to avoid being cornered re the irreality of the self if you're a reductionist, for you can assert that a pattern obtains at the microscopic level that is not all that unlike the pattern found at the societal level. No need for the one self that does it all: instead, you have many sub-selfs that compete for dominance or take turns guiding the whole. The problem with this is, however, that the voters/officials are all zombies. None of them thinks about the whole as such. And perhaps none of them thinks even about themselves (unless one is a panzoist). None of them makes a comparison of alternatives. The more this proposed democracy seems like a zombocracy, the more consciousness will be seem to be epiphenomenal. Furthermore, if the oneness of the self is less real than the multiplicity of explanatory neural parts, then why can't each of these neural parts be conceived of as democracy as well? And why not parts of these parts, et...
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