Over the years I’ve gone back and forth in terms of how to think of Peirce’s 
conception of truth. I’m here speaking of the notion of truth and less the 
historical question of what Peirce believe at which times. What brought this 
about was our discussion off and on over the past few months of Peirce’s modal 
realism starting in the late 1890’s. Prior to that time while he recognized the 
need to switch to counterfactual discussions in say the Pragmatic Maxim he 
didn’t fully embrace modal realism until quite late.

The question is what his modal realism does for his conception of truth as what 
inquiry would lead to in the long run with an idealized community.

Way back years ago when I was much more of a novice in Peirce my gut tended to 
read this “in the long run” as something actual. Then over time (primarily due 
to arguments made here) I switched over to just thinking of it as a regulative 
notion. That is we can talk about what we mean by truth but there’s not some 
actual truth that grounds our statements as true. This is the way I suspect the 
majority of Peirceans think about it. However with modal realism, if continued 
inquiry and continuity are possible, they are real as possible. This means that 
this “in the long” run of the universe acting has as a real possibility this 
‘end.’ It might not be actual but it is real. (In a way analogous to how Peirce 
treats God)

Does this seem about right? 

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