Although from the egoistic perspective the moral is identified with the practical, both must be sharply distinguished from the pragmatic. Pragmatism is the policy that treats every new situation as an isolated case, regarded in a concrete-bound fashion, without reference to any abstract principles. Yet principles are needed in order to grasp reality effectively—to recognize cause-and-effect connections, and in particular to foresee the long-run effects of one's actions. Because it overlooks these causal connections, pragmatism is ultimately impractical. Pragmatists imagine themselves to be practical but are ultimately defeated by their narrow focus, which blinds them to broader reality. Moreover, their unprincipled conduct is soon recognized by others—so that the pragmatic businessperson is unable to negotiate contracts effectively, while the pragmatic politician receives support only from equally shortsighted voters.
For further insight into the pragmatist's behavior, click on the yellow rectangle.     

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