I enjoyed our post yesterday, How stories confer value upon material things.
It seems to me that stories confer value, or at least meaning, generally. Not just to objects. The brain is a creative machine, as Eric Kandel says. We indeed live in stories: stories about ourselves, our families, books, movies, songs, legends.
My work is all about stories. I rarely worry about objective truth during my workday unless I am concerned about being lied to. My concern is with psychic themes and subtexts.
In my non-work life, I care a lot about truth and rebel against self-serving "narratives" presented to me in advertising, by politicians, or anywhere else. As a shrink, I have a pretty good BS Detector.
In my field of study, work, and interest, the wonderful Roy Schafer made a major contribution to the field by highlighting the analytic attitude towards the patient's story. He noticed that the life story, and the day's story, changes as maturity and insight develop. Donald Spence's Narrative Truth And Historical Truth condenses many of these themes.
Politicians, activists, and the like have learned the power of narrative from the Psychoanalysts and the authors, and bent its power to the dark side. Propaganda no longer has simple big lies. Now it has whole stories which appeal to emotion for self-serving purposes, usually money, and/or power over others.
Propaganda, whether commercial or political, now appears as manufactured story-lines. "Truthiness," and all of that. Mark Twain: "A lie can travel halfway round the world while the truth is putting on its shoes."
The solipsistic fallacy is that there is no truth, just psychological truth. While that is often the Psychoanalytic approach to the soul and mind of a patient, when applied to the real world it becomes insane, and possibly dangerous.