Process Theory and the Concept of Substance

Since the failure of both pure corpuscular and pure wave philosophies of nature, process theories assume that only events need to exist in order to have a physics. Starting from an ontology of actual events, a dispositional analysis is shown here to lead to a new idea of substance, that of a `distribution of potentiality or propensity'. This begins to provide a useful foundation for quantum physics. A model is presented to show how the existence of physical substances could be a reasonable consequence of a theory of processes.
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