Reality or Tattva is an abstract noun formed by adding the inflection –ness to the demonstrative ‘that’ which we use to point out to something. So that-ness means something that is capable of being referred to as a that or in other words something that has a certain character or svabhava. Nagarjuna believes that svabhava is really a prajnapti sat or merely a conventional existent like say a chariot, the chariot is neither in the parts nor a whole apart from the parts nor a configuration of the parts, it is merely a name. Depending on certain factors or collocations something is conferred with a name and mind takes it to be an independent existing reality. So there are then two ways to refer to reality, one from an ordinary standpoint where the name has a practical significance in worldly transactions. The sage does not upset conventional truths. Another standpoint is the transcendental standpoint where reality is referred to as essentially ni-svabhava, taking it to have a svabhav...
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