  The Logical-Atomist reading of the Dream Theory undercuts the propositional/objectual distinction. On this reading, the Dream Theory claims that simple, private objects of experience are the elements of the proposition; thus, the Dream Theory is both a theory about the structure of propositions and a theory about simple and complex objects. It claims in effect that a proposition’s structure is that of a complex object made up out of simple objects, where these simple objects are conceived in the Russellian manner as objects of inner perception or acquaintance, and the complexes which they compose are conceived in the phenomenalist manner as (epistemological and/ or semantic) constructs out of those simple objects.