atyy said:
It seems we could simply take
causal perturbation theory truncated at the 137th term, as the definition of the full quantum theory for that purpose? It would be non-relativistic (by my definition), but that would be fine.
No, this would merely give a 'best approximation' to the full theory; these 'best approximations' can be relatively easily improved upon if one employs more sophisticated techniques from asymptotic analysis. This works in essentially the same sense of being able to achieve a nice statistical curve fit to some dataset ('nice' purely because the regression method is conventional) which from a mathematical viewpoint is actually hopelessly underfit, or worse, not even wrong.
To any experimentally-oriented physicist the whole argument that '
such an approximation should be taken as true, because in practice an ##\alpha^{-1} \approx 137## will never be probed by experiment since it would require resources larger than the whole universe' sounds very convincing and therefore is quite tempting. Unfortunately the argument is not only unscientific for trying to censor what can be determined experimentally, but actually self-defeating as well by conflating what might be true in practice for what must be true in principle, i.e. mistakes contingency for necessity.
I have said this before and I will say it again:
an approximation is de facto not the same thing as the unapproximated thing; equivocating these two distinct things based on the indistinguishability at some level of precision between the two is just logically inconsistent reasoning. Some may say that this as an awefully harsh viewpoint to take, but it is merely remaining sober without resorting to exaggeration; more importantly, accepting the facts as they are seems to directly illuminate the right path forward.
Making the acknowledgment almost forces us into a position to make some analogy which tells us that
the two can only become equivalent in some specific limit, based on our experience, familiarity and intuition of having dealt with similar problems before. As the history of mathematics and mathematical physics has shown countless times, if such a limit exists and is unique, actually finding it will revolutionize both physics - by suggesting experiments currently undreamed of - as well as revitalizing old withering branches of mathematics by bestowing upon them new fruits; it should go without saying that this is far too much to give up for essentially a 20th century version of epicycles.