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" "In the long run men inevitably become the victims of their wealth. They adapt their lives and habits to their money, not their money to their lives. It pre-occupies their thoughts, creates artificial needs, and draws a curtain between them and the world.
Herbert David Croly (January 23, 1869 – May 17, 1930) was an intellectual leader of the progressive movement as an editor, political philosopher and a co-founder of the magazine The New Republic in early twentieth-century America. His political philosophy influenced many leading progressives including Theodore Roosevelt, Adolph Berle, as well as his close friends Judge Learned Hand and Supreme Court Justice Felix Frankfurter.
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At the beginning of this discussion popular Sovereignty was declared to be the essential condition of democracy; and a general account of the nature of a constructive democratic ideal can best be brought to a close by a definition of the meaning of the phrase, popular Sovereignty, consistent with a nationalist interpretation of democracy.
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The best that can be said on behalf of this traditional American system of political ideas is that it contained the germ of better things. The combination of Federalism and Republicanism which formed the substance of the system, did not constitute a progressive and formative political principle, but it pointed in the direction of a constructive formula.