“ The doctrine of interest rightly understood is not, then, new, but amongst the Americans of our time it finds universal acceptance: it has become popular there; you may trace it at the bottom of all their actions, you will remark it in all they say. ”
Alexis de Tocqueville, Democracy in America (1840). copy citation
| Author | Alexis de Tocqueville |
|---|---|
| Source | Democracy in America |
| Topic | interest America morals |
| Date | 1840 |
| Language | English |
| Reference | |
| Note | Translated by Henry Reeve |
| Weblink | http://www.gutenberg.org/files/816/816-h/816-h.htm |
Context
“Montaigne said long ago: "Were I not to follow the straight road for its straightness, I should follow it for having found by experience that in the end it is commonly the happiest and most useful track." The doctrine of interest rightly understood is not, then, new, but amongst the Americans of our time it finds universal acceptance: it has become popular there; you may trace it at the bottom of all their actions, you will remark it in all they say. It is as often to be met with on the lips of the poor man as of the rich. In Europe the principle of interest is much grosser than it is in America, but at the same time it is less common, and especially it is less avowed; amongst us, men still constantly feign great abnegation which they no longer feel.”
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Meaning and analysis
