Since the time of Tocqueville it has become a commonplace among students of America that business activism has provided an overwhelming counterpoise to reflection in this country. Tocqueville saw that the life of constant action and decision which was entailed by the democratic and businesslike character of American life put a premium upon rough and ready habits of mind, quick decision, and the prompt seizure of opportunities—and that all this activity was not propitious for deliberation, elaboration, or precision in thought.
