There is another side to this stalwart individualism that also deserves consideration. Great things have been done in its name, no doubt, and it will always have its place in any reasoned scheme of thinking. Individual initiative and energy are absolutely indispensable to the successful conduct of any enterprise, and there is ample ground for fearing the tyranny and ineptitude of governments. … but on other pages of the doom book other entries must be made. In the minds of most people who shout for individualism vociferously, the creed, stripped of all its flashy rhetoric, means getting money, simply that and nothing more. And to this creed may be laid most of the shame that has cursed our cities and most of the scandals that have smirched our Federal Government.
Charles A. Beard, The Myth of Rugged American Individualism (1932), §4; reprinted from Harper's Magazine, December 1931, pp.13–22.