Meaning: Herbert Croly, an American political thinker and co-founder of the magazine The New Republic, was an influential figure in the progressive movement of the early 20th century. The quote you have provided reflects Croly's views on the American political system and its potential for progress and reform.

In the quote, Croly discusses the combination of Federalism and Republicanism as the substance of the American political system. Federalism refers to the division of power between a central authority and individual states, while Republicanism pertains to the principles of representative government and the protection of individual rights. Croly suggests that while this combination did not constitute a progressive and formative political principle in itself, it did point in the direction of a constructive formula.

Croly's assertion about Federalism and Republicanism not constituting a progressive and formative political principle may seem surprising at first, especially given the foundational role these concepts play in the American political system. However, it is important to understand his perspective in the context of the progressive movement of his time. Croly was a proponent of a more active and interventionist government that would address social and economic inequalities, promote the general welfare, and ensure the common good.

From Croly's viewpoint, Federalism and Republicanism, while essential, were not inherently oriented towards the kind of transformative change he believed was necessary. Instead, he saw them as pointing in the direction of a constructive formula, suggesting that they provided a framework within which more progressive policies and reforms could be pursued. This perspective aligns with Croly's broader advocacy for a strong, centralized government capable of addressing the social and economic challenges of the modern industrial age.

Croly's ideas were influential in shaping the progressive movement and contributed to the development of the modern welfare state in the United States. His book "The Promise of American Life" (1909) articulated his vision for a more active government that would counteract the negative effects of industrialization and promote social justice. In this work, Croly argued that America's political and economic institutions needed to be reformed to ensure that the benefits of progress were shared equitably among all citizens.

In the context of the quote you provided, it is evident that Croly viewed the American political system as having the potential for progress and reform, despite its limitations. He recognized the foundational principles of Federalism and Republicanism as important elements of the system but also emphasized the need for a more constructive and forward-looking approach to governance.

Croly's ideas continue to be relevant today, as debates about the role of government, the balance between federal and state authority, and the pursuit of social and economic justice persist. His perspective challenges us to consider how the principles of Federalism and Republicanism can be harnessed to address contemporary issues and advance the well-being of society as a whole.

In conclusion, Herbert Croly's quote captures his nuanced understanding of the American political system and its potential for progress and reform. While recognizing the foundational importance of Federalism and Republicanism, he also emphasized the need for a more constructive and forward-looking approach to governance. His ideas have left a lasting impact on American political thought and continue to inspire discussions about the role of government and the pursuit of the common good.