<P>F. Thomas Burke believes that pragmatism, especially as it has been employed in politics and social action, needs a reassessment. He examines the philosophies of William James and Charles S. Peirce to determine how certain maxims of pragmatism originated. Burke contrasts pragmatism as a certain set of beliefs or actions with pragmatism as simply a methodology. He unravels the complex history of this philosophical tradition and discusses contemporary conceptions of pragmatism found in current US political discourse and explains what this quintessentially American philosophy means today.</P>