The money culture of bankers, stockbrokers, real estate entrepreneurs, media moguls, and their like goes hand in hand with the overseas adventures of imperialism, which together signify the end of the West. While empire in historical terms may have been politically stabilizing—the fall of the Hohenzollern and Habsburg empires gave us Hitler—the process of accumulating imperial possessions leads to decadence and decline, according to Spengler. This is because extreme concentrations of wealth in the cities can be a sign of extraordinary state power, which, in turn, tempts nations and states to
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