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If a culture, a group, a nation, a values are being destroyed through materialism, this is of little concern to people because it bears no relation to the next luxury which they are going to be able to afford next. Having children to preserve all of this is also irrelevant to them because that is something that is considered in terms of costs.
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Thats the result of Individualisation and Hedomatism (Hedonistic Materialism) rather than sheer Materialism (!).
I spoke on various occasions about individual and collective rationality - finally their individual longer term interests won't meet the currenct developments and system neither, the problem with those people is that they lack a longer term perspective and miss the big picture. So its their short sighted and manipulated pseudo-individualistic view on things which brought up such results, not the absense of spirituality alone.
F.e. Communists were materialists too, but looked at things in a very different way than those youngsters. I dont say "political materialism in society" is good, I just dont accept arguments for real policy other than rational, which means backed by facts or at least probabilities, policies. If some people need a standard religion with superficial myths produced for the masses for being political idealists, they are retarded and lack some basic qualification for any higher position in society and of course, if I speak about negative personality traits, to dont think about longer term consequences going beyond oneself and having no political idealism in life at all, not even "a small fire", not even the potential for developing it if the environmental influences would be very different, we are speaking of negative personality variants.
That can be as bad as someone who lacks intelligence or even worse, because you have a unscrupulous intelligent sociopath then working against those which have more values than Hedomatism and power alone. This is a job for education, social and Eugenic measures as are many things in this human world...