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I think a case could be made (although I'm struggling to do so myself) that the growth of mercantilism, and then capitalism, could be understood as direct challenges to Abrahamic-religion-based ethics, especially as capitalism directly discourages altruism.

I think this is a thesis I need to do some work on to either reject it or let it mature, but I think this is an interesting starting place. It is worth noting that the early Christians frequently practiced collectivism and rejected the concept of individual property rights, although that was ~2000 years ago, the faith has evolved sine then.

All of this to say, I do not believe its that secular ethics per se are the cause of the decay, but rather that the religions of the world have not made a compelling enough case to sway people away from rejecting altruism in the name of personal enrichment. The situation is made considerably worse by the fact that a fair number of the global religions see the spoils of personal enrichment as evidence of righteousness, and altruism as at least adjacent to sin.



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