The Theory of Social Revolutions

Brooks Adams

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American historian Brooks Adams critised capitalism and sort to explain the development of commercialism, he theorised a predicta...

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American historian Brooks Adams critised capitalism and sort to explain the development of commercialism, he theorised a predictable rise and fall in commercial activities with the formation of commercial centres based on a need for such activities to be more easily practised. He also expounded upon the desire to increase individual wealth which leads to the discarding of spiritual values and an eventual and total break down of society as a result of greed.