yeah, no.

"Moreover, our contemporaries are convinced that it is economic

conditions that dictate historical events almost exclusively, and

they even imagine that this has always been the case; a theory has even been invented according to which everything is explainable in

terms of economic factors alone, and it bears the significant name

of “historical materialism.” Here also may be seen the effect of one

of those processes of suggestion to which we have already referred,

the power of which is all the greater in that they correspond with

the tendencies of the general mentality; and the result in this case

is that economic factors have really come to decide almost everything

that occurs in the social sphere. It is doubtless true that the

masses have always been led in one way or another, and it could be

said that their part in history consists primarily in allowing themselves

to be led, since they represent a predominantly passive element,

a materia in the Aristotelian sense of the word; but in order to

lead them today it is sufficient to possess oneself of purely material

means, taking the word matter this time in its ordinary sense, and

this clearly shows to what depths the present age has sunk; and at

the same time these same masses are made to believe that they are

not being led, but that they are acting spontaneously and governing

themselves, and the fact that they believe this to be true gives an

idea of the extent of their unintelligence.

As economic factors have been mentioned, we will take the

opportunity to draw attention to an all too common illusion on the

subject, which consists in imagining that relations established in the

field of trade can serve to draw people closer together and bring

about an understanding between them, whereas in reality the effect

is just the contrary. Matter, as we have often pointed out, partakes

essentially of the nature of multiplicity and division, and is therefore

a source of struggle and conflict; similarly, whether it be a case of

peoples or of individuals, the economic sphere remains and cannot

but remain one of a rivalry of interests. In particular the West cannot

count upon industry, any more than upon modern science

which is inseparable from it, to supply a basis for an understanding

with the East; if Orientals get to the point of accepting this industry

as a troublesome, though transitory, necessity—and for them it

could hardly amount to more than that—it will only be as a weapon

enabling them to resist the invasion of the West and to safeguard

their own existence. It is important to understand that things could

not well be otherwise: those Orientals who resign themselves to the

prospect of economic competition with the West, in spite of the

repugnance they feel for this kind of activity, can only do so with

one purpose in mind, namely to rid themselves of a foreign domination based on brute force, on the material power, that is to say,

which industry places at its disposal; violence calls forth violence,

but it should be recognized that it is not the Orientals who have

solicited conflict in this field."

http://worldwisdom.com/public/viewpdf/default.aspx?article-title=A_Material_Civilization_by_Rene_Guenon.pdf

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