Country Quote by Oswald Spengler
“When the Englishman speaks of national wealth he means the number of millionaires in the country.”
About This Quote
Source Book: The Decline of the West, Volume 2, 1919
He defines national wealth by the count of wealthy individuals rather than broader economic health
In simple terms: Wealth measured by rich people count
Key Takeaway
Consider broader economic indicators
Themes
economics
wealth
national policy
Mood
critical
analytical
Type
sociopolitical
economic
When to use this quote
- policy making
- investment decisions
- social analysis
Key Concepts
Capitalism
income distribution
Questions to Reflect On
- How does this view affect policy?
- What other measures matter?
A Different Perspective
Ignores overall prosperity and inequality
![“That country [Carthage] was rapidly sinking into the state of barbarism from whence it had been raised by the Phoenician colonies and Roman laws; and every step of intestine discord was marked by some deplorable victory of savage man over civilized society.” quote by Edward Gibbon](https://sms4smile.com/quotes/img-quotes/70c/edward-gibbon-710_barbarism_that-country-carthage-was-rapidly-sinkin_393.jpg)
