Thread by @EaldWeald

Spengler emphasized the conflict between the English and German worldviews, the final showdown between Capitalism and "Prussian Socialism" - of course he thought latter would win

Had an interesting take on Marxism: "capitalism for the working man" -- an Anglo Trojan Horse

But Marxism became the outward philosophy of Socialism everywhere in the 20th cent.,

And while the "Prussian Socialist" model of the managerial state came to be adopted everywhere, either nominally Capitalist or Socialist,

Ideal of "ethical Socialism" did not appear anywhere

Perhaps it was not foreseen how useful the "Prussian" model would be to the Anglo world in managing the ongoing crises of their own economic system, and also underestimated was the corrosive effect on ethics that the two World Wars would have on the West as a whole

The Anglo-American system found the German managerial model very useful in limiting the extreme volatility of their own system

Though crash of 1929 comes to mind, there were predecessors (e.g. panic of 1907 when the market was only saved by a timely loan from JP Morgan himself)

America has always had trouble choosing between the Anglo and German mindsets anyway, since the early 19th century, for obvious ethnic reasons, as well as others (diplomatic, ties between Elites, etc). And its dev. in 19th cent. paralleled the German, but hesitantly