"Empire was the equivalent of a modern-day sports team... The military aristocracy loved to play, and the people loved to watch. Schumpeter hated this. And he thought that it was on the way out—that as people became richer and more prosperous, the burgeois virtues would win, and the drive for empire would die. Schumpeter expected the con to end, and a peaceful, less aristocratic, less imperial, less bloodthirsty twentieth century. He was wrong."
Joseph Schumpeter

January 1, 1970