Curiously enough, it seems that at times the spiritual side prevails, and then the materialistic side—in wave-like motions following each other. ...At one time the full flood of materialistic ideas prevails, and everything in this life—prosperity, the education which procures more pleasures, more food—will become glorious at first and then that will degrade and degenerate. Along with the prosperity will rise to white heat all the inborn jealousies and hatreds of the human race. Competition and merciless cruelty will be the watchword of the day. To quote a very commonplace and not very elegant English proverb, "Everyone for himself, and the devil take the hindmost", becomes the motto of the day. Then people think that the whole scheme of life is a failure. And the world would be destroyed had not spirituality come to the rescue and lent a helping hand to the sinking world. Then the world gets new hope and finds a new basis for a new building, and another wave of spirituality comes, which in time again declines. As a rule, spirituality brings a class of men who lay exclusive claim to the special powers of the world. The immediate effect of this is a reaction towards materialism, which opens the door to scores of exclusive claims, until the time comes when not only all the spiritual powers of the race, but all its material powers and privileges are centered in the hands of a very few; and these few, standing on the necks of the masses of the people, want to rule them. Then society has to help itself, and materialism comes to the rescue.

— Swami Vivekananda

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