“If by "democracy" we mean the form which the Third Estate as such wishes to impart to public life as a whole, it must be concluded that democracy and plutocracy are the same thing under the two aspects of wish and actuality, theory and practice, knowing and doing. It is the tragic comedy of the world‑ improvers' and freedom‑ teachers' desperate fight against money that they are ipso facto assisting money to be effective. Respect for the big number—expressed in the principles of equality for all, natural rights, and universal suffrage—is just as much a class‑ ideal of the unclassed as freedom of public opinion (and more particularly freedom of the press) is so. These are ideals, but in actuality the freedom of public opinion involves the preparation of public opinion, which costs money; and the freedom of the press brings with it the question of possession of the press, which again is a matter of money; and with the franchise comes electioneering, in which he who pays the piper calls the tune. The representatives of the ideas look at one side only, while the representatives of money operate with the other. The concepts of Liberalism and Socialism are set in effective motion only by money. … There is no proletarian, not even a Communist movement, that has not operated in the interests of money, and for the time being permitted by money—and that without the idealists among its leaders having the slightest suspicion of the fact.”

Source: Vol. II, Alfred A. Knopf, 1928, pp. 401–02 https://archive.org/details/in.ernet.dli.2015.49906/page/n893/mode/2up
Der Untergang des Abendlandes, Welthistorische Perspektiven (1922)
The Decline of the West (1918, 1923)

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Oswald Spengler 23
German historian and philosopher 1880–1936

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