Literature and the Arts

What were the beliefs of Brooks Adams?

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His theory that civilization rose and fell according to the growth and decline of commerce was first developed in The Law of Civilization and Decay (1895). Adams applied it to his own capitalistic age, of which he was a militant critic, but failed to find the universal law that he persistently sought... In America's Economic Supremacy (1900), Brooks said that Western Europe had already begun to decline and that Russia and the United States were the only potential great powers left.

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