“The imperialist-minded businessman, whom the stars annoyed because he could not annex them, realized that power organized for its own sake would beget more power. When the accumulation of capital had reached its natural, national limits, the bourgeoisie understood that only with an “expansion is everything” ideology, and only with a corresponding power-accumulating process, would it be possible to set the old motor into motion again. At the same moment, however, when it seemed as though the true principle of perpetual motion had been discovered, the specifically optimistic mood of the progress ideology was shaken. Not that anybody began to doubt the irresistibility of the process itself, but many people began to see what had frightened Cecil Rhodes: that the human condition and the limitations of the globe were a serious obstacle to a process that was unable to stop and to stabilize, and could therefore only begin a series of destructive catastrophes once it had reached its limits.
“In the imperialistic epoch a philosophy of power became the philosophy of the elite, who quickly discovered and were quite ready to admit that the thirst for power could be quenched only through destruction. This was the essential cause of their nihilism (especially conspicuous in France at the turn, and in Germany in the twenties, of [the last] century) which replaced the superstition of progress with the equally vulgar superstition of doom, and preached automatic annihilation with the same enthusiasm that the fanatics of automatic progress had preached the irresistibility of economic laws.”
— Hannah Arendt, The Origins of Totalitarianism
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