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If present-day world misery demonstrates anything at all, it demonstrates the failure of the materialistic outlook, the futility of expecting peace and prosperity from purely material sources, the danger of ignoring the stubborn fact that personal character counts most in the making of a people's happiness. The old way of sheer materialism has been tried and found to end in a dangerous morass. The new way of a nobler life and deeper faith does not look so tempting. Yet other way there is not except to sink in a still deeper morass.

-- Notebooks Category 11: The Negatives > Chapter 3 : Their Presence in The World > # 421