Return to Order by John Horvat II outlines a main linchpin of our modern way of living:
A Frenetic Nature
To understand this unrestrained undercurrent fully, we must highlight its frenetic nature. We are not speaking about mere intemperance that leads to the simple greed or ambition that has always plagued man throughout history. We also must not mistake frenetic intemperance for the legitimate and energetic practice of business and its risk-taking that leads to true prosperity.
Rather, frenetic intemperance is an explosive expansion of human desires beyond traditional and moral bounds. Its frenetic nature leads those of this undercurrent to resent the very idea of restraint and scorn the spiritual, religious, moral, and cultural values that normally serve to order and temper economic activity. Financial writer Edward Chancellor aptly observes an “anarchic, irreverent, and antihierarchic” spirit whose essence is not simply about greed but “a Utopian yearning for freedom and equality which counterbalances the drab rationalistic materialism of the modern economic system.”
To the degree that frenetic intemperance prevails, its self-destructive character will eventually destroy free markets and moral values. We might say of this unrestrained current what Marshall Berman harshly attributes to an innate dynamism in modern economy which, were it allowed to run completely free, would annihilate “everything that it creates—physical environments, social institutions, metaphysical ideas, artistic visions, moral values—in order to create more, to go on endlessly creating the world anew.”