This is the question posed by one of my favorite authors, Paul Johnson. "Modern Times," and "History of the American People" should be required reading to get out of High School - fat chance in the Union dominated public school system we have. Paul observes:
If we seriously wish to repair the damage, we need to accept that this is fundamentally a moral crisis, not a financial one. It is the product of the self-indulgence and complacency born of our ultraliberal societies, which have substituted such pseudo-religions as political correctness and saving the planet for genuine distinctions between right and wrong and the cultivation of real virtues.
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