This article analyzes institutional decline and the crisis of social consciousness as the main causes of the decline of modern societies. Based on the ideas of extractive and inclusive institutions put forward by Daron Acemoglu and James Robinson, factors such as the crisis of trust between the state and society, the fragmentation of values, and civic passivity are studied from a philosophical perspective. The moral, cultural, and spiritual roots of the crisis of social consciousness are also revealed. According to the results of the study, institutional decline is directly related not only to political and economic, but also to socio-philosophical factors.

institutional decline, social consciousness, crisis of values, extractive institutions, philosophy of development.

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