Please define what the author means by "civilizational morale"?
My understanding of what the author meant by "civilizational morale" is that particular culture's will to survive.
Europe seems to have lost the vitality and energy needed to pass their heritage on to the next generation.
Old Europe is in the midst of a potentially devastating spiritual crisis. Nihilism and hedonism may bring some temporary happiness to the body, but in the long run they destroy the soul, and the consequences for society can be severe.