F. Scott Fitzgerald - Babylon Revisited (1931)
Yet dissipation is what we do, what we must do to live in the modern world. We must make nothing out of something because that something has to be supplied again if money is to circulate. In this important sense our whole lives; our entire world is one of dissipation.
In spite the sleazy aura of drugs and corruption the Olympics circus must go on, dissipating human excellence, enthusiasm and patriotism into the pockets of those who pull the strings. Rio 2016 will be followed by Tokyo 2020 because money must flow and the dissipation must continue.
Even mundane activities such as recycling are often forms of dissipation. A waste of time achieving almost nothing beyond middle class virtue-signalling. Perhaps that is an important point, because in its wider sense, modern dissipation is essentially the dissipation of time. Money too, but money also dissipates time in an endless cycle of waste - or an endless cycle of living - or an endless cycle of lifestyles. It's a matter of perspective.
It seems that if we are to live modern lives then we must at the same time dissipate our lives in order to carry the torch of modernity, in order to make nothing out of something.