Oh the spirituality is still there. But it is more rare to come by now of days, and I think that is because of the general media programming.
Also, a lot of people look to something like magick at a young age to escape their own reality (and make one of their own). By doing so, they take away the spiritual side and live in their imagination - which is not entirely bad, but not entirely good either. When people realize that magick is a part of their reality, and is a truth for them, they start to see and explore the more spiritual side of their paths.
A while ago, somebody over simplified the general community of those who seek magick and why they do it. They gave 2 reasons:
At first I didn't think this was true, as I am generally opposed to over simplifications, but time and time again has this person's theory been proven right by my experience.
Unfortunately, at this point in time, and the evolution of our consciousnes's, we have reached a point where the number of people seeking power outweighs the number seeking knowledge.
It will pass with time. Stay optimistic :)