In the book Or Israel [Light of Israel אור ישראל] by Isaac Blazer he brings the idea that just knowing the essentials of Musar is not enough. One should spend much time and effort to come to fear of God. While this is certainly true, I think the religious that emphasize rituals think that they have fear of God. I think the emphasis on rituals is what replaces authentic fear of God.
So what can lead to Fear Of God? On one hand Rav Israel Salanter was right in emphasizing the actual sitting down and learning the basic books of Musar, I would suggest that Physics also adds to this. You do not see this in the Mishna Torah of the Rambam openly, but in the Guide you see that when he emphasizes learning Physics and Metaphysics he associated Physics with Fear of God, and Metaphysics with Love of God. {In one place only.}
At any rate, I have two points to make here. One is that fear of God and good character which are the goals of Musar are in fact very important. On the other hand the religious world is the exact opposite of fear of God. The emphasis on rituals and the worship of dead people has nothing to do with authentic fear of God.
But I must make distinction. There are great Litvak yeshivot which learn Torah for its own sake. This is praiseworthy. There are also dens of thieves that the Gra signed his name against- since he saw their root and essence.