For the first time in its history, Western Civilization is in danger of being destroyed internally by a corrupt, criminal ruling cabal which is centered around the Rockefeller interests, which include elements from the Morgan, Brown, Rothschild, Du Pont, Harriman, Kuhn-Loeb, and other groupings as well. This junta took control of the political, financial, and cultural life of America in the first two decades of the twentieth century.

The backwardness of our religious and social developments is undoubtedly holding back the development of the intellectual and political levels.

When profits are pursued by geographic interchange of goods, so that commerce for profit becomes the central mechanism of the system, we usually call it "commercial capitalism." In such a system goods are conveyed from ares where they are more common (and therefore cheaper) to areas where they are less common (and therefore less cheap). This process leads to regional specialization and to division of labor, both in agricultural production and in handicrafts.

To this day the Arab influence is evident in southern Italy, northern Africa and, above all, in Spain.

Islam, the third in historical sequence of the ethical monotheistic religions of the Near East, was very successful in establishing its monotheism, but had only very moderate success in spreading its version of Jewish and Christian ethics to the Arabs.

The process by which civilization, as an abstract entity distinct from the societies in which it is embodied, dies or is reborn is a very significant one.

Inflation, especially a slow steady rise in prices, encourages producers, because it means that they can commit themselves to costs of production on one price level and then, later, offer the finished product for sale at a somewhat higher price level. This situation encourages production because it gives confidence of an almost certain profit margin.