The growth of financial capitalism made possible a centralization of world economic control and use of this power for the direct benefit of financiers and the indirect injury of all other economic groups.

One of the chief reasons for the widespread fear of the Huns rested on their ability to travel very long distances in relatively short periods. This ability may well have been based on their use of horseshoes.

Our political organization, based as it is on an eighteenth-century separation of powers and on a nineteenth-century nationalist state, is generally recognized to be semiobselete.

The argument that the two parties should represent opposed ideals and policies, one, perhaps, of the Right and the other of the Left, is a foolish idea acceptable only to doctrinaire and academic thinkers.

The social sciences are usually concerned with groups of persons rather than individual persons. The behavior of individuals, being free, is unpredictable.

The hope for the twentieth century rests on recognition that war and depression are man-made, and needless. They can be avoided in the future by turning from the nineteenth-century characteristics just mentioned (materialism, selfishness, false values, hypocrisy, and secret vices) and going back to other characteristics that our Western Society has always regarded as virtues: generosity, compassion, cooperation, rationality, and foresight, and finding a increased role in human life for love, spirituality, charity, and self discipline.

On this basis, which was originally financial and goes back to George Peabody, there grew up in the twentieth century a power structure between London and New York which penetrated deeply into university life, the press, and the practice of foreign policy.