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.
Carroll QuigleyInflation, 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.
Carroll QuigleyThe basis of social relationships is reciprocity: if you cooperate with others, others will cooperate with you.
Carroll QuigleyA community is made up of intimate relationships among diversified types of individuals--a kinship group, a local group, a neighborhood, a village, a large family.
Carroll QuigleyNo slave system has ever been able to continue to function on the slaves provided by its own biological reproduction because the rate of human reproduction is too slow and the expense from infant mortality and years of unproductive upkeep of the young make this prohibitively expensive. This relationship is one of the basic causes of the American Civil War, and was even more significant in destroying ancient Rome.
Carroll Quigley