People, governments and economies of all nations must serve the needs of multinational banks and corporations.

More directly linked to the impact of technology, it involves the gradual appearance of a more controlled and directed society. Such a society would be dominated by an elite whose claim to political power would rest on allegedly superior scientific know-how. Unhindered by the restraints of traditional liberal values, this elite would not hesitate to achieve its political ends by using the latest modern techniques for influencing public behavior and keeping society under close surveillance and control.

The technotronic era involves the gradual appearance of a more controlled society. Such a society would be dominated by an elite, unrestrained by traditional values. Soon it will be possible to assert almost continuous surveillance over every citizen and maintain up-to-date complete files containing even the most personal information about the citizen. These files will be subject to instantaneous retrieval by the authorities.

The American people have to think hard about their definition of the meaning of the good life, that hedonistic, materialistic society of high levels of consumption, increasing social inequality is not a society that can be part of the solution of the world's problems.

The society will be dominated by an elite of persons free from traditional values who will have no doubt in fulfilling their objectives by means of purged techniques with which they will influence the behavior of people and will control and watch the society in all details. It will become possible to exert a practically permanent watch on each citizen of the world.

I cite these events because I think they underline two very disturbing phenomena - the loss of U.S. international credibility, the growing U.S. international isolation.

Soon it will be possible to assert almost continuous surveillance over every citizen and maintain up-to-date complete files containing even the most personal information about the citizen.