and into the world of action.

It will come into action because of the REALITY in the thought.

Men who only watch, will not understand this.

The indifferent have never made history, they have never even UNDERSTOOD any history.

Men who merely sit back and watch are never going to understand action, they will never understand any action whatever.

BECAUSE OF THIS, MEN UNDERSTAND NOTHING.

Since the time of Tiberius Caesar people had been talking about draining the swamps.

BUT the material works of the Regime, the fascist regime in Italy are not isolated; they are not even the main facts of fascism.

They are the outward and visible sign, and serve only to display the reality to those who do NOT understand it.

You can see new cities, you can see Rome cleared of Rubbish, you can count the increase of the wheat crop, and still not understand it.

Something INSIDE made it happen, some seed of revolution.

Put a magnet under a glass plate covered with iron filings and steel dust, something happens.

To achieve the good of the people in emergency

To do the will of the people, before the people can think it
out

is this tyranny ?

do you dare to call it a tyranny ?

It is very hard to tell why it takes 20 years to get an
idea from Europe into America.

For 25 years I have been
fighting that time-lag, and I do not yet understand it.

Something happens in Europe, in literature, in sculpture, in
painting, and it takes 10, 25, 50 years to get it across the
Atlantic.

During the past three decades there have been three great economic inventions.

When ideas are really TRUE they go into ACTION.

Intellectuals do not have ideas, they merely get the spare
parts of ideas.

Sometimes they are good parts, but they
no more compose an IDEA than a carburetter and bits of the

gear shift can make an automobile.

People who are afraid of ideas do NOT understand this.

On Oct. 6 at about 4.14 P.M. Mussolini went out into the Piazza in Milan and buried Scarcity Economics.

That is to say he burried a whole mass of dead supersitions, paralyzed thoughts left over from a time when people simply could not make and grow all that they needed. When they hadn't even a chance to make and grow all that they needed.

C.H.
Douglas and a few other economists had been chipping off bits of unproven superstitious stuff from these superstitions for 15 or 20 years, but Mussolini took out the whole lot and BURIED IT.

That doesn't mean that he abolished poverty, but he definitely ordered the intelligentzia to get on with the job of DISTRIBUTION.

At no point does that Milan speech contradict any part of the best economic thought of our time.

Every other country (either has) a chaos or a declared policy in flat contradiction to things we economists KNOW.