Yes, but it is so much more than that.Of course it is a huge and complex book that is not easily summarized. But, it begins in England, with Cecil Rhodes and it gets up to WW2 and the book claims that the second world war took out the power structure--Churchill was the antithesis of Cecil Rhodes and Churchill took them all down as their policies were appeasement policies--Versailles Treaty, German re-armament etc. There are a lot of odd factoids in the book--Germans were able to pay off their debt to France by coal mined in Alsace, valued during the height of German inflation. The definitive history of WWI has yet to be written. As for the American end of the book--bluebloods and commercial banks running the show. Quigley's stance on it all is a bit more peculiar and one I have never been entirely comfortable with......