This book would've been more groundbreaking if it were read in 1934 as opposed to 2024, nevertheless much of this work falls into the category of "intuitively obvious" to anyone remotely familiar with the illiberal or anti-Marxian tradition of political theory. Pound's writing style is jovial, carefree, and indifferent to the social sensibilities of his predominantly Anglo-American audience; he will directly accost certain beliefs in order to emphasize the difference between the American liberalism of Thomas Jefferson, and that of Fordist-based party mendacity. Mussolini's project of "restoration" failed abysmally, and as the postscript alludes to, any potentiality he had towards modernizing Italy while accentuating its historical genius fell into nothing but pandering to the Roman aristocracy and trying to play gentle with a resentful Catholic Church. As a piece of history, this book is an excellent insight to Pound's way of thinking and the subtlety of his deeper ideological orientation.
As a matter of understanding either classical liberalism or fascism better, this is poor and demonstrates the abysmal nature of fascism's origins as a "vitalist reactionary modernism perpetually in nascence." It's better to consult the Guide to Kulchur or the Cantos for "a rightist artist straddling tradition and modernism," since this book is a veritable fossil which—although resplendent in humorous and witty polemics—does not contribute much beyond restating the obvious to any remotely contemplative artist.