Arithmetic, interpolation and factorization of amalgams

Building upon Bennett's and Grosse-Erdmann's ideas falling under the conceptual umbrella of factorization of inequalities, we propose a unified approach towards the structure of certain Banach ideal spaces defined in terms of the least decreasing majorant. The key to our results, and, it seems, the main novelty in general, is the synthesis of discretization process, usually called the blocking technique, along with some tools from the interpolation theory. This blend allows us to obtain an abstract versions of several remarkable results proposed by Bennett and to show certain phenomena in new, somehow more complete perspective. Furthermore, with the help of technology we have developed, we re-prove and sometimes also improve many more recent results belonging to this circle of ideas.