Michael

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we have few civilian arrangements that are by central design and purpose directed to large-scale participation in modern scientific and technological progress and its large-scale application in advance of knowledge that these will be commercially feasible. Much has been accomplished by research and development not immediately subject to commercial criteria under the inspiration of military need. This has done more to save us from the partial technological stagnation that is inherent in a consumer goods economy than we imagine. But this is a hideously inefficient way of subsidizing general ...more
Michael
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The Affluent Society
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