Word: industrophobia
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America, which has held hegemony over the world from 1876 to 1975, may be losing its global influence for the same reason that British industry, dominant in the world from 1776 to 1876, decayed. The threat comes from "industrophobia"-the mood among intellectuals, ecologists, students and others from the educated and monied classes, which view business as vulgar and dangerous. On U.S. campuses, he writes, an "antigrowth cult is being taught to a generation of idealistic kids as if it was high moral philosophy or even a religion...
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