Word: semisocialist
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Dates: during 1967-1967
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...space, atomics, electronics and supersonic transport-they have formed a common-law marriage with the Government, which underwrites most of their development costs and buys the bulk of their output. One result is that government purchasing accounts for 20% or 25% of U.S. economic activity-far more than in semisocialist Sweden and close to that in Communist Poland...
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