Word: treadwheel
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Dates: during 1960-1969
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...were removed, it would have to be replaced by something else-public works, massive government spending, a shortened week. To some, America's hyped-up consumption seems vaguely immoral as well as untenable in the long run. John Kenneth Galbraith has likened it to the squirrel on a treadwheel. Yet he and other economists agree that there is really nothing wrong with the process, provided that a sufficient share of a growing economy goes into social improvement...
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