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Times of Abundance might be a factor of importance after all. By definition, scarcity means that there is not enough for everyone - with whatever money. The turn away from Keynesian economics started in the 1970-80s, soon after the "Club of Rome" report. Self-conscious elites might be thinking along the lines of my earlier comment today, adjusted:
Is there a point to enlighten everyone? Confused population is a part of the political-economic game...
by das monde on Sat May 31st, 2014 at 08:36:52 AM EST

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