By Schubert Ogden
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Galbraith argues that "\[t\]his is not the age of doctrine; it is the age of practical judgment." By this he means that our age resists defining the economy ideologically, whether the ideology be capitalism, socialism, liberalism, or what have you. "\[I\]deological identification," he says, "represents an escape from unwelcome thought \-\- the substitution of broad and banal formula for specific decision in the particular case" (_The Good Society_: 20, 14). |
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