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In his optimistic 1 9 5 8 publication, The Affluent Society, Harvard economist Kenneth Galbraith argued that the unparalleled affluence of the postwar era would

In his optimistic 1958 publication, The Affluent Society, Harvard economist Kenneth Galbraith argued that the unparalleled affluence of the postwar era would serve as a rising tide that would lift all boats, meaning that U.S. economic growth inevitably would lead to the eradication of inequality.
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