Modern economy

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Armaments, universal debt, and planned obsolescence—those are the three pillars of Western prosperity.

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Huxley, Aldous. Island. Chatto & Windus/Harper and Brothers, 1962, ch. 9.

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The clock, not the steam-engine, is the key-machine of the modern industrial age.

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Mumford, Lewis. Technics and Civilization. Harcourt, Brace and Company/Routledge, 1934, ch. 1, sect. 2.

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