Word: consumerization
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Hope Dashed. There was only one flaw: war industry (synthetic rubber, explosives, etc.) is the big consumer of alcohol today, not hair tonic. And there is not enough alcohol. Smart sugarmen in Cuba and the rest of the Caribbean have converted all sugar possible into liquor instead of into the...
In Aklavik, dinner tables groan under inch-thick steaks (reindeer and caribou), heaping mounds of butter, jam, other war-scarce delicacies. Aklavik women, most of them Eskimos and Leacheau Indians, have all the silk stockings they need, can frequently be heard mildly bewailing "the third pair I've ruined...
Low Dividends. Reports from the consumer industries were still sparse last week. One hint of the trend: gross sales of the R. J. Reynolds Tobacco Co. ballooned to a new high of $414,263,939. But profits were down to $18,562,741, v. $19,860,231 in 1942.
"Sincerity ... a Church which is the conscience of Society . . . which . . . will condemn selfish, nationalistic, imperialistic, compromising social action . . . [and will] insist upon a Society which will recognize, as Jesus does, that man is more than a producer and consumer of goods, more than a breeder of wage-slaves and cannon...
The other method would concentrate on the problem of distributing more consumer goods-by taxing some people to give to others, by employing consumer subsidies of various kinds, by attempting to build up a large consumer economy and letting the production of capital goods seek its own level.