Word: structuralist
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Dates: during 1966-1966
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...structuralist theories which maintained that general prosperity would do little good for many categories of workers because they were unfit to hold jobs in the rapidly advancing technology, can now be dismissed, at least in their extreme forms. Every category of unemployment has responded to prosperity and will continue to do so. But now that that battle has been won and the general slack in the economy virtually eliminated, it becomes even more urgent to look more closely at the unemployment which remains even in good times. So let me talk today not about the common economic theme...