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AMITAI ETZIONI

On anothercount,though,reindustrializationmustpleadguilty ascharged:It doesfavor mitigating the criteria of "comparativeadvantage"with considera- tions of developmentaeconomics,social sensitivity, and nationalsecurity. Studiesof developmentaeconomicsshowthatshort-ter importlimitationsare oftenessentiafor developinga newindustrialbase;thesamemighthold for re- newingone. Socialconsiderationprovidemanyreason why we shouldnotex- port all blue-collarwork to Third World countriesto startwith, we haveplenty of unskilled laborof our own. Nationalsecurityrequiresus not to growsode- pendenton imported coal, steel,and shipbuildingthat we are unableto with standboycotts or other supplyinterruptions.

Reindustrializatio thusstandsbetweensupply-sideeconomicsand industrial policy; it is semi-targeted,andthe contextit seek to advanc is a strongepro- ductive capacity.

ACKNOWLEDGMENTS

This much revised article draws on material previously included in An Immodest Agenda (1983).

REFERENCES

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omyin the 1980s: A Program for Growth and Stability. San Francisco: Institute for Contempo- rary Studies. Campbell, A., Converse, P. E. and Rodgers, W. L. (1976) The Quality ofAmerican Life: Percep-

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Etzioni, Amitai (1983) An 1mmodestAgenda: Rebuilding America Before the 21st Century. New York: McGraw-Hili. F i s h l o w , A . ( 1 9 6 6 ) " L e v e l s o f n i n e t e e n t h - c e n t u r y A m e r i c a n i n v e s t m e n t i n e d u c a t i o n . " J o u r n a of l Economic History, Vol. 26.

Glickman, Grant, N.

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