ABSTRACT
Ed Mishan published his Cost of Economic Growth as early as 1967, and later added The Economic Growth Debate, Becker-man responded with In Defence of Economic Growth in 1974. Economic growth has much to do with the change. When the Club of Rome predicted limits to economic growth, this may have seemed unduly gloomy to many. The core of the economic growth debate of the 1970s was less dramatic though equally remarkable. What is important is that decades of economic growth and social progress ended in a period of opacity and fuzziness. If industry means manufacturing and a society is characterized by dominant areas of employment, then industrial societies have been replaced by service societies. Daniel Bell, who coined the term "post-industrial society," was initially much interested in the shifts in employment. As modern societies moved away from the production of goods, new driving forces of progress came to the fore.
