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AMERICAN DREAMS: LOST AND FOUND by Studs Terkel; Pantheon; 470 pages; $14.95

In the darkness with a great bundle of grief the people march. In the night, and overhead a shovel of stars for keeps, the people march: "Where to? what next?"

—The People, Yes

Few readers can now look at Carl Sandburg's epic without embarrasment. Happily, one of them is Studs Terkel. His vocabulary is sophisticated, his questions are informed by contemporary psychology and social theory. But Terkel's credulity remains that of the '30s populist who regards the American people...

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