John Kenneth Galbraith Knihy

The world has become increasingly separated into the haves and have-nots. In The Culture of Contentment, renowned economist John Kenneth Galbraith shows how a contented class—not the privileged few but the socially and economically advantaged majority—defend their comfortable status at a cost. Middle-class voting against regulation and increased taxation that would remedy pressing social ills has created a culture of immediate gratification, leading to complacency and hampering long-term progress. Only economic disaster, military action, or the eruption of an angry underclass seem capable of changing the status quo. A groundbreaking critique, The Culture of Contentment shows how the complacent majority captures the political process and determines economic policy.

This memoir offers an engaging glimpse into the life of a prominent American figure known for their captivating presence and influence. Through vivid storytelling, the author shares thrilling experiences and insightful reflections on their journey, highlighting key moments that shaped their public persona and impact on society. The narrative weaves together personal anecdotes and broader cultural observations, making it a compelling read for those interested in the intersection of fame and personal history.

An anthology of essays, articles, and excerpts from the renowned economist features selections from some of his most important works, including Afluent Society, The Age of Uncertainty, The New Industrial State, and The Great Crash, along with introduction to each essay from the author. Original. 15,000 first printing.

ForewordThe Prophets & Promise of Classical CapitalismThe Manners & Morals of High CapitalismThe Dissent of Karl MarxThe Colonial IdeaLenin & the Great UngluingThe Rise & Fall of MoneyThe Mandarin RevolutionThe Fatal CompetitionThe Big CorporationLand & PeopleThe MetropolisDemocracy, Leadership, CommitmentA Major Word of ThanksNotesList of IllustrationsIndex

A collection of essays by J.K. Galbraith, edited by Andrea D. Williams.

Explains the history of economics including various theories.

Focusing on the concept of "Countervailing Power," this economics book explores its significance in addressing market failures. Galbraith examines how firms, unions, and government can collectively influence prices and wage rates, emphasizing that such power is essential for protecting the public and vulnerable individuals from exploitation. He argues that without this balance, unchecked private decisions could lead to detrimental consequences, making a case for the necessity of state intervention when countervailing power is insufficient.