Title | : | The Culture of Contentment |
---|---|---|
Author | : | John Kenneth Galbraith |
Release | : | 2017-08-29 |
Kind | : | ebook |
Genre | : | Economics, Books, Business & Personal Finance, Science & Nature, Geography |
Size | : | 7995553 |
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. |