The Culture of Contentment
Paperback
- Price:
- $24.95/£20.00
- ISBN:
- Published:
- Aug 29, 2017
- Copyright:
- 2017
- Pages:
- 176
- Size:
- 5.5 x 8.5 in.
- Main_subject:
- Economics & Finance
ebook
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.