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The Affluent Society (1958)

by John Kenneth Galbraith

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1,520109,340 (3.8)11
Galbraith's classic on the "economic of abundance" is, in the words of the New York Times, "a compelling challenge to conventional thought." With customary clarity, eloquence, and humor, Galbraith cuts to the heart of what economic security means (and doesn't mean) in today's world and lays bare the hazards of individual and societal complacence about economic inequity. While "affluent society" and "conventional wisdom" (first used in the book) have entered the vernacular, the message of the book has not been so widely embraced--reason enough to rediscover The Affluent Society.… (more)
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» See also 11 mentions

English (9)  Italian (1)  All languages (10)
Showing 1-5 of 9 (next | show all)
production no longer the problem, underproduction of public goods, need equalize income and social goods
  ritaer | Aug 26, 2021 |
.
.
Contents
introduction
1. The Affluent Society
2. The Concept Of The Conventional Wisdom
3. Economics And The Tradition Of Despair
4. The Uncertain Reassurance
5. The American Mood
6. The Marxian Pall
7. Inequality
8. Economic Security
9. The Paramount Position Of Production
10. The Imperatives Of Consumer Demand
11. The Dependence Effect
12. The Vested Interest In Output
13. The Bill Collector Cometh
14. Inflation
15. The Monetary Illusion
16. Production Versus Price Stability
17. The Theory Of Social Balance
18. The Investment Balance
19. The Transition
20. The Divorce Of Production From Security
21. The Redress Of Balance
22. The Position Of Poverty
23. Labor, Leisure, And The New Class
24. On Security And Survival
afterword
index ( )
  knoba | Oct 12, 2020 |
Galbraith's assessment of the 1950's economic scene, the populace's choices, and the then current reasons for the post-war boom, are particularly relevant to our choices today: Affluenza, the decaying environment, decreases in social services, worker rights, materialism, etc.

I disdain economic dogma, the economic beliefs that are so commonly bandied about, and seemingly plausible, but generally unproven and with little merit. Economics abounds with such things, and Galbraith's insights then are wholly relevant now, both as a critique of the current administration's policies, and as a guidepost for a better future. ( )
  James.Igoe | Jul 26, 2017 |
I registered a book at BookCrossing.com!
http://www.BookCrossing.com/journal/13696960
  Lunapilot | Jul 19, 2016 |
A profoundly silly book from a once revered, now largely forgotten economist.

It is really an updating of the arguments Sismondi and Mill (among others) were making over a century before, namely that we, as a species, now had enough stuff and the pursuit of more was self defeating. Sismondi and Mill made this argument when most of humanity didn't have the proverbial to piss in, and Galbraith's rehash is little more convincing. Some of the things he records as needless fancies include wall to wall carpets and vacuum cleaners, both pretty much necessities these days. Still, Galbraith could probably afford a maid.

As ridiculous is his famous argument about private plenty and public squalor. As Galbraith was writing this, governments were increasing their spending endlessly to the point we now have where, in may countries, government debt is approaching or over 100% of GDP. We have public plenty to a degree we can no longer afford. ( )
  JohnPhelan | Nov 9, 2015 |
Showing 1-5 of 9 (next | show all)
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Author nameRoleType of authorWork?Status
John Kenneth Galbraithprimary authorall editionscalculated
Carter, LarryCover designersecondary authorsome editionsconfirmed
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The economist, like everyone else, must concern himself with the ultimate aims of man. - Alfred Marshall
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To Alan, Peter and Jamie
To Emily, Peter and Jamie
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Wealth is not without its advantages and the case to the contrary, although it has often been made, has never proved widely persuasive.
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(Click to show. Warning: May contain spoilers.)
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Galbraith's classic on the "economic of abundance" is, in the words of the New York Times, "a compelling challenge to conventional thought." With customary clarity, eloquence, and humor, Galbraith cuts to the heart of what economic security means (and doesn't mean) in today's world and lays bare the hazards of individual and societal complacence about economic inequity. While "affluent society" and "conventional wisdom" (first used in the book) have entered the vernacular, the message of the book has not been so widely embraced--reason enough to rediscover The Affluent Society.

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Haiku summary
Mankind produces lots
The conventional wisdoms
are no longer right
(DarrylLundy)

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Penguin Australia

An edition of this book was published by Penguin Australia.

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