MTU Cork Library Catalogue

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The affluent society / John Kenneth Galbraith.

By: Galbraith, John Kenneth, 1908-2006.
Material type: materialTypeLabelBookPublisher: Boston : Houghton Mifflin, c1998Edition: 40th anniversary ed.Description: xii, 276 p. ; 21 cm + pbk.ISBN: 0395925002.Subject(s): Economics -- United States | United States -- Economic conditions -- 1945- | United States -- Economic policyDDC classification: 330.973
Holdings
Item type Current library Call number Copy number Status Date due Barcode Item holds
General Lending MTU Bishopstown Library Store Item 330.973 (Browse shelf(Opens below)) 1 Available 00085567
Total holds: 0

Enhanced descriptions from Syndetics:

John Kenneth Galbraith's classic investigation of private wealth and public poverty in postwar America.



With customary clarity, eloquence, and humor, Harvard economist John Kenneth Galbraith gets at the heart of what economic security means in The Affluent Society.



Warning against individual and societal complacence about economic inequity, he offers an economic model for investing in public wealth that challenges "conventional wisdom" (a phrase he coined that has since entered our vernacular) about the long-term value of a production-based economy and the true nature of poverty. Both politically divisive and remarkably prescient, The Affluent Society is as relevant today on the question of wealth in America as it was in 1958.

"Updated and with a new introduction by the author"--Cover.

"A Mariner book.".

Includes bibliographical references and index.

Author notes provided by Syndetics

John Kenneth Galbraith is a Canadian-born American economist who is perhaps the most widely read economist in the world. He taught at Harvard from 1934-1939 and then again from 1949-1975. An adviser to President John F. Kennedy, he served from 1961 to 1963 as U.S. ambassador to India. His style and wit in writing and his frequent media appearances have contributed greatly to his fame as an economist.

Galbraith believes that it is not sufficient for government to manage the level of effective demand; government must manage the market itself. Galbraith stated in American Capitalism (1952) that the market is far from competitive, and governments and labor unions must serve as "countervailing power." He believes that ultimately "producer sovereignty" takes the place of consumer sovereignty and the producer - not the consumer - becomes ruler of the marketplace.

(Bowker Author Biography)

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