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Quote by John Kenneth Galbraith

“From the fact of general well-being came the new position of the poor. They were now in most communities a minority. The voice of the people was now the voice of relative affluence. Politicians in pursuit of votes could be expected to have a diminishing concern for the very poor. Compassion would have to serve instead - an uncertain substitute.”

Quote by John Kenneth Galbraith

Work

A life in our times: memoirs

This memoir offers a candid look into the author's life, exploring personal triumphs, challenges, and the evolution of their worldview over time. more

Author

John Kenneth Galbraith
John Kenneth Galbraith

John Kenneth Galbraith was a renowned economist known for his research on economic cycles, market structures, and government policies. His works have had a profound impact on economic theory and policy practice. more

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