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Quote by John Kenneth Galbraith

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The affluent society

Written by economist John Kenneth Galbraith, this book delves into the economic and social implications of affluence, analyzing the shift from scarcity to abundance in post-war America. It examines the role of government in managing wealth distribution and the impact of consumerism on societal values. more

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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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“With his continual doctrine [Bishop Hooper] adjoined due and discreet correction, not so much severe to any as to them which for abundance of riches and wealthy state thought they might do what they listed. And doubtless he spared no kind of people, but was indifferent to all men, as well rich as poor, to the great shame of no small number of men nowadays. Whereas many we see so addicted to the pleasing of great and rich men, that in the meantime they have no regard to the meaner sort of poor people, whom Christ hath bought as dearly as the other.”

“Economic and military power can be developed under the spur of laws and appropriations. But moral power does not derive from any act of Congress. It depends on the relations of a people to their God. It is the churches to which we must look to develop the resources for the great moral offensive that is required to make human rights secure, and to win a just and lasting peace.”

“No political dreamer was ever wild enough to think of breaking down the lines which separate the States and compounding the American people into one common mass.”