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Quote by John Kenneth Galbraith

Work

the new industrial state

A comprehensive analysis of the evolution of industrial sectors and the economic changes they bring, focusing on the impact of technological advancements and policy decisions. 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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“Majorities are of two sorts: (1) communal majority and (2) political majority. A political majority is changeable in its class composition. A political majority grows. A communal majority is born. The admission to a political majority is open. The door to a communal majority is closed. The politics of political majority are free to all to make and unmake. The politics of communal majority are made by its own members born in it.”