The Culture of Contentment

Author(s): John Kenneth Galbraith; Jeff Madrick (Foreword by)

Economics Politics Business

The world has become increasingly separated into the haves and have-nots. In The Culture of Contentment, renowned economist John Kenneth Galbraith shows how a contented class--not the privileged few but the socially and economically advantaged majority--defend their comfortable status at a cost. Middle-class voting against regulation and increased taxation that would remedy pressing social ills has created a culture of immediate gratification, leading to complacency and hampering long-term progress. Only economic disaster, military action, or the eruption of an angry underclass seem capable of changing the status quo. A groundbreaking critique, The Culture of Contentment shows how the complacent majority captures the political process and determines economic policy.

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Product Information

General Fields

  • : 9780691171654
  • : Princeton University Press
  • : Princeton University Press
  • : August 2017
  • : 1.265 Centimeters X 14.2 Centimeters X 21.5 Centimeters
  • : books

Special Fields

  • : English
  • : 306.3/0973
  • : 176
  • : John Kenneth Galbraith; Jeff Madrick (Foreword by)
  • : Paperback