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The Culture of Contentment
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ISBN13: 9780691171654
Publisher: Princeton Univ Pr
Published: Aug 29 2017
Pages: 176
Weight: 0.35
Height: 0.70 Width: 5.40 Depth: 8.40
Language: English
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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