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Edition · 2017-08-29 · Softcover

The Culture of Contentment

JGJohn Kenneth Galbraith
2017
year of publication
176
pages
English (United States)
language
Softcover
cover
Publisher
Princeton University Press
ISBN-13
978-06-9117-165-4
EAN
9780691171654
Publication date
2017-08-29
Book
The Culture of Contentment · 1 edition
The publisher on this edition

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.