by John Kenneth Galbraith (Author), Jeff Madrick (Author)
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.
Format: Paperback
Pages: 176
Edition: Reprint
Publisher: Princeton University Press
Published: 05 Sep 2017
ISBN 10: 0691171653
ISBN 13: 9780691171654