The Culture Of Contentment

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The Culture of Contentment

The Culture of Contentment
Author :
Publisher : Princeton University Press
Total Pages : 177
Release :
ISBN-10 : 9781400889020
ISBN-13 : 1400889022
Rating : 4/5 (022 Downloads)

Book Synopsis The Culture of Contentment by : John Kenneth Galbraith

Download or read book The Culture of Contentment written by John Kenneth Galbraith and published by Princeton University Press. This book was released on 2017-08-29 with total page 177 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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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