The Culture of Contentment Paperback
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 pages
- Publisher: Princeton University Press
- Publication Date: 29/08/2017
- Category: Behavioural economics
- ISBN: 9780691171654
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