The Culture of Contentment
| By: | John Kenneth Galbraith |
| Publisher: | Princeton University Press |
| Print ISBN: | 9780691171654 |
| eText ISBN: | 9781400889020 |
| Edition: | 0 |
| Copyright: | 2017 |
| Format: | Page Fidelity |
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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.