The Affluent Society

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Author: John Kenneth Galbraith

ISBN-10: 0395925002

ISBN-13: 9780395925003

Category: Economic Conditions

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Galbraith's classic on the "economics of abundance" is, in the words of the New York Times, "a compelling challenge to conventional thought." With customary clarity, eloquence, and humor, Galbraith cuts to the heart of what economic security means (and doesn't mean) in today's world and lays bare the hazards of individual and societal complacence about economic inequity. While "affluent society" and "conventional wisdom" (first used in this book) have entered the vernacular, the message of the book has not been so widely embraced--reason enough to rediscover The Affluent Society.

Introduction to the Fortieth Anniversary Edition1The Affluent Society12The Concept of the Conventional Wisdom63Economics and the Tradition of Despair184The Uncertain Reassurance295The American Mood416The Marxian Pall557Inequality668Economic Security819The Paramount Position of Production9910The Imperatives of Consumer Demand11411The Dependence Effect12412The Vested Interest in Output13213The Bill Collector Cometh14314Inflation15415The Monetary Illusion16616Production and Price Stability17717The Theory of Social Balance18618The Investment Balance20019The Transition20920The Divorce of Production from Security21721The Redress of Balance22322The Position of Poverty23423Labor, Leisure and the New Class24324On Security and Survival255Afterword261Index265