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Affluence and Social Imbalance

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John Kenneth Galbraith

Part of the book series: Contemporary Economists ((CONTECON))

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Abstract

John Kenneth Galbraith’s The Affluent Society is one of the most famous books of the last twenty-five years. Its fame and, with the qualification that its basic message has gone unheeded, its influence, are indicated by its large sales; the adoption of its terminology; and the reviews, citations, and discussion given it (Sharpe, 1972; Hession, 1972; Gambs, 1975; Munro, 1977; Reisman, 1980).

I know not why it should be a matter of congratulation that persons who are already richer than anyone needs to be, should have doubled their means of consuming things which give little or no pleasure except as representative of wealth.

(J.S. Mill, 1848 [1985])

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© 1996 James Ronald Stanfield

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Stanfield, J.R. (1996). Affluence and Social Imbalance. In: John Kenneth Galbraith. Contemporary Economists. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-24753-0_3

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