The Good Society: The Humane Agenda

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Houghton Mifflin Company, 1996 - Business & Economics - 152 pages
"In this tightly argued and eloquent book, the preeminent economist John Kenneth Galbraith presents the blueprint for a society that is compassionate to the less fortunate and economically feasible for all. He points the way toward the achievable goals for a "good society": personal liberty, basic well-being, racial and ethnic equality, and the opportunity for a rewarding life. However, this is no utopian approach to the economic challenges facing America; Galbraith recognizes human weakness, differences in ability and motivation, and the formidable obstacles facing those who challenge the status quo. Still, Galbraith's optimism shines through as he explains how we could establish a more humane world by shedding today's conventional wisdom about inflation, the deficit, taxes, and immigration, and by recognizing the immense value of education and environmental responsibility and the political action that the good society demands."--BOOK JACKET.Title Summary field provided by Blackwell North America, Inc. All Rights Reserved

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Contents

The Good Society
1
The Wider Screen
6
The Age of Practical Judgment
14
Copyright

16 other sections not shown

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About the author (1996)

John Kenneth Galbraith is a Canadian-born American economist who is perhaps the most widely read economist in the world. He taught at Harvard from 1934-1939 and then again from 1949-1975. An adviser to President John F. Kennedy, he served from 1961 to 1963 as U.S. ambassador to India. His style and wit in writing and his frequent media appearances have contributed greatly to his fame as an economist. Galbraith believes that it is not sufficient for government to manage the level of effective demand; government must manage the market itself. Galbraith stated in American Capitalism (1952) that the market is far from competitive, and governments and labor unions must serve as "countervailing power." He believes that ultimately "producer sovereignty" takes the place of consumer sovereignty and the producer - not the consumer - becomes ruler of the marketplace.