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Galbraith: The Affluent Society & Other Writings, 1952-1967: American Capitalism / The Great Crash, 1929 / The Affluent Society / The New Industrial State Hardcover – September 30, 2010
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Top Customer Reviews
We owe it to THE LIBRARY OF AMERICA who keeps in print editions of significant writing.
The Library has gathered together four major works of Professor John Kenneth Galbraith written between 1952 to 1967. The inference is that Galbraith had something important to say in the middle of the last century and his views are worth repeating.
It is hardly possible to read Galbraith's account of The Great Crash, 1929, without measuring against it, the events of the new Great Crash that began 1n 2008. Of course the crashes were not identical but some commonalities are difficult to ignore. There is little comfort in the similarities but his account of 1929 alerts us to the inadequacy and inaccuracies bandied about so freely by political and business leaders.
It needs to be acknowledged that the current Financial Crisis is Global, so much more so than in 1929. And the present 2011 Crisis has been exaggerated by newer Institutions such as the European Union. However there still remains much in common with 1929.
Firstly, Galbraith draws attention to what he calls Incantation. Then, as now, political and business leaders ritually recite words and phrases designed to be of comfort of exhibit great wisdom. In fact the incantations are used as magic spells to calm the worried listeners, when in fact in most cases the causes of our concerns remain unchanged and unchallenged.Read more ›
Some of these works are hard to find in print individually so it's great to be able to get them at all. This collection saves space and weight by using what one might call bible-page print. So get some nice magnifier glasses before sitting down with this tome.
Most Recent Customer Reviews
An excellent discussion of Galbraith's work, which applies directly to today's problems. Well worth reading - and studying!Published 8 months ago by Charles
Classic Galbraith but a bit text bookie for a general reader. Fine collection of the economists work, read it now before the presidential election as it will surely be referenced... Read morePublished 9 months ago by Ray L.