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The Good Society: The Humane Agenda [Hardcover]

John Kenneth Galbraith (Author)
3.4 out of 5 stars  See all reviews (16 customer reviews)


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Book Description

March 1996
Galbraith also recognizes human weakness, differences in ability and motivation, and the formidable obstacles facing those who challenge the status quo. No one else explains the interplay of economic and political forces with Galbraith's exquisite clarity.

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Editorial Reviews

From Publishers Weekly

In this carefully reasoned manifesto, eminent economist Galbraith outlines his vision of the good society. To prevent recurrent stagnation and unemployment, he advises active intervention by the state. Arguing that the federal deficit is being used by conservatives as a pretext to attack social programs, he recommends a progressive income tax that eliminates tax concessions for the affluent, as well as ending government subsidies for business ("corporate welfare") and stopping the vast payments to the armaments industry. His version of the good society also encompasses a strong environmental movement, a more open immigration policy and a sturdier safety net for the poor and disadvantaged. Though there are few surprises here, those who agree with the pragmatically liberal Galbraith that both socialism and complete surrender to market forces are irrelevant as guides to public action will find his primer a useful springboard for planning the future.
Copyright 1996 Reed Business Information, Inc.

From Library Journal

In this slim volume, eminent economist Galbraith tackles the question of what, exactly, is a "good society." Most Americans would agree with the components of Galbraith's "good society": economic growth; universal access to education; and protection for the young, old, disabled, and the environment. He parts company with the pundits in his disbelief that the "good society" can be obtained through adherence to a particular ideology, arguing instead that rigid philosophies must be abandoned and each issue considered in all its complexity. With his usual elegance and common sense, the Harvard professor emeritus discusses such issues as NAFTA, the balanced budget amendment, and the flat income tax, always focusing on their economic ramifications and effect on the common good. You will find no numbers or statistics here?just an optimistic, yet realistic, philosophical discourse on social welfare, economics, and politics in the 1990s. Recommended for academic and large public libraries.
-?Eris Weaver, Marin Inst., San Rafael, Cal.
Copyright 1996 Reed Business Information, Inc.

Product Details

  • Hardcover: 152 pages
  • Publisher: Houghton Mifflin; 1ST edition (March 1996)
  • Language: English
  • ISBN-10: 0395713285
  • ISBN-13: 978-0395713280
  • Product Dimensions: 9.1 x 6.3 x 0.7 inches
  • Shipping Weight: 13.6 ounces
  • Average Customer Review: 3.4 out of 5 stars  See all reviews (16 customer reviews)
  • Amazon Best Sellers Rank: #2,340,023 in Books (See Top 100 in Books)

More About the Author

John Kenneth Galbraith who was born in 1908, is the Paul M. Warburg Professor of Economics Emeritus at Harvard University and a past president of the American Academy of Arts and Letters. He is the distinguished author of thirty-one books spanning three decades, including The Affluent Society, The Good Society, and The Great Crash. He has been awarded honorary degrees from Harvard, Oxford, the University of Paris, and Moscow University, and in 1997 he was inducted into the Order of Canada and received the Robert F. Kennedy Book Award for Lifetime Achievement. In 2000, at a White House ceremony, he was given the Presidential Medal of Freedom. He lives in Cambridge, Massachusetts.

 

Customer Reviews

16 Reviews
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Average Customer Review
3.4 out of 5 stars (16 customer reviews)
 
 
 
 
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13 of 14 people found the following review helpful:
5.0 out of 5 stars The pragmatic compassionate liberal's credo, April 29, 2006
I am writing this review on the day after John Kenneth Galbraith passed away at the age of ninety- seven. He was a legendary figure in his lifetime, an economist with a world reputation. His book 'The Affluent Society" (1958) made the U.S. and the world think again about the meaning of a society primarily devoted to individual consumer consumption. He was a public servant of great ability and dedication from his days working for the Roosevelt Administration during the Second World in the Office of Price Administration through his service to the Kennedy and Johnson Administrations . He served as U.S. Ambassador to India and was a strong advocate for that country in the U.S. For over thirty years he taught at Harvard and was considered one of its most popular and brilliant teachers. He wrote over thirty books, and was involved in a tremendously wide variety of public activities and affairs.
This short book is an updating of 'The Affluent Society'. In it he tackles major economic and social questions >He speaks of a good society whose obligations are to provide for " personal liberty, basic wellbeing , racial and ethnic equality, the opportunity for a rewarding life".
In short chapters of around ten pages he tackles the problems of the deficit, the environment, migration, the proper distribution of wealth, the providing of aid to the world's poor.
Galbraith was a fighter in spirit , a person of great wit and fierce sense of social justice. His platform of a kind of social democracy as the ideal way to meet the modern world's problem certainly is questioned by many, not the least by predominant economic opinion today.
Perhaps his greatest importance was in pointing out performance problems in capitalist societies, and demanding a greater degree of concern for the commonweal.
He was one of those rare intellectual figures who could take a relatively dull subject and make it 'interesting' for the broader public.
He worked hard, long and well and his contribution will hopefully not be forgotten.
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7 of 7 people found the following review helpful:
3.0 out of 5 stars What America could become, October 10, 2006
By 
Newton Ooi (Phoenix, Arizona United States) - See all my reviews
(REAL NAME)   
Sometime in the 1970s, several trends started to take effect in the USA that have led to many of our troubles now. One of these was the growing divide of the America into haves and have-nots. Another one of these was the privatization of numerous parts of the US economy, and the transfer of many government functions from the public role to the private market. A third effect was the de-emphasis of public infrastructure for the public good, to public infrastructure for corporate wealth. John Kenneth Galbraith addresses all three of this trends, and shows what they have done to the American society and American communities. The result is a good wishlist of probably most political liberals. The one thing lacking from the book is a comparison of what America has become, to the economic and social transformations that have occurred in societies that have incorporated many of Galbraith's ideas, such as Scandinavia, Singapore, and Japan. Overall, an OK book and a good summary of the author's works and views.
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8 of 9 people found the following review helpful:
4.0 out of 5 stars Progressive voice of economics, January 17, 2006
By 
E. David Swan (South Euclid, Ohio USA) - See all my reviews
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John Kenneth Galbraith sees the eternal struggles of economics as a battle between capital and labor and as things currently stand capital is delivering haymakers and body blows to labor. Labor has the numbers but capital has the advantage of... well, capital. Capital can afford the best representation and that has never been more true than today. Meanwhile Globalization has effectively destroyed labors bargaining power.

In `The Good Society' Mr. Galbraith attempts to map out an economic plan for creating a good society for all, wealthy and poor. What sets Mr. Galbraith apart from many economists is his belief in a pragmatic rather than dogmatic approach. He even compares the Republican parties 1994 `Contract with America' to the `Communist Manifesto' for its ideological inflexibility. The problems seem to occur when people start believing that economics falls under the hard sciences when in truth it's more like tracking the weather where small perturbation can cause dramatic changes. One thing that the author has maintained through the years is that Feds actual effect on inflation and recessions is negligible and more smoke and mirrors meant to give the appearance that something is being done. The other issue is that Globalization has made it increasingly difficult for the Federal Reserve to adjust the levels of our economy.

Occasionally the author comes off as a bit naive as when he talks about large scale modernization projects done in the third world saying, "The steel mills, hydroelectric plants and shiny airports, now sited among ignorant people, became sterile monuments to error - and failure." What Mr. Galbraith fails to recognize is that these projects are only failures from the perspective of the recipient countries who borrowed away their futures in order to acquire them. To the IMF and the construction companies involved it was a complete success. The author does recognize that the gift wealthy countries should have offered was the much less glamorous gift of education. In another section Mr. Galbraith says in reference to Imperialism and Colonialism, "We speak sometimes reflectively, of the end of history; here, indeed, history has come to an end." Writers who use the unfortunate term `end of history' have a bad tendency of being proven wrong in the end.

John Kenneth Galbraith is one of the few economists of late who addresses the immense danger of wealth inequality. In contrast to Milton Freidman, Mr. Galbraith believes that there are both financial and ethical sides to economics as relates to helping the poor, protecting the environment and supporting workers rights. He also supports transnational organizations and sees Globalization as the inevitable future. In most ways Mr. Galbraith is swimming upstream against the trends in the United States which is exactly why I find his views more important than ever before. The book seemed to lose some steam about half way through and many of his ideas such as the danger of the military industrial complex have been addressed in his other book, still I recommend Mr. Galbraith as a responsible voice for progressive economics.
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AMONG THE GREAT NATIONS of the world none is more given to introspection than the United States. Read the first page
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United States, Soviet Union, Eastern Europe, World War, Central America, The Social Foundation, Cold War, Democratic Party, John Maynard Keynes, United Nations
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