John Kenneth Galbraith
Canadian-American liberal economist John Kenneth Galbraith also wrote about a similar phenomenon under Capitalism, the emergence of a technocratic layer in The New Industrial State, and The Affluent Society.
Read more about this topic: New Class
Famous quotes containing the words kenneth galbraith, john, kenneth and/or galbraith:
“Wealth, in even the most improbable cases, manages to convey the aspect of intelligence.”
—John Kenneth Galbraith (b. 1908)
“Thou hast brought him a pardon from good King John.””
—Unknown. King John and the Abbot of Canterbury (l. 108)
“An ... important antidote to American democracy is American gerontocracy. The positions of eminence and authority in Congress are allotted in accordance with length of service, regardless of quality. Superficial observers have long criticized the United States for making a fetish of youth. This is unfair. Uniquely among modern organs of public and private administration, its national legislature rewards senility.”
—John Kenneth Galbraith (b. 1908)
“People who are in a fortunate position always attribute virtue to what makes them so happy.”
—John Kenneth Galbraith (b. 1908)