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.
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Famous quotes containing the words kenneth galbraith, john, kenneth and/or galbraith:
“There is something wonderful in seeing a wrong-headed majority assailed by truth.”
—John Kenneth Galbraith (b. 1908)
“Take heed of enemies reconciled, and of meat twice boiled.”
—Collected in John Ray, English Proverbs. English proverb (1670)
“All successful revolutions are the kicking in of a rotten door. The violence of revolutions is the violence of men who charge into a vacuum.”
—John Kenneth Galbraith (b. 1908)
“In the United States all business not transacted over the telephone is accomplished in conjunction with alcohol or food, often under conditions of advanced intoxication. This is a fact of the utmost importance for the visitor of limited funds ... for it means that the most expensive restaurants are, with rare exceptions, the worst.”
—John Kenneth Galbraith (b. 1908)