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:
“In any great organization it is far, far safer to be wrong with the majority than to be right alone.”
—John Kenneth Galbraith (b. 1908)
“[17th-century] Puritans were the first modern parents. Like many of us, they looked on their treatment of children as a test of their own self-control. Their goal was not to simply to ensure the child’s duty to the family, but to help him or her make personal, individual commitments. They were the first authors to state that children must obey God rather than parents, in case of a clear conflict.”
—C. John Sommerville (20th century)
“There is something wonderful in seeing a wrong-headed majority assailed by truth.”
—John Kenneth Galbraith (b. 1908)
“The enemy of the conventional wisdom is not ideas but the march of events.”
—John Kenneth Galbraith (b. 1908)