New Class - John Kenneth Galbraith

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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    By all but the pathologically romantic, it is now recognized that this is not the age of the small man.
    John Kenneth Galbraith (b. 1908)

    The contented and economically comfortable have a very discriminating view of government. Nobody is ever indignant about bailing out failed banks and failed savings and loans associations.... But when taxes must be paid for the lower middle class and poor, the government assumes an aspect of wickedness.
    —John Kenneth Galbraith (b. 1908)

    Speech and prose are not the same thing. They have different wave-lengths, for speech moves at the speed of light, where prose moves at the speed of the alphabet, and must be consecutive and grammatical and word-perfect. Prose cannot gesticulate. Speech can sometimes do nothing more.
    —James Kenneth Stephens (1882–1950)

    Politics is not the art of the possible. It consists in choosing between the disastrous and the unpalatable.
    —John Kenneth Galbraith (b. 1908)