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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“Wealth is not without its advantages and the case to the contrary, although it has often been made, has never proved widely persuasive.”
—John Kenneth Galbraith (b. 1908)
“Man, at least when educated, is a pessimist. He believes it safer not to reflect on his achievements; Jove is known to strike such people down.”
—John Kenneth Galbraith (b. 1908)
“Quite unacquainted with the ABC
Than write such hopeless rubbish as thy worst.”
—James Kenneth Stephen (1859–1892)
“The enemy of the conventional wisdom is not ideas but the march of events.”
—John Kenneth Galbraith (b. 1908)