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
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“Politics is not the art of the possible. It consists in choosing between the disastrous and the unpalatable.”
—John Kenneth Galbraith (b. 1908)
“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)
“Take heed of enemies reconciled, and of meat twice boiled.”
—Collected in John Ray, English Proverbs. English proverb (1670)
“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)
“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)