The Affluent Society

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The classic by the renowned economist: “One of those rare works that forces a nation to re-examine its values” (The New York Times).
One of the New York Public Library’s “Books of the Century”
Hailed as a “masterpiece” (St. Louis Post-Dispatch), this examination of the “economics of abundance” cuts to the heart of what economic security means (and doesn’t mean) and lays bare the hazards of individual and societal complacence about economic inequity. The book that introduced the phrase “conventional wisdom” to our vernacular, The Affluent Society is as timely today as when it was first published.
“Warrants careful reading by every thoughtful person.” —The Christian Science Monitor

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The author of American Capitalism and The Great Crash, 1929 attempts here to demonstrate that the economic ideas which guide our society — an affluent society — are not only rooted in the past but ... Read full review

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The Affluent Society is a book that questions the very premise of our economic system - production for production's sake. I think that Galbraith makes an excellent point that you don't need to tell a hungry man that he's hungry (implying that almost all "market demand" today is synthetically created by corporations that need to sell their vast surplus of goods to manipulated consumers).  


1 The Affluent Society
2 The Concept of the Conventional Wisdom
3 Economics and the Tradition of Despair
4 The Uncertain Reassurance
5 The American Mood
6 The Marxian Pall
7 Inequality
8 Economic Security
15 The Monetary Illusion
16 Production and Price Stability
17 The Theory of Social Balance
18 The Investment Balance
19 The Transition
20 The Divorce of Production from Security
21 The Redress of Balance
22 The Position of Poverty

9 The Paramount Position of Production
10 The Imperatives of Consumer Demand
11 The Dependence Effect
12 The Vested Interest in Output
13 The Bill Collector Cometh
14 Inflation
23 Labor Leisure and the New Class
24 On Security and Survival
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About the author (1998)

John Kenneth Galbraith (1908–2006) was a critically acclaimed author and one of America's foremost economists. His most famous works include The Affluent Society, The Good Society, and The Great Crash. Galbraith was the recipient of the Order of Canada and the Robert F. Kennedy Book Award for Lifetime Achievement, and he was twice awarded the Presidential Medal of Freedom.

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