The Affluent SocietyThe 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 |
Contents
1 The Affluent Society | 1 |
2 The Concept of the Conventional Wisdom | 6 |
3 Economics and the Tradition of Despair | 18 |
4 The Uncertain Reassurance | 29 |
5 The American Mood | 41 |
6 The Marxian Pall | 55 |
7 Inequality | 66 |
8 Economic Security | 81 |
15 The Monetary Illusion | 166 |
16 Production and Price Stability | 177 |
17 The Theory of Social Balance | 186 |
18 The Investment Balance | 200 |
19 The Transition | 209 |
20 The Divorce of Production from Security | 217 |
21 The Redress of Balance | 223 |
22 The Position of Poverty | 234 |
9 The Paramount Position of Production | 99 |
10 The Imperatives of Consumer Demand | 114 |
11 The Dependence Effect | 124 |
12 The Vested Interest in Output | 132 |
13 The Bill Collector Cometh | 143 |
14 Inflation | 154 |
23 Labor Leisure and the New Class | 243 |
24 On Security and Survival | 255 |
Back Matter | 261 |
Back Cover | 277 |
Spine | 278 |
Common terms and phrases
Adam Smith advance advertising affluence affluent society Alfred Marshall American American liberal attitudes automobiles become behavior business cycle businessman capacity capital central tradition century Class competitive concern conflict conservatives consumer consumer debt conventional wisdom corporation cost David Ricardo debt decline demand depends depression economic security economists effect efficiency effort equality expanding fact firms fiscal policy goal growth Houghton Mifflin ideas income tax increased output increased production individual industry inequality inflation insecurity interest investment Keynes Keynesian labor force less liberal Malthus marginal Marx matter measure ment modern monetary policy nomic political poor poverty preoccupation prestige private production problem public services R. H. TAWNEY reason reduce regarded remains result Ricardo rich social balance Social Darwinism Social Darwinists spending stability supply survival tendency things thought tion unem unemployment United urgency wages want creation wealth workers