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We can safely abandon the doctrine of the eighties, namely that the rich were not working because they had too little money, the poor because they had much.
John Kenneth Galbraith
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John Kenneth Galbraith
Age: 97 †
Born: 1908
Born: October 15
Died: 2006
Died: April 29
Diplomat
Economist
Non-Fiction Writer
Politician
University Teacher
John K. Galbraith
Much
Doctrine
Economy
Rich
Working
Eighties
Poor
Safely
Money
Namely
Littles
Eighty
Little
Abandon
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The modern corporation must manufacture not only goods but the desire for the goods it manufactures.
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One can relish the varied idiocy of human action during a panic to the full, for, while it is a time of great tragedy, nothing is being lost but money.
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Anyone who says he won't resign four times, will.
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Humor is richly rewarding to the person who employs it. It has some value in gaining and holding attention, but it has no persuasive value at all.
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In the autumn of 1929 the mightiest of Americans were, for a brief time, revealed as human beings.
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I react to what is necessary. I would like to eschew any formula.
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You roll back the stones, and you find slithering things. That is the world of Richard Nixon.
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Franklin Delano Roosevelt and J.F Kennedy were Presidents in very different times.
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The modern conservative is engaged in one of man's oldest exercises in moral philosophy that is, the search for a superior moral justification for selfishness.
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For the sake of The Progressive, I will say that [Robert] La Follette was relevant, but he was the last.
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There's no question that in my lifetime, the contrast between what I called private affluence and public squalor has become very much greater.
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The foresight of financial experts was, as so often, a poor guide to the future.
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There's a certain part of the contented majority who love anybody who is worth a billion dollars.
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No one was responsible for the great Wall Street crash. No one engineered the speculation that preceded it. Both were the product of free choice and decision of hundreds of thousands of individuals.
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It takes some skill to spoil a breakfast - even the English can't do it.
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Who is king in the world of the blind when there isn't even a one eyed man?
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I was brought up in southwestern Ontario where we were taught that Canadian patriotism should not withstand anything more than a five-dollar-a-month wage differential. Anything more than that and you went to Detroit.
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Emancipation of belief is the most formidable of the tasks of reform and the one on which all else depends.
John Kenneth Galbraith
