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It has been the acknowledged right of every Marxist scholar to read into Marx the particular meaning that he himself prefers and to treat all others with indignation.
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
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University Teacher
John K. Galbraith
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Marx
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More quotes by John Kenneth Galbraith
Private enterprise did not get us atomic energy.
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Nothing is so admirable in politics as a short memory.
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There are days when the result is so bad that no fewer than five revisions are required. In contrast, when I'm greatly inspired, only four revisions are needed.
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Almost every aspect of its (Federal Reserve) history should be approached with a discriminating disregard for what is commonly taught or believed.
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To see economic policy as a problem of choice between rival ideologies is the greatest error of our time.
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Franklin Delano Roosevelt and J.F Kennedy were Presidents in very different times.
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People of privilege will always risk their complete destruction rather than surrender any material part of their advantage.
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Very important functions can be performed very wastefully and often are.
John Kenneth Galbraith
We talk of the enormous virtues of work, but it turns out that that is mostly for the poor. If you're rich enough or if you're a college professor, the virtue lies in leisure and the use you make of your leisure time.
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It takes some skill to spoil a breakfast - even the English can't do it.
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The conspicuously wealthy turn up urging the character building values of the privation of the poor.
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American university presidents are a nervous breed I have never thought well of them as a class.
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Economists are generally negligent of their heroes.
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No solution [to the problem of poverty] is so effective as providing income to the poor. Whether in the form of food, housing, health services, education or money, income is an excellent antidote for deprivation. No truth has spawned so much ingenious evasion.
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In the usual (though certainly not in every) public decision on economic policy, the choice is between courses that are almost equally good or equally bad. It is the narrowest decisions that are most ardently debated.
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It was not hard to persuade people that the market was sound as always in such times they asked only that the dispiriting voices of doubt be muted and that there should be tolerably frequent expressions of confidence.
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Power is as power does.
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There is wonder and a certain wicked pleasure in these giddy ascents and terrible falls, especially as they happen to other people.
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The commencement speech is not, I think, a wholly satisfactory manifestation of our culture.
John Kenneth Galbraith
The study of money, above all other fields in economics, is one in which complexity is used to disguise truth or to evade truth, not to reveal it. The process by which banks create money is so simple the mind is repelled.
John Kenneth Galbraith