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Both we and the Soviets face the common threat of nuclear destruction and there is no likelihood that either capitalism or communism will survive a nuclear war.
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
Common
Communism
Faces
Survive
War
Capitalism
Nuclear
Threat
Destruction
Either
Soviets
Face
Likelihood
More quotes by John Kenneth Galbraith
In the affluent society, no useful distinction can be made between luxuries and necessities.
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The modern corporation must manufacture not only goods but the desire for the goods it manufactures.
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Foreign policy is conducted for the convenience and enjoyment of people in Washington.
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Inventions that are not made, like babies that are not born, are rarely missed.
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If people are hungry, ill-clad, unsheltered or diseased, nothing is so important as to remedy their condition.
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One man's consumption becomes his neighbor's wish.
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A businessman who reads Business Week is lost to fame. One who reads Proust is marked for greatness.
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This is a world inhabited not by people who have to be persuaded to believe but by people who want an excuse to believe.
John Kenneth Galbraith
There are times in politics when you must be on the right side and lose.
John Kenneth Galbraith
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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Increasingly in recent times we have come first to identify the remedy that is most agreeable, most convenient, most in accord with major pecuniary or political interest, the one that reflects our available faculty for action then we move from the remedy so available or desired back to a cause to which that remedy is relevant.
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All writers know that on some golden mornings they are touched by the wand they are on intimate terms with poetry and cosmic truth. I have experienced these moments myself. Their lesson is simple: It's a total illusion. And the danger in the illusion is that you will wait for those moments.
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A good rule of conversation is never answer a foolish question.
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A very complicated mass of things influences the economy - the speculative effect, government policy, consumer borrowing and spending, the level of technical innovation (which I concede, although everyone emphasizes it too much), and much more - including, of course, the rate of inflation.
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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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People who are in a fortunate position always attribute virtue to what makes them so happy.
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In economics it is a far, far wiser thing to be right than to be consistent
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In dealing with Mr. Nixon, it is not easy to be unfair. He invites and justifies all available criticism.
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Anyone who says he won't resign four times, will.
John Kenneth Galbraith
I am for a close global association in trade and financial matters, rather than the opposite possibility of excessive nationalism, as manifested in the two world wars.
John Kenneth Galbraith
