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Examines the causes, effects, and long-term consequences of America's infamous financial meltdown, showing how rampant speculation and blind optimism sustained a market mania, and led to its terrible downward spiral. This book describes the people and corporations at the heart of the financial community, and how they were affected by the disaster.
John Kenneth Galbraith writes about what advice the poor nations (as, avoiding euphemism, he calls them) ought to offer to the more fortunate countries. In this little book there are essential lessons to ponder-for the governments of the rich countries, for those of the poor lands, and for the concerned citizens of both.
A unique document in the history of the Kennedy years, these letters offer a firsthand look at the working relationship between a president and one of his close advisers, John Kenneth Galbraith. Here is an intimate picture of the lives and minds of a political intellectual and an intellectual politician during a rich moment in American history.
With searing wit and incisive commentary, John Kenneth Galbraith redefined America's perception of itself in The New Industrial State, one of his landmark works. The United States is no longer a free-enterprise society, Galbraith argues, but a structured state controlled by the largest companies. Advertising is the means by which these companies manage demand and create consumer "e;need"e; where none previously existed. Multinational corporations are the continuation of this power system on an international level. The goal of these companies is not the betterment of society, but immortality through an uninterrupted stream of earnings. First published in 1967, The New Industrial State continues to resonate today.
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