By all but the pathologically romantic, it is now recognized that this is not the age of the small man.

-John Kenneth Galbraith
John Kenneth Galbraith

From the fact of general well-being came the new position of the poor. They were now in most communities a minority. The voice of the people was now the voice of relative affluence. Politicians in pursuit of votes could be expected to have a diminishing concern for the very poor. Compassion would have to serve instead - an uncertain substitute.

John Kenneth Galbraith
No politician can praise unemployment or inflation, and there is no way of combining high employment with stable prices that does not involve some control of income and prices. Otherwise the struggle for more consumption and more income to sustain it-a struggle that modern corporations, modern unions and modern democracy all facilitate and encourage-will drive up prices. Only heavy unemployment will then temper this upward thrust. Not many wish to confront the truth that the modern economy gives a choice only between inflation, unemployment, or controls.
John Kenneth Galbraith

THE INDUSTRIAL SYSTEM requires that prices be under effective control. And it seeks the greatest possible influence over what buyers take at the established prices.

John Kenneth Galbraith
Conscience is better served by a myth.
John Kenneth Galbraith

Private enterprise did not get us atomic energy.

John Kenneth Galbraith
We now in the United States have more security guards for the rich than we have police services for the poor districts. If you're looking for personal security, far better to move to the suburbs than to pay taxes in New York.
John Kenneth Galbraith

A businessman who reads Business Week is lost to fame. One who reads Proust is marked for greatness.

John Kenneth Galbraith
One must always have in mind one simple fact - there is no literate population in the world that is poor, and there is no illiterate population that is anything but poor.
John Kenneth Galbraith

More die in the United States of too much food than of too little.

John Kenneth Galbraith
Foresight is an imperfect thing - all prevision in economics is imperfect.