John Kenneth Galbraith's classic investigation of private wealth and public poverty in postwar America.
With customary clarity, eloquence, and humor, Harvard economist John Kenneth Galbraith gets at the heart of what economic security means in
The Affluent Society
.
Warning against individual and societal complacence about economic inequity, he offers an economic model for investing in public wealth that challenges “conventional wisdom” (a phrase he coined that has since entered our vernacular) about the long-term value of a production-based economy and the true nature of poverty. Both politically divisive and remarkably prescient,
is as relevant today on the question of wealth in America as it was in 1958.