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The Political Economy of Opulence

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The Political Economy of Opulence
Author(s)Johnson, Harry G.
AbstractJohnson develops some of John Kenneth Galbraith’s central points regarding consumption and the economic difficulties that relate to it. John Kenneth Galbraith argues in “The Affluent Society” that many Western countries have solved the problems of scarcity that concerned classical economic theorists. However, as productivity and output rose, so did a new set of economic difficulties which were related to a change in the nature of consumption.
Pages164-177
IssueNo
ArticleAccess to Article Summary Article
SourceMoney, Trade, and Economic Growth
VolumeNo
PubDate1967
ISBN_ISSN674585011

Frontier Issues in Economic Thought

  • Volume 1: A Survey of Ecological Economics
  • Volume 2: The Consumer Society
  • Volume 3: Human Well-Being and Economic Goals
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  • Volume 5: The Political Economy of Inequality
  • Volume 6: A Survey of Sustainable Development


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