We live surrounded by a systematic appeal to a dream world which all mature, scientific reality would reject. We, quite literally, advertise our commitment to immaturity, mendacity and profound gullibility. It is as the hallmark of the culture. And it is justified as being economically indispensable.
John Kenneth GalbraithAccording to the experience of all but the most accomplished jugglers, it is easier to keep one ball in the air than many.
John Kenneth GalbraithIt is a commonplace of modern technology that problems have solutions before there is knowledge of how they are to be solved.
John Kenneth GalbraithI talked about the consolidation of power in the hands of the corporate bureaucracy, as distinct from the stockholders. To this view, I still strongly adhere.
John Kenneth GalbraithThe inborn instability of capitalism has been part of the history of the system for several hundred years, including recurrent speculative episodes. There should be no doubt in anyone's mind that we're now having another one of those speculative episodes.
John Kenneth Galbraith