The urge to consume is fathered by the value system which emphasizes the ability of the society to produce.
John Kenneth GalbraithPartly, the Russian system succeeds because, in contrast to the Western industrial economies, it makes full use of its manpower.
John Kenneth GalbraithAll crises have involved debt that, in one fashion or another, has become dangerously out of scale in relation to the underlying means of payment.
John Kenneth GalbraithConsumer wants can have bizarre, frivolous, or even immoral origins, and an admirable case can still be made for a society that seeks to satisfy them. But the case cannot stand if it is the process of satisfying wants that create the wants.
John Kenneth Galbraith