Money is what fueled the industrial society. But in the informational society, the fuel, the power, is knowledge. One has now come to see a new class structure divided by those who have information and those who must function out of ignorance. This new class has its power not from money, not from land, but from knowledge.
John Kenneth GalbraithIt is possible that people need to believe they are unmanaged if they are to be managed effectively.
John Kenneth GalbraithThere is a common tendency to ignore the poor or to develop some rationalisation for the good fortune of the fortunate.
John Kenneth GalbraithA very complicated mass of things influences the economy - the speculative effect, government policy, consumer borrowing and spending, the level of technical innovation (which I concede, although everyone emphasizes it too much), and much more - including, of course, the rate of inflation.
John Kenneth Galbraith