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The Affluent Society Revisited
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The Affluent Society Revisited

Mike Berry

Abstract

This book looks at the background to and causes of the global economic crisis that erupted in 2008 and is with us still. It does this by revisiting a classic book of the past, John Kenneth Galbraith’s The Affluent Society. Each chapter takes a major theme of his book, distils Galbraith’s arguments and then discusses to what extent they cast light on current developments, both in the developed economies and in the economics discipline. The themes include: inequality, insecurity, inflation, debt, consumer behaviour, ‘financialisation’, the economic role of government (‘social balance’), the powe ... More

Keywords: Economic crisis, Affluence, Globalisation, Financialisation, Galbraith, Power, Inequality, Debt, Insecurity, Policy

Bibliographic Information

Print publication date: 2013 Print ISBN-13: 9780199686506
Published to Oxford Scholarship Online: January 2014 DOI:10.1093/acprof:oso/9780199686506.001.0001

Authors

Affiliations are at time of print publication.

Mike Berry, author
Emeritus Professor, RMIT University