GALBRAITH (John Kenneth).

The Culture of Contentment.

First UK edition. 8vo. ix, [3], 195 pp. Original red cloth, spine lettered and ruled in gilt, dust jacket. A fine copy. London, Sinclair-Stevenson Ltd, 1992.

£50.00

‘A major work by American’s most famous economist, The Culture of Contentment is John Kenneth Galbraith’s long-awaited response to the political and economic condition in the West today. He traces the growth of a new, stultifying contentment in our society, with particular reference to the self-serving economic comfort achieved by the fortunate and politically dominant community during the 1980s, and contrasts this to the condition of the under-class, which is now stalled in poverty. In his distinct and vigorous prose, Professor Galbraith analyses the causes and bi-products of the current stasis, including short-term thinking and investment, the government being seen as a burden, corporate sclerosis and the dark side of financial speculation’ (dust jacket blurb).

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247723