"Wealth is not without its advantages and the case to the contrary, although it has often been made, has never proved widely persuasive " First Edition of The Affluent Society; Signed by John Kenneth Galbraith

  • The Affluent Society.

The Affluent Society.

$2,750.00

Item Number: 3855

Boston: Houghton Mifflin Company, 1958.

First edition of the economist’s landmark work. Octavo, original cloth with titles to the spine in silver. Boldly signed by John Kenneth Galbraith on the front free endpaper. Also laid in a signed letter dating from 1966 on Galbraith’s Harvard University letterhead. Fine in a bright near fine dust jacket with light wear. A very sharp example of this book.

John Kenneth Galbraith's breakthrough as a best-selling author came with "The Affluent Society" for which he was honored with the American Economic Association's prestigious presidency. The book also influenced both the Great Society program and the rise of the American "counterculture" in the 1960's. Listed on Modern Library's 100 great nonfiction books of the twentieth century. Galbraith's ideas often addressed the influence of the potential market power of large corporations (Dunn and Pressman, 2005). He believed that corporations could become price makers, rather than price takers, by weakening the accepted principle of consumer sovereignty (Galbraith, 1970). This, in turn, allowed corporations to efficiently increase the production of their goods.

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