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Essay / Research Paper Abstract
This is a 3 page paper on economist John Kenneth Galbraith. Canadian-born economist John Kenneth Galbraith (1908- ) has long been considered as “America’s leading public intellectual”. Besides being a government and economic advisor to Presidents Roosevelt, Kennedy and Johnson, Galbraith has written a great deal about the destructiveness of capitalism and consumerism within American society; a perspective which is not only controversial but not well accepted by the monopolies and big businesses of today. More recently, Galbraith has taken a stance against the growing concern of globalization and believes that too is destructive to the poor within society. Today, Galbraith considers American democracy to be one of “a democracy of the fortunate” and since the collapse of several of the large monopolies, like Enron, is aware that his book “The Affluent Society” written in 1958 could be as relevant in today’s world as it was almost fifty years ago.
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Page Count:
3 pages (~225 words per page)
File: D0_TJJKGal1.rtf
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Unformatted sample text from the term paper:
Roosevelt, Kennedy and Johnson, Galbraith has written a great deal about the destructiveness of capitalism and consumerism within American society; a perspective which is not only controversial but not well
accepted by the monopolies and big businesses of today. More recently, Galbraith has taken a stance against the growing concern of globalization and believes that too is destructive to the
poor within society. Today, Galbraith considers American democracy to be one of "a democracy of the fortunate" and since the collapse of several of the large monopolies, like Enron, is
aware that his book "The Affluent Society" written in 1958 could be as relevant in todays world as it was almost fifty years ago.
Galbraith was born in Ontario and received his first degree in agricultural economics from the University of Guelph and moved to California to get his M.A. and Ph.D. from
the University of California in Berkeley. Throughout his professional career Galbraith has been an advisor to Presidents Roosevelt, Kennedy and Johnson in addition to a position which ranged from being
a tutor at Harvard University (1934-1939), a Research Fellow at Cambridge University (1937), an Assistant Professor in Economics at Princeton University (1939), was in the Office of Price Administration (1941-1943,
was the Director of the Office of Economic Security Policy and the State Department (1945) and was the Ambassador to India (1962-1963) among other impressive accomplishments (Guardian, 2002). Galbraith has
published over thirteen texts which include "The Great Crash" (1955), "The Affluent Society" (1958), "The Liberal Hour", "Made to Last" (1964), "The New Industrial State" (1967) and more recently, "The
Good Society: The Humane Agenda" (1996), and "Letters to Kennedy" (1998). Galbraiths first influential work was "The Affluent Society" published in 1958 and some believed it contributed to some degree
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