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Smith and Galbraith: Views on Society

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Essay / Research Paper Abstract

This 6 page paper examines positions of these two authors by using Adam Smith's (a.k.a. George Goodman) The Money Game and John Galbraith's The Culture of Contentment. Ideas about the wealthy in society are provided. No additional sources cited.

Page Count:

6 pages (~225 words per page)

File: RT13_SA036rch.rtf

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Unformatted sample text from the term paper:

one can clearly say that that the poor pay more, are not provided opportunities and that the rich simply get richer because of the dichotomy. Critics might say that the authors premise is absurd and that every American has the chance to get rich as proven by up and comers, the entrepreneurs and the mere existence of the many upper middle class families. On the other hand, Galbraith has a point. While it is true that opportunity is offered in America, the fact that there are still poor people provides some fodder for the idea that everyone does not have an equal opportunity. If they did, every citizen would be driving a Porsche. A student writing on this subject will want to state the authors position not just on the state of society, but his views on what can be done about the problems. In fact, Galbraith does not just complain nor does he believe everyone should be driving expensive sports cars. Instead, he has a plan on how the whole society can establish wealth. Take Galbraiths position and juxtapose it to that of Adam Smiths , the financial philosopher who published the 1968 book The Money Game under that pen name, and one can see stark differences. Some have suggested that Smith, whose real name is George Goodman, has a more cynical view of society. Goodman seems to see the world as being greedy and wanting to make money and in The Money Game he reveals how. Yet, Goodman does address macroeconomic issues and warns of the consequences of the stock market, for example. Still, Galbraith is more of a Robin Hood. While there are some similarities between the two authors, there are more differences. The thesis of this paper is that Galbraiths plan is ...

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