This book traces the course of America's current sense of contentment, stemming from the economic comfort achieved by the fortunate, politically dominant community during the Reagan-Bush era of the 1980s. Galbraith focuses on the results of this stasis, including short-term thinking and investment, government as a burden, and corporate sclerosis. The author also explores international issues, such as the parallels between the denial of trouble in Eastern Europe and problems unrecognized in America. This book is a groundbreaking assessment of the future of America.
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"The Culture of Contentment's core message about rising inequality, lessened economic mobility, and the serene self-satisfaction of those favored by such has been echoed and amplified endlessly in the last decade but rarely so elegantly and deftly."--Richard Parker, Harvard Kennedy School
John Kenneth Galbraith who was born in 1908, is the Paul M. Warburg Professor of Economics Emeritus at Harvard University and a past president of the American Academy of Arts and Letters. He is the distinguished author of thirty-one books spanning three decades, including The Affluent Society, The Good Society, and The Great Crash. He has been awarded honorary degrees from Harvard, Oxford, the University of Paris, and Moscow University, and in 1997 he was inducted into the Order of Canada and received the Robert F. Kennedy Book Award for Lifetime Achievement. In 2000, at a White House ceremony, he was given the Presidential Medal of Freedom. He lives in Cambridge, Massachusetts.
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