Essential Galbraith

THE ESSENTIAL GALBRAITH includes key selections from the most important works of John Kenneth Galbraith, one of the most distinguished writers of our time - from THE AFFLUENT SOCIETY, the groundbreaking book in which he conined the tern "conventional wisdom," to THE GREAT CRASH, an unsurpassed account of the events that triggered America's worst economic crisis. Galbraith's new introductions place the works in their historical moment and make clear their enduring relevance for the new century. THE ESSENTIAL GALBRAITH will delight old admirers and introduce one of our most beloved writers to a new generation of readers. It is also an indispensable resource for scholars and students of economics, history, and politics, offering unparalleled access to the seminal writings of an extraordinary thinker.

Preface	p. vii
Introduction	p. ix
Countervailing Power	p. 1
From American Capitalism The Concept of the Conventional Wisdom	p. 18
From The Affluent Society The Myth of Consumer Sovereignty	p. 31
From The Affluent Society The Case for Social Balance	p. 40
From The Affluent Society The Imperatives of Technology	p. 55
From The New Industrial State The Technostructure	p. 66
From The New Industrial State The General Theory of Motivation	p. 79
From The New Industrial State Economics and the Quality of Life	p. 90
From Economics, Peace and Laughter The Proper Purpose of Economic Development	p. 109
From Economics, Peace and Laughter The Valid Image of the Modern Economy	p. 118
From Annals of an Abiding Liberal Power and the Useful Economist	p. 134
From Annals of an Abiding Liberal The Founding Faith: Adam Smith's Wealth of Nations	p. 153
From Annals of an Abiding Liberal The Massive Dissent of Karl Marx	p. 169
From The Age of Uncertainty Who Was Thorstein Veblen?	p. 200
From Annals of an Abiding Liberal The Mandarin Revolution	p. 224
From The Age of Uncertainty How Keynes Came to America	p. 236
From Economics, Peace and Laughter The Speculative Episode	p. 249
From A Short History of Financial Euphoria In Goldman, Sachs We Trust	p. 255
From The Great Crash, 1929 The Crash	p. 275
From The Great Crash, 1929 Things Become More Serious	p. 292
From The Great Crash, 1929 The Unfinished Business of the Century	p. 307
Speech given at the London School of Economics, 1999 Sources	p. 315
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