AMERSTD 101 Chapter 1: John Galbraith, Affluent society
Document Summary
Final problem of a productive society is what it produces. Roughly divides the marketed and produced goods and services from publicly rendered services. But our wealth in privately produced goods is, to a marked degree, the cause of crisis in the supply of public services failed to see the importance, indeed the urgent need, of maintaining a balance between the two. Discussion of public poverty and opulence of privately produced goods. Improvements of public systems would maximize society opportunities of private luxury goods. There were attacks on the expansion of public services (notion that they were excessive) People felt free with the idea of using their income with the freedom of choice. Feel sacrifice for unity with paying taxes for schools. Funds used for defence that absorb funds out of public services.