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Your assignment is to prepare and submit a paper on the affluent society by john kenneth galbraith review.
Your assignment is to prepare and submit a paper on the affluent society by john kenneth galbraith review. His work was criticized to have flaws, which is obvious for most social scientists, yet his work remains true and practical even today. He was accused of wrongly predicting a great out of control unemployment and inflation rate. Silent Spring, a book which is held responsible for initiating the American environmental move, came four years after Galbraith wrote about the plight of consumerism was a threat to the environment and hence, there should be an increase in creating awareness about the environment (Galbraith, 2010, p.114). Fifty years ago when ‘The Affluent Society’ was published for the very first time it was a strong written attack against the situation of that time period. In 1958 America was in a period of economic boom post Second World War and the conservative view was that the economy was prospering and flourishing. This provoked the Harvard economics professor Galbraith to introduce the term ‘conventional wisdom’ which was meant to describe and explain the bandwagon view that was prevalent at that time (Galbraith, 2010, p.6 &. Meissner, 1966, 31).
