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Most helpful customer reviews
2 of 2 people found the following review helpful
5.0 out of 5 stars
A Treatise for Economic Justice,
By Dale Woloshin (Ottawa, ON, Canada) - See all my reviews
This review is from: The Good Society: The Humane Agenda (Paperback)
This book is on my short shelf of most important books of this era, in that Galbraith takes the work of his earlier economic analyses over many books, and gives an all-humanity based outline to consider for the 21st century.Those who dismiss this book as non-economic I fear are stuck within narrow definitions, as opposed to the more human-based origins of the word economics (from oikonomia, home management). It is this narrow definition that is prone to the boom-bust cycles Galbraith discusses in earlier historical works on the history of modern economics, and is part ofthe current recessional problem. This book is a cry for human-based economics, and would be a good book study or resource for businesses, community organizations, or churches around North America.
4.0 out of 5 stars
A practical advocate for a more humane economy,
This review is from: The Good Society: The Humane Agenda (Paperback)
Galbraith's main point has less to do with any specific policy than with his belief that rigid ideologues advocate for flawed and potentially dangerous political and economic systems. He argues that capitalism is by far the most responsive and effective economic system given our nature and needs, but that pure market capitalism comes up short in many significant respects. He does exhibit his own bias in some chapters when he ignores matters of degree in favor of more dramatic claims, but his proposals are not controversial by most standards-we need a safety net, environmental regulation is necessary, etc. I couldn't relate to most of the negative reviews/remarks here. Among them: Galbraith, onetime speechwriter for presidents, editor of Fortune magazine, and prolific author, is inarticulate to the point of incoherence; Galbraith, a onetime Harvard economics professor and head of the American Economic Association, lacks any understanding of economics; Galbraith's ideas are silly; etc. This is a book arguing that capitalism must be tempered if it is to serve society well. Someone who believes that environmental regulations, zoning laws, a progressive income tax, and organizations like the SEC are unnecessary impediments to economic growth will have a hard time with Galbraith. Others will likely recognize that the criticisms of capitalism he levels here are, to some debatable extent, legitimate.
1.0 out of 5 stars
Too bad Galbraith isn't much of an economist.,
By
This review is from: The Good Society: The Humane Agenda (Paperback)
Galbraith is a very clear writer. He rarely uses technical jargon or mathematics. But unlike some other popular writers, it isn't because he is able to explain complex phenomena without them. He doesn't appear to understand them. This book reads like a fairy tale or child's letter to Santa Claus. Mr. Galbraith doesn't seem to understand economics well enough to pass economics 101. But he does have an excellent command of the English language.
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