John Kenneth Galbraith Quotes

If the world is lucky enough to enjoy peace, it may one day make the discovery, to the horror of doctrinaire free-enterprisers and doctrinaire planners alike, that what is called capitalism and what is called socialism are both capable of working quite well.

Politics is not the art of the possible. It consists in choosing between the disastrous and the unpalatable.

I was brought up in southwestern Ontario where we were taught that Canadian patriotism should not withstand anything more than a five-dollar-a-month wage differential. Anything more than that and you went to Detroit.

Nothing is so admirable in politics as a short memory.

It is a far, far better thing to have a firm anchor in nonsense than to put out on the troubled sea of thought.

The ideas that interpreted capitalism, at least in its early stages, were relatively candid. The ideas that justified colonialism have never been candid. There is nothing remarkable about this. On many matters men sense that the underlying reasons for action are best concealed. Conscience is better served by a myth. And to persuade others one […]

Meetings are indispensable when you don’t want to do anything.

Exercising a further and major claim on both landlord and worker was the state. Power ran from the ruler to the landlord, from the landlord to the rural worker. As power flowed down, income extracted thereby flowed up. It’s a rule worth having in mind. Income almost always flows along the same axis as power […]

People are the common denominator of progress. So… no improvement is possible with unimproved people, and advance is certain when people are liberated and educated. It would be wrong to dismiss the importance of roads, railroads, power plants, mills, and the other familiar furniture of economic development… But we are coming to realize… that there […]

When people are the least sure, they are often the most dogmatic.