Top positive review
18 people found this helpful
Lucid and original
on 22 January 2007
This book is a pleasure to read, is crammed with original ideas and accessible explanations and offers a comprehensive insight into the economic landscape which simply makes a lot of sense. It is a particular joy that Galbraith does not stop at the traditional limits of economic discourse -- whenever he needs to stray into a related subject in order to construct a complete and persuasive explanation then he does so competently and without hesitation.
However, I would also like to mention the relationship between this book and "The New Industrial State" (NIS) which Galbraith wrote some years later. The NIS clearly covers much the same ground, whilst incorporating the further development and refinement of Galbraith's thoughts over the following decade. As a result, the NIS has a broader scope and offers a more complete picture of a modern (as of 1970ish) industrial economy -- but is also a little less accessible and undoubtedly a "heavier" read. If you have read and enjoyed "The Affluent Society", then the NIS would be an excellent next step, in which the ideas presented here are refined and expanded, but "The Affluent Society" is a great place to start.