Friday, June 18, 2021

J.K. Galbraith and the cult of economic growth — Nick Johnson

Nick Johnson looks at The Affluent Society,  which was prescient in foreseeing the rise of consumerism by manufacturing demand using marketing and advertising as the newest form of "bread and circuses" serving to channel public attention. This eventually lead to absorption in celebrity, where a significant portion of celebrity wealth was generated through advertising.

The Political Economy of Development
J.K. Galbraith and the cult of economic growth
Nick Johnson

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