The Satisfaction of Wants

David Reisman

Chapter 5 in Galbraith and Market Capitalism, 1980, pp 72-100 from Palgrave Macmillan

Abstract: Abstract The case for economic growth traditionally reposes in substantial measure on the presumed satisfaction of authentic consumer desires. Galbraith writes: ‘That social progress is identical with a rising standard of living has the aspect of a faith. No society has ever before provided such a high standard of living as ours, hence none is as good.’1

Keywords: Market Capitalism; Consumer Choice; Affluent Society; Consumer Sovereignty; Madison Avenue (search for similar items in EconPapers)
Date: 1980
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-04952-3_5

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DOI: 10.1007/978-1-349-04952-3_5

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