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The Satisfaction of Wants

In: Galbraith and Market Capitalism

Author

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  • David Reisman

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

Suggested Citation

  • David Reisman, 1980. "The Satisfaction of Wants," Palgrave Macmillan Books, in: Galbraith and Market Capitalism, chapter 5, pages 72-100, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-04952-3_5
    DOI: 10.1007/978-1-349-04952-3_5
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