Economics Dictionary of Arguments

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 Affluent Society - Economics Dictionary of Arguments
 
Affluent Society: The term "Affluent Society" in economics, coined by economist John Kenneth Galbraith, refers to a society characterized by high levels of wealth and consumer goods. In such societies, basic needs are generally met, and attention shifts toward luxury, convenience, and quality of life. Galbraith argued that economic policy should address social welfare and inequality despite overall prosperity. See also J. K. Galbraith.
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Annotation: The above characterizations of concepts are neither definitions nor exhausting presentations of problems related to them. Instead, they are intended to give a short introduction to the contributions below. – Lexicon of Arguments.
 
Author Item    More concepts for author
 
Galbraith, John Kenneth Affluent Society   Galbraith, John Kenneth

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Ed. Martin Schulz, access date 2026-05-17