Jump to ContentJump to Main Navigation
The Affluent Society Revisited$
Users without a subscription are not able to see the full content.

Mike Berry

Print publication date: 2013

Print ISBN-13: 9780199686506

Published to Oxford Scholarship Online: January 2014

DOI: 10.1093/acprof:oso/9780199686506.001.0001

Show Summary Details
Page of

PRINTED FROM OXFORD SCHOLARSHIP ONLINE (oxford.universitypressscholarship.com). (c) Copyright Oxford University Press, 2021. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in OSO for personal use. date: 04 August 2021

Switching Tracks

Switching Tracks

(p.140) 11 Switching Tracks
The Affluent Society Revisited

Mike Berry

Oxford University Press

Having laid out his critique of the economics of his day – and the policies to which it led – Galbraith felt obliged to offer some indicators as to what should be done and how. He has two main suggestions. First, he argues, it is necessary to cut the link between security and growth, to find ways of providing a basic standard of living not tied to employment. Second, the taxation system must be radically reformed in order to right the social balance between private and public production of goods and services; in particular, the tricks of income tax avoidance favouring the wealthy should be ended and the indirect taxes levied on consumption generalized. The resulting growth in tax revenues can then be used to adequately fund necessary public services. Clearly, recent history had not moved in these directions; this chapter looks at why.

Keywords:   Income taxation, indirect taxation, social balance, consumption, minimum income, hypothecation

Oxford Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs , and if you can't find the answer there, please contact us .