A Quote by John Kenneth Galbraith
The overall effect of the rise of the industrial system is greatly to reduce the union as a social force. But it will not disappear or become entirely unimportant.
Related Quotes
Industrial jobs are disappearing, and they will continue to disappear owing to productivity gains from automation. Thus, social models that were created to fit industrial and early service economies will no longer be viable. As the industrial workforce shrinks, the social model founded on it will go, too.
The force that is running inside you is the same force running the solar system... the moment you relax from the 'I' the 'other' will disappear... you become 'one' with the truth.
Someday, the capitalist system will disappear in the United States, because no social class system has been eternal. One day, class societies will disappear.
The overall effect of the GEA will be to increase unit production costs, diminish competitiveness, cut the rate of return to capital in key sectors, reduce employment, and make households worse off.
If I write what I feel, it's to reduce the fever of feeling. What I confess is unimportant, because everything is unimportant.
It is possible to point to hundreds, thousands, perhaps even millions of imaginative, courageous programs to reduce, recycle, and reuse - yet the overall trajectory of industrial civilization remains relatively unchanged.
The human race will disappear. Other races will appear and disappear in turn. The sky will become icy and void, pierced by the feeble light of half-dead stars. Which will also disappear. Everything will disappear. And what human beings do is just as free of sense as the free motion of elementary particles. Good, evil, morality, feelings? Pure 'Victorian fictions'. Only egotism exists.
I want to see everyone contribute to the overall costs of the system, and with their entire earnings. I'm convinced that an objective discussion will reveal that the differences between the parties, which have been greatly exaggerated in some quarters, aren't that significant after all.
A fairly clear line separated advertisement from art. ... The first effect of the triumph of the capitalist (if we allow him to triumph) will be that that line of demarcation will entirely disappear. There will be no art that might not just as well be advertisement.
It is the dissimilarities and inequalities among men which give rise to the notion of honor; as such differences become less, it grows feeble; and when they disappear, it will vanish too.
The techno-industrial system is exceptionally tough due to its so-called "democratic" structure and its resulting flexibility. Because dictatorial systems tend to be rigid, social tensions and resistance can be built up in them to the point where they damage and weaken the system and may lead to revolution. But in a "democratic" system, when social tension and resistance build up dangerously the system backs off enough, it compromises enough, to bring the tensions down to a safe level.
Laissez-faire capitalism is the only social system based on the recognition of individual rights and, therefore, the only system that bans force from social relationships.
Man is a moral being, only because he lives in society. Let all social life disappear and morality will disappear with it.
When certain branches of the economy become obsolete, as in the case of the steel industry, not only do jobs disappear, which is obviously a terrible social hardship, but certain cultures also disappear.
I think we'll build a consensus for action on Social Security reform which will reduce that long-term unfunded obligation and put the system on a sustainable basis.
In the coming years, if not sooner, social media will become a powerful tool that consumers will aggressively use to influence business attitudes and force companies into greater social responsibility - and, I suggest, move us towards a more sustainable practice of capitalism.
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