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John Kenneth Galbraith Quotes: THE INDUSTRIAL SYSTEM requires that prices be under effective control. And it seeks the greatest possible influence over what buyers take at the established prices.
         

THE INDUSTRIAL SYSTEM requires that prices be under effective control. And it seeks the greatest possible influence over what buyers take at the established prices.


John Kenneth Galbraith
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"John Kenneth Galbraith Quotes." Quoteslyfe.com, 2024. Wed. 25 Dec. 2024. <https://www.quoteslyfe.com/quote/THE-INDUSTRIAL-SYSTEM-requires-that-prices-be-741059>.





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Other quotes of John Kenneth Galbraith


The modern conservative is engaged in one of man's oldest exercises in moral philosophy; that is, the search for a superior moral justification for selfishness.

The modern conservative is engaged in one of man's oldest exercises in moral philosophy; that is, the search for a superior moral justification for selfishness.



Oligopoly is an imperfect monopoly. Like the despotism of the Dual Monarchy, it is saved only by its incompetence.

Oligopoly is an imperfect monopoly. Like the despotism of the Dual Monarchy, it is saved only by its incompetence.



Under capitalism, man exploits man. Under communism, it's just the opposite.

Under capitalism, man exploits man. Under communism, it's just the opposite.



But there is merit even in the mentally retarded legislator. He asks the questions that everyone is afraid to ask for fear of seeming simple.

But there is merit even in the mentally retarded legislator. He asks the questions that everyone is afraid to ask for fear of seeming simple.



Economics is extremely useful as a form of employment for economists.

Economics is extremely useful as a form of employment for economists.



If all else fails immortality can always be assured by adequate error.

If all else fails immortality can always be assured by adequate error.



The process by which banks create money is so simple that the mind is repelled.

The process by which banks create money is so simple that the mind is repelled.



There is certainly no absolute standard of beauty. That precisely is what makes its pursuit so interesting.

There is certainly no absolute standard of beauty. That precisely is what makes its pursuit so interesting.



Simple minds, presumably, are the easiest to manage.

Simple minds, presumably, are the easiest to manage.



Every corner of the public psyche is canvassed by some of the most talented citizens to see if the desire for some merchandisable product can be cultivated.

Every corner of the public psyche is canvassed by some of the most talented citizens to see if the desire for some merchandisable product can be cultivated.





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Mariam saw now the sacrifices a mother made. Decency was but one.

Mariam saw now the sacrifices a mother made. Decency was but one.



If you let fear make decisions for you, fear will make good decisions - but only for its own sake, not yours. p. 161

If you let fear make decisions for you, fear will make good decisions - but only for its own sake, not yours. p. 161



There is such a thing as too much couth.

There is such a thing as too much couth.



The sole advantage of power is that you can do more good.

The sole advantage of power is that you can do more good.



The God that reigns in Olympus is Number Eternal.

The God that reigns in Olympus is Number Eternal.



You are that what you cannot lose.

You are that what you cannot lose.



To remind me, pain is the best teacher

To remind me, pain is the best teacher



When people accept breaking the law as normal, something happens to the whole society.

When people accept breaking the law as normal, something happens to the whole society.



If you're using live bass versus orchestral bass, you've got to make sure that you're not stepping on the toes of the other elements, so you've got to balance it out.

If you're using live bass versus orchestral bass, you've got to make sure that you're not stepping on the toes of the other elements, so you've got to balance it out.



It was like orderin a hamburger and getting only the buns

It was like orderin a hamburger and getting only the buns




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This page presents the quote "THE INDUSTRIAL SYSTEM requires that prices be under effective control. And it seeks the greatest possible influence over what buyers take at the established prices.". Author of this quote is John Kenneth Galbraith. This quote is about influence, buyers,.