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J.K. Galbraith and the cult of economic growth — Nick Johnson

Summary:
Nick Johnson looks at The Affluent Society,  which was prescient in foreseeing the rise of consumerism by manufacturing demand using marketing and advertising as the newest form of "bread and circuses" serving to channel public attention. This eventually lead to absorption in celebrity, where a significant portion of celebrity wealth was generated through advertising.The Political Economy of DevelopmentJ.K. Galbraith and the cult of economic growthNick Johnson

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Nick Johnson looks at The Affluent Society,  which was prescient in foreseeing the rise of consumerism by manufacturing demand using marketing and advertising as the newest form of "bread and circuses" serving to channel public attention. This eventually lead to absorption in celebrity, where a significant portion of celebrity wealth was generated through advertising.

The Political Economy of Development
J.K. Galbraith and the cult of economic growth
Nick Johnson

Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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