Funding the Future

Private wealth, public squalor?


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John Kenneth Galbraith’s The Affluent Society asked a question that still matters: how can we live with private luxury alongside public squalor? In this video, I explore why Galbraith was right about how markets manufacture wants, and why public goods are neglected. From billionaire rockets to broken hospitals, his warning is as urgent today as it was in 1958.

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Funding the FutureBy Richard Murphy