John Kenneth Galbraith: The Economist as Political Theorist is a comprehensive analysis of John Kenneth Galbraith’s political economy, placing him within the development and evolution of twentieth century American liberalism. This book examines the continuing link between politics and economics in American political discourse by locating Galbraith in a framework of liberal and conservative theory, controversy, alternatives, and policy.
By analyzing Galbraith’s complex arguments, Waligorski addresses important issues about the content and nature of American political thought and policy conflict-including freedom, equality, inequality, individualism, democracy, the legitimate role of government, the nature of a good society, the structure of modern capitalism, and the failure of contemporary economic theory to serve as a guide to a better life. Many of the issues that drive contemporary politics today are simultaneously political, economic, and ideological. As an economist, political theorist, and cultural critic, Galbraith epitomizes this interconnection.