The moral consequences of economic growth will stand as a major contribution to social well being it could not be more timely and welcome john kenneth galbraith author of the affluent society friedmans book renews the proud tradition of adam smiths theory of moral sentiments. The best measure of economic growth friedman argues is how a persons economic status compares with that of their parents if that status overall is growing that is economic growth when such periods of wide spread economic growth occur we become at least collectively if not individually a more moral people. The moral consequences of economic growth benjamin m friedman economic growth has become the secular religion of advancing industrial societies daniel bell the cultural contradictions of capitalism ate them but moral thinking in practically every known culture enjoins us not to place undue emphasis on our material concerns. Issuu is a digital publishing platform that makes it simple to publish magazines catalogs newspapers books and more online easily share your publications and get them in front of issuus . Of course america was built on moral ideals such as liberty social justice tolerance prosperity etc having experienced hard times the usa has been forged in the fire of war brotherhood stability economic growth and partially recession key lessons from the moral consequences of economic growth 1 the great act 2
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