The Nature of Mass Poverty

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The Nature of Mass Poverty

By John Kenneth Galbraith
Harvard University Press, 1979
150 pp. $8.95
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In his best book in some time, Professor Galbraith shows why the acceptance of poverty is so dominant a reason for its perpetuation. While some individuals who break out can improve themselves as farmers, industrialization is essential to provide jobs and opportunities for the others. And while effective government is required for some things, planning puts too great a demand on the scarcest resource, administrative talent and knowledge. "For the poor country the entrepreneur and the market are inevitable." Socialism can come later. This challenging book ends with a provocative celebration of migration as a practice that helps those who go, the places they go to, and those who are left behind.

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