John Kenneth Galbraith was Paul M. Warburg Professor of Economics, Emeritus, at Harvard University.

Piously but astutely, Galbraith hits the shared American and Soviet penchant for ignoring historical evolution in their rush to implant advanced capitalism or socialism in infant nations’ economies. He lucidly shows how newly free nations with self-governing urges confound ‘imperialist’ politics. Finally, he assails the tragic stupidities inherent in U.S. and Soviet arms sales to poor countries, to conclude with prayers for the future.

• 1. Of Wealth and Wisdom 2. The Constraints of Historical Process 3. The Second Imperial Requiem 4. The Military Nexus 5. Historical Process and the Rich Index

John Kenneth Galbraith was Paul M. Warburg Professor of Economics, Emeritus, at Harvard University.

Piously but astutely, Galbraith hits the shared American and Soviet penchant for ignoring historical evolution in their rush to implant advanced capitalism or socialism in infant nations’ economies. He lucidly shows how newly free nations with self-governing urges confound ‘imperialist’ politics. Finally, he assails the tragic stupidities inherent in U.S. and Soviet arms sales to poor countries, to conclude with prayers for the future.

• 1. Of Wealth and Wisdom 2. The Constraints of Historical Process 3. The Second Imperial Requiem 4. The Military Nexus 5. Historical Process and the Rich Index

John Kenneth Galbraith was Paul M. Warburg Professor of Economics, Emeritus, at Harvard University.

Piously but astutely, Galbraith hits the shared American and Soviet penchant for ignoring historical evolution in their rush to implant advanced capitalism or socialism in infant nations’ economies. He lucidly shows how newly free nations with self-governing urges confound ‘imperialist’ politics. Finally, he assails the tragic stupidities inherent in U.S. and Soviet arms sales to poor countries, to conclude with prayers for the future.

• 1. Of Wealth and Wisdom 2. The Constraints of Historical Process 3. The Second Imperial Requiem 4. The Military Nexus 5. Historical Process and the Rich Index