Quote by John Kenneth Galbraith

We can safely abandon the doctrine of the eighties, namely that the rich were not working because they had too little money, the poor because they had much.


We can safely abandon the doctrine of the eighties, namely t

Summary

This quote suggests that the perception from the 1980s, where it was believed that the rich were not motivated to work harder due to their wealth, while the poor lacked motivation due to their impoverished state, is no longer valid. It implies that the assumption of material wealth as the sole factor influencing someone's work ethic or motivation is flawed. This quote encourages a reevaluation of assumptions about socioeconomic status and challenges the notion that money alone determines one's work habits or productivity.

By John Kenneth Galbraith
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