Quote by John Kenneth Galbraith

The great dialectic in our time is not, as anciently and by some still supposed, between capital and labor; it is between economic enterprise and the state.


The great dialectic in our time is not, as anciently and by

Summary

This quote suggests that the main conflict in our contemporary society is not the traditional struggle between capitalists and the working class. Instead, it claims that the true battle lies between economic enterprises, or private businesses, and the government. It implies that the power struggle and tensions that arise in today's world are predominantly centered around the relationship between businesses seeking to operate freely in the market and the state's regulations and interventions.

Topics

Business
By John Kenneth Galbraith
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