This is an analysis of why the poor countries of the world stay that way and what they can do to improve their situation.
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The Galbraith incisibeness, clarity, and wit are here brought to bear on the central aspects of the most important economic and social probelms of our time. The Nature of Mass Poverty proceeds from the author's conviction that most explanations of conditions in poor countries do not explain. They reflect, instead, the experience of the rich countries. Or they create cause out of cure. Capital and technical expertise being available from the rich countries, shortage of these becomes the cause of povery in the poor.
John Kenneth Galbraith is the former Paul M. Warburg Professor of Economics at Harvard, a past President of the American Economic Association, and a long-time student of and former Ambassador to India.
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