Class Quote by John Kenneth Galbraith
“Money is what fueled the industrial society. But in the informational society, the fuel, the power, is knowledge. One has now come to see a new class structure divided by those who have information and those who must function out of ignorance. This new class has its power not from money, not from land, but from knowledge.”
About This Quote
Industrial economies relied on capital; knowledge economies rely on information, creating a new class divide between those who possess data and those who lack it.
In simple terms: Knowledge now powers society.
Key Takeaway
Information access defines modern class structure.
Themes
knowledge economy
information inequality
class
technology
Mood
analytical
concerned
Type
economic analysis
social commentary
When to use this quote
- tech hiring
- education policy
- media literacy programs
Key Concepts
digital divide
social stratification
Practical Applications
- Invest in universal digital education
- Promote open data initiatives
Questions to Reflect On
- How can societies bridge the information gap?
- What role does wealth play in a knowledge‑driven economy?
A Different Perspective
Knowledge alone is insufficient without the means to apply it; economic capital still matters.
