John Kenneth Galbraith The affluent society and other writings, 1952-1967 : American capitalism, The Great Crash, 1929, The affluent society, The new Industrial state
Main Author: | Galbraith, John Kenneth, 1908-2006. |
---|---|
Other Authors: | Galbraith, James K. |
Format: | Books Print Book |
Language: | English |
Published: |
New York, NY :
Library of America,
c2010.
|
Subjects: |
Item Description: |
Includes chronology, notes, and index. |
---|---|
Physical Description: |
1098 p. ; 21 cm. |
ISBN: |
9781598530773 : 1598530771 : |
Author Notes: |
Galbraith believes that it is not sufficient for government to manage the level of effective demand; government must manage the market itself. Galbraith stated in American Capitalism (1952) that the market is far from competitive, and governments and labor unions must serve as "countervailing power." He believes that ultimately "producer sovereignty" takes the place of consumer sovereignty and the producer - not the consumer - becomes ruler of the marketplace. (Bowker Author Biography) |