In the Wake of the Affluent Society
Author | : Serge Latouche |
Publisher | : Zed Books |
Total Pages | : 276 |
Release | : 1993 |
Genre | : Business & Economics |
ISBN | : 9781856491723 |
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Author | : Serge Latouche |
Publisher | : Zed Books |
Total Pages | : 276 |
Release | : 1993 |
Genre | : Business & Economics |
ISBN | : 9781856491723 |
Author | : John Kenneth Galbraith |
Publisher | : Houghton Mifflin Harcourt |
Total Pages | : 294 |
Release | : 1998 |
Genre | : Business & Economics |
ISBN | : 9780395925003 |
On the economics of abundance
Author | : J.K. Galbraith |
Publisher | : |
Total Pages | : |
Release | : 1929 |
Genre | : |
ISBN | : |
Author | : John Kenneth Galbraith |
Publisher | : Library of America |
Total Pages | : 0 |
Release | : 2010-09-30 |
Genre | : History |
ISBN | : 1598530771 |
Incisive and original, John Kenneth Galbraith wrote with an eloquence that burst the conventions of his discipline and won a readership none of his fellow economists could match. This Library of America volume, the first devoted to economics, gathers four of his key early works, the books that established him as one of the leading public intellectuals of the last century. In American Capitalism, Galbraith exposes with great panache the myth of American free-market competition. The idea that an impersonal market sets prices and wages, and maintains balance between supply and demand, remained so vital in American economic thought, Galbraith argued, because oligopolistic American businessmen never acknowledged their collective power. Also overlooked was the way that groups such as unions and regulatory agencies react to large oligopolies by exerting countervailing power—a concept that was the book’s lasting contribution. The Great Crash, 1929 offers a gripping account of the most legendary (and thus misunderstood) financial collapse in American history, as well as an inquiry into why it led to sustained depression. Galbraith posits five reasons: unusually high income inequality; a bad, overleveraged corporate structure; an unsound banking system; unbalanced foreign trade; and, finally, “the poor state of economic intelligence.” His account is a trenchant analysis of the 1929 crisis and a cautionary tale of ignorance and hubris among stock-market players; not surprisingly, the book was again a bestseller in the wake of the 2008 economic collapse. In The Affluent Society, the book that introduced the phrase “the conventional wisdom” into the American lexicon, Galbraith takes on a shibboleth of free-market conservatives and Keynesian liberals alike: the paramount importance of production. For Galbraith, the American mania for production continued even in an era of unprecedented affluence, when the basic needs of all but an impoverished minority had easily been met. Thus the creation of new and spurious needs through advertising—leading to skyrocketing consumer debt, and eventually a private sector that is glutted at the expense of a starved public sector. The New Industrial State stands as the most developed exposition of Galbraith’s major themes. Examining the giant postwar corporations, Galbraith argued that the “technostructure” necessary for such vast organizations—comprising specialists in operations, marketing, and R&D—is primarily concerned with reducing risk, not with maximizing profits; it perpetuates stability through “the planning system.” The book concludes with a prescient analysis of the “educational and scientific estate,” which prefigures the “information economy” that has emerged since the book was published. LIBRARY OF AMERICA is an independent nonprofit cultural organization founded in 1979 to preserve our nation’s literary heritage by publishing, and keeping permanently in print, America’s best and most significant writing. The Library of America series includes more than 300 volumes to date, authoritative editions that average 1,000 pages in length, feature cloth covers, sewn bindings, and ribbon markers, and are printed on premium acid-free paper that will last for centuries.
Author | : John Kenneth Galbraith |
Publisher | : |
Total Pages | : 0 |
Release | : 1971 |
Genre | : Economics |
ISBN | : |
Author | : Mike Berry |
Publisher | : OUP Oxford |
Total Pages | : 225 |
Release | : 2013-12-12 |
Genre | : Business & Economics |
ISBN | : 0191510033 |
This book revisits John Kenneth Galbraith's classic text The Affluent Society in the context of the background to, and causes of, the global economic crisis that erupted in 2008. Each chapter takes a major theme of Galbraith's book, distils his arguments, and then discusses to what extent they cast light on current developments, both in developed economies and in the economics discipline. The themes include: inequality, insecurity, inflation, debt, consumer behaviour, financialization, the economic role of government ('social balance'), the power of ideas, the role of power in the economy, and the nature of the good society. It considers the current problems of capitalism and the huge challenges facing democratic governments in tackling them. Written in non-technical language, this book is accessible to students of economics and the social sciences as well as to those who would have read The Affluent Society and the general reader interested in contemporary affairs and public policy.
Author | : John Kenneth Galbraith |
Publisher | : Princeton University Press |
Total Pages | : 577 |
Release | : 2015-04-29 |
Genre | : Business & Economics |
ISBN | : 1400873185 |
With searing wit and incisive commentary, John Kenneth Galbraith redefined America's perception of itself in The New Industrial State, one of his landmark works. The United States is no longer a free-enterprise society, Galbraith argues, but a structured state controlled by the largest companies. Advertising is the means by which these companies manage demand and create consumer "need" where none previously existed. Multinational corporations are the continuation of this power system on an international level. The goal of these companies is not the betterment of society, but immortality through an uninterrupted stream of earnings. First published in 1967, The New Industrial State continues to resonate today.
Author | : John Kenneth Galbraith |
Publisher | : Signet |
Total Pages | : |
Release | : 1963-09-01 |
Genre | : |
ISBN | : 9780451621863 |
Galbraith's classic on the "economics of abundance" is, in the words of the New York Times, "a compelling challenge to conventional thought." With customary clarity, eloquence, and humor, Galbraith cuts to the heart of what economic security means (and doesn't mean) in today's world and lays bare the hazards of individual and societal complacence about economic inequity. While "affluent society" and "conventional wisdom" (first used in this book) have entered the vernacular, the message of the book has not been so widely embraced--reason enough to rediscover The Affluent Society. Copyright © Libri GmbH. All rights reserved.
Author | : John Kenneth Galbraith |
Publisher | : |
Total Pages | : 295 |
Release | : 1962 |
Genre | : |
ISBN | : |
Author | : Mike Berry |
Publisher | : OUP Oxford |
Total Pages | : 224 |
Release | : 2013-12-12 |
Genre | : Business & Economics |
ISBN | : 0191024031 |
This book revisits John Kenneth Galbraith's classic text The Affluent Society in the context of the background to, and causes of, the global economic crisis that erupted in 2008. Each chapter takes a major theme of Galbraith's book, distils his arguments, and then discusses to what extent they cast light on current developments, both in developed economies and in the economics discipline. The themes include: inequality, insecurity, inflation, debt, consumer behaviour, financialization, the economic role of government ('social balance'), the power of ideas, the role of power in the economy, and the nature of the good society. It considers the current problems of capitalism and the huge challenges facing democratic governments in tackling them. Written in non-technical language, this book is accessible to students of economics and the social sciences as well as to those who would have read The Affluent Society and the general reader interested in contemporary affairs and public policy.