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The New Industrial State by John Kenneth Galbraith
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The New Industrial State

by John Kenneth Galbraith

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Remains amazingly relevant nearly 40 years after publication. ( )
  saliero | Jun 14, 2007 |
Galbraith’s influence was once strong enough to inspire Congressional hearings to discuss the implications of his book The New Industrial State (1967). Clearly that stature has waned. But Paul Samuelson was on to something when he wrote, “Ken Galbraith, like Thorstein Veblen, will be remembered and read when most of us Nobel Laureates will be buried in footnotes down in dusty library stacks.�
  antimuzak | May 5, 2006 |
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for Andrea Williams
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A curiosity of modern economic life is the role of change.
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Amazon.com Product Description (ISBN 0691131414, Paperback)

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.

(retrieved from Amazon Fri, 24 Apr 2009 07:57:56 -0400)

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