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Loading... American Capitalism : The Concept of Countervailing Power (1952)by John Kenneth Galbraith
   None No current Talk conversations about this book.  paulb | Dec 7, 2006 |  no reviews | add a review
In his new introduction to this classic text on political economy, Galbraith reasserts the validity of the core thesis of American Capitalism: The best and established answer to economic power is the building of countervailing power. The trade union remains an equalizing force in the labor markets, and the chain store is the best answer to the market power of big food companies. This work remains an essential guidepost of American mores as well as that as of the American economy. No library descriptions found. |
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 Google Books — Loading...GenresMelvil Decimal System (DDC)330.15Social sciences Economics Economics Theory SchoolsLC ClassificationRatingAverage: (4.43)
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Wikipedia in English
4
"A decision which one is free to make rarely impresses one as an exercise of power. To the extent that it makes any impression at all it is likely to seem a rather obvious exercise of intelligence. A decision on which one is blocked by the authority of another is a very different matter. It is bound to make a deep impression. the impression will be of arbitrary or egregious misuse of power. This is why we live in a world of constant protests against the authority of others and of replies which reflect a deep and usually genuine content of injured innocence." (p. 41) (