| American Capitalism: The Concept of Countervailing Power Revised Edition Contributor(s): Galbraith, John (Author) |
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ISBN: 1560006749 ISBN-13: 9781560006749 Publisher: Routledge OUR PRICE: $54.10 Product Type: Paperback Published: January 1993 Annotation: In this fortieth anniversary edition of a classic text on political economy, John Kenneth Galbraith reasserts the validity of its core thesis: the best and established answer to economic power is the building of countervailing power. Galbraith's work remains an essential guidepost of American mores as well as the American economy. His work explores the balance of forces that add up to a mosaic of prestige in business and power in politics. It provides a unique synthesis of pluralist and elitist concepts of power. While recognizing in his new introduction the diminution of certain forces, such as trade unionism at one end and the national corporation at the other, Galbraith knows that it is not only international competition that accounts for this startling reduction in overall American capitalism, but its internal weakness, noting that "we now know that we may have less to fear from corporate power than from corporate incompetence". |
| Additional Information |
| BISAC Categories: - Business & Economics | Free Enterprise & Capitalism - Business & Economics | International - General - Business & Economics | Economics - General |
| Dewey: 330.122 |
| LCCN: 92043232 |
| Series: Classics in Economics (Paperback) |
| Physical Information: 0.59" H x 6.06" W x 8.94" (0.81 lbs) 220 pages |
| Descriptions, Reviews, Etc. |
| Publisher Description: 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. |