American Capitalism (Paper)

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Overview

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.

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Product Details

  • ISBN-13: 9781560006749
  • Publisher: Transaction Publishers
  • Publication date: 1/1/1993
  • Series: Classics in Economics Series
  • Edition description: REVISED
  • Pages: 222
  • Product dimensions: 6.00 (w) x 9.00 (h) x 0.51 (d)

Table of Contents

Introduction to the Transaction Edition
I The Insecurity of Illusion 1
II The Foundations of the Faith 10
III The Problem of Power 24
IV The Abandonment of the Model 32
V The Ogre of Economic Power 50
VI The Depression Psychosis 63
VII The Economics of Technical Development 84
VIII The Unseemly Economics of Opulence 95
IX The Theory of Countervailing Power 108
X Countervailing Power and the State 135
XI The Case of Agriculture 154
XII The Role of Decentralized Decision 166
XIII The Role of Centralized Decision 177
XIV The Problem of Restraint 187
Index 203
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