John Kenneth Galbraith

1. Front Matter

   Pages i-xii

   PDF

2. The Useful Economist

   • James Ronald Stanfield

   Pages 1-17

3. Economic Balance and Countervailing Power

   • James Ronald Stanfield

   Pages 19-39

4. Affluence and Social Imbalance

   • James Ronald Stanfield

   Pages 41-59

5. The Administered Society

   • James Ronald Stanfield

   Pages 61-85

6. The Social Predicament

   • James Ronald Stanfield

   Pages 87-102

7. Economic Doctrine and the Public Purpose

   • James Ronald Stanfield

   Pages 103-127

8. Social Reform and Economic Policy

   • James Ronald Stanfield

   Pages 129-151

9. Galbraith and Intellectual History

   • James Ronald Stanfield

   Pages 153-172

10. Back Matter

    Pages 173-185

    PDF

This book provides an intellectual portrait of John Kenneth Galbraith, an institutional economist who examines the configuration of power by the clusters of mores that comprise institutions. Galbraith proposes an aggressive social democratic policy to achieve social and economic reform. This policy includes explicit recognition that the state must intervene to countervail the power of entrenched political economic interests and to provide generous support of the arts and letters to achieve the affirmation of humanity.

• cluster
• clusters
• economic policy
• institutions
• interest
• science and technology

• Colorado State University, Fort Collins, USA

  James Ronald Stanfield

JAMES RONALD STANFIELD is Professor of Economics at Colorado State University. He has been honoured by the Association for Social Economics with its Helen Potter Award and its presidency. He was 1995 President of the Association for Institutional Thought. His previous books and over 100 articles, reviews and book chapters have been preoccupied with developing the critical theories of Marxism and American institutionalism into effective discourse on the nature, limitations and reform of late capitalist society. The focal point of his work is to contribute to the development of a social and political economics that examines power and culture in relation to the economic process.

Policies and ethics