Galbraith believes that the giant mature corporation differs both quantitatively and qualitatively from the small entrepreneurial firm of the elementary economics textbook, and in this chapter we will examine the nature of that difference. In Section I we will examine the case for size; in Section II the techniques of corporate planning that are utilised by the technostructure in pursuit of its goals; and in Section III the position of the small perfect competitor in our contemporary dual economy. In Section IV we will offer a critique of Galbraith’s views on the technological imperative.
KeywordsSmall Firm Large Firm Collective Bargaining Large Corporation Market System
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The Technological Imperative
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