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The Technological Imperative

  • David Reisman

Abstract

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.

Keywords

Small Firm Large Firm Collective Bargaining Large Corporation Market System 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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The Technological Imperative

  1. 28.
    M. Zinkin, ‘Galbraith and Consumer Sovereignty’, journal of Industrial Economics 1967, p. 4.Google Scholar
  2. 31.
    Scott Gordon, ‘The Close of the Galbraithian System’, journal of Political Economy 1968, p. 639.Google Scholar
  3. 33.
    Bob Fitch, ‘A Galbraith Reappraisal: the Ideologue as Gadfly’, Ramparts, 1968; reprinted in E. K. Hunt and J. G. Schwartz (eds.), A Critique of Economic Theory ( Harmondsworth: Penguin Books, 1972 ), p. 460.Google Scholar
  4. 36.
    See Bruce R. Scott, ‘The Industrial State: Old Myths and New Realities’, Harvard Business Review, 1973.Google Scholar
  5. 43.
    F. McFadzean, The Economics of john Kenneth Galbraith ( London: Centre for Policy Studies, 1977 ), p. 10.Google Scholar

Copyright information

© David Reisman 1980

Authors and Affiliations

  • David Reisman

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