John Kenneth Galbraith pp 19-39 | Cite as
Economic Balance and Countervailing Power
Chapter
Abstract
This chapter examines Galbraith’s work in the early 1950s. The books in question are a far cry from the integrated model of late democratic capitalism, the Galbraithian System, which emerges in the trilogy The Affluent Society, The New Industrial State, and Economics and the Public Purpose. But the Galbraithian vision begins to take shape in these early books, in which we can detect the concerns for inflation and the bifurcated economic power structure.
Keywords
Aggregate Demand Price Control Affluent Society Dual Economy American Capitalism
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Copyright information
© James Ronald Stanfield 1996