The Administered Society
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The publication in June 1967 of The New Industrial State constitutes the maturation of the Galbraithian system. In the ‘Foreword,’ Galbraith himself compared it to The Affluent Society as a window to the house that contains it, the earlier book providing a ‘glimpse’ into the structure depicted in the latter. Years later he referred to it as his ‘principal effort in economic argument’ (Galbraith, 1983, p. xiii).
KeywordsProfit Maximization Aggregate Demand Corporate Culture Market Sector Public Purpose
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