image of John Kenneth Galbraith

John Kenneth Galbraith

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Economics and the Public Purpose is a 1973 book by Harvard economist John Kenneth Galbraith. Galbraith advocates a "new socialism" as the solution, nationalising military production and public services such as health care. He also advocates introducing disciplined wage, salary, profit and price controls on the economy …

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American Capitalism - The Concept of Countervailing Power is a book by John Kenneth Galbraith, written in 1952. Not as well known as some of his other works, it contains a critique of the view that markets, left to their own devices, will provide socially optimal solutions. Galbraith agrees with F. A. Hayek as far as …

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The Anatomy of Power is a 1983 book by Harvard economist John Kenneth Galbraith. It sought to classify three types of power: compensatory power in which submission is bought, condign power in which submission is won by making the alternative sufficiently painful, and conditioned power in which submission is gained by …