The New Industrial State

by John Kenneth Galbraith

Paper Book, 2007

Status

Available

Publication

Princeton, N.J. : Princeton University Press, 2007.

Description

Presents the author's economic ideas and confronts conventional economic analysis in relation to the modern world, corporations, trade unions, consumer culture, and the modern state.

User reviews

LibraryThing member jwhenderson
I read this when it was first published in 1967. As part of my freshman Honors Econ course I wrote a blistering critique of what I still consider one of the worst books I have ever read. I argued from the point of view shared by Milton Friedman and other free market thinkers that Galbraith believes in the superiority of aristocracy and in its paternalistic authority, that consumers should not be allowed choice, and that all should be determined by those with "higher minds" - never mind the choices of the individual consumer. Today Paul Krugman, who in ironic fashion criticized Galbraith as well, represents a similar strain in aristocratic economic thought. In this book Galbraith demonstrates the best example of an advocate of "bad" economics.… (more)
LibraryThing member HadriantheBlind
I would go so far as to say that this is the sort of book that makes understanding modern economics possible. Give it a shot. It's not your ordinary economics book.
LibraryThing member jhudsui
50 years out of date Austrian economics

Language

Barcode

8605
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