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Power, Market and Techno-Structure in John Kenneth Galbraith’s Thought

Journal of Social and Administrative Sciences

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Field Value
 
Title Power, Market and Techno-Structure in John Kenneth Galbraith’s Thought
 
Creator LEVENT, Adem
 
Subject Modern company; Countervailing power; Affluent society; Techno-Structure; Conventional wisdom; Planning system; Market system.
D92; E20; F43; N10; O16.
 
Description Abstract. In this study, the economic thoughts of John Kenneth Galbraith are examined who is one of the most influential economists of the 20th century. For this purpose, Galbraith’s economic thought is dealt with in the context of two heterodox schools for economics which are called as the Institutional Economics and Post Keynesian Economics. Furthermore, the notions of  modern company, techno-structure, power, countervailing power, affluent society, dependence effect and consumption culture which are formed Galbraith’s economic thought with reference to economists as Thorstein Veblen, John Maynard Keynes, Joseph Schumpeter and Milton Friedman is analyzed. Galbraith tries to understand the US’s economic, social, and politic changes after World War II with the given notions.Keywords. Modern Company, Countervailing Power, Affluent Society, Techno-Structure, Conventional Wisdom, Planning System, Market System.JEL. D92, E20, F43, N10, O16.
 
Publisher Journal of Social and Administrative Sciences
Journal of Social and Administrative Sciences
 
Contributor
 
Date 2016-06-18
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion

 
Format application/pdf
 
Identifier http://www.kspjournals.org/index.php/JSAS/article/view/895
10.1453/jsas.v3i2.895
 
Source Journal of Social and Administrative Sciences; Vol 3, No 2 (2016): June; 214-218
Journal of Social and Administrative Sciences; Vol 3, No 2 (2016): June; 214-218
2149-0406
 
Language eng
 
Relation http://www.kspjournals.org/index.php/JSAS/article/view/895/963
 
Rights Copyright (c) 2016 Journal of Social and Administrative Sciences
http://creativecommons.org/licenses/by-nc/4.0