Power, Market and Techno-Structure in John Kenneth Galbraith’s Thought
Journal of Social and Administrative Sciences
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Title |
Power, Market and Techno-Structure in John Kenneth Galbraith’s Thought
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Creator |
LEVENT, Adem
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Subject |
Modern company; Countervailing power; Affluent society; Techno-Structure; Conventional wisdom; Planning system; Market system.
D92; E20; F43; N10; O16. |
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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.
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Publisher |
Journal of Social and Administrative Sciences
Journal of Social and Administrative Sciences |
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Contributor |
—
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Date |
2016-06-18
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Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion — |
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Format |
application/pdf
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Identifier |
http://www.kspjournals.org/index.php/JSAS/article/view/895
10.1453/jsas.v3i2.895 |
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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 |
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Language |
eng
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Relation |
http://www.kspjournals.org/index.php/JSAS/article/view/895/963
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Rights |
Copyright (c) 2016 Journal of Social and Administrative Sciences
http://creativecommons.org/licenses/by-nc/4.0 |
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