The New Industrial State: Third Edition

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9780395257128: The New Industrial State: Third Edition

With searing wit and incisive commentary, John Kenneth Galbraith redefined America's perception of itself in The New Industrial State, one of his landmark works. The United States is no longer a free-enterprise society, Galbraith argues, but a structured state controlled by the largest companies. Advertising is the means by which these companies manage demand and create consumer "need" where none previously existed. Multinational corporations are the continuation of this power system on an international level. The goal of these companies is not the betterment of society, but immortality through an uninterrupted stream of earnings.

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About the Author:

John Kenneth Galbraith who was born in 1908, is the Paul M. Warburg Professor of Economics Emeritus at Harvard University and a past president of the American Academy of Arts and Letters. He is the distinguished author of thirty-one books spanning three decades, including The Affluent Society, The Good Society, and The Great Crash. He has been awarded honorary degrees from Harvard, Oxford, the University of Paris, and Moscow University, and in 1997 he was inducted into the Order of Canada and received the Robert F. Kennedy Book Award for Lifetime Achievement. In 2000, at a White House ceremony, he was given the Presidential Medal of Freedom. He lives in Cambridge, Massachusetts.

Review:

"In the decades since World War II, no American writer has done more to comfort the afflicted and afflict the comfortable than John Kenneth Galbraith." (USA Today)

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Galbraith, John Kenneth
Published by Houghton Mifflin (1978)
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John Kenneth Galbraith
Published by Houghton Mifflin (1978)
ISBN 10: 0395257123 ISBN 13: 9780395257128
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