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

Adem Levent ()
Additional contact information
Adem Levent: Turkey.

Journal of Social and Administrative Sciences, 2016, vol. 3, issue 2, 214-218

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. (search for similar items in EconPapers)
JEL-codes: D92 E20 F43 N10 O16 (search for similar items in EconPapers)
Date: 2016
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.kspjournals.org/index.php/JSAS/article/download/895/963 (application/pdf)
http://www.kspjournals.org/index.php/JSAS/article/view/895/963 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ksp:journ4:v:3:y:2016:i:2:p:214-218

Access Statistics for this article

Journal of Social and Administrative Sciences is currently edited by Bilal KARGI

More articles in Journal of Social and Administrative Sciences from KSP Journals Istanbul, Turkey.
Bibliographic data for series maintained by Bilal KARGI ( this e-mail address is bad, please contact ).