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With John Kenneth Galbraith: a "political and moral philosophy" conception to study economic activities

Marc Humbert

Journal of Post Keynesian Economics, 2005, vol. 28, issue 1, 47-64

Abstract: John Kenneth Galbraith might be considered the unknown founding father of our collective attempt to build a "PEKEA" (Political and Ethical Knowledge in Economic Activities). As a matter of fact, he has developed a "political and moral philosophy" conception to study economic activities. Compared to existing knowledge, his thought requires not less than a new paradigm. This paper draws, from Galbraith's work, an explicit presentation of the main pillars of this paradigm versus the mainstream. Galbraith is considered as a comprehensive source to reassess value and power, to bring into the picture an ethical and political approach to economic activities.

Date: 2005
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Citations: View citations in EconPapers (3)

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DOI: 10.1080/01603477.2005.11051469

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