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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Persistent link: https://EconPapers.repec.org/RePEc:mes:postke:v:28:y:2005:i:1:p:47-64
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DOI: 10.1080/01603477.2005.11051469
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