The modern food industry and public health: a Galbraithian perspective

Stephen Dunn

Journal of Post Keynesian Economics, 2011, vol. 33, issue 3, 491-516

Abstract: John Kenneth Galbraith famously argued that many of the health problems faced by modern advanced economies were a result of increased consumption, ushered in by the large corporation. Although attracting a degree of attention and notoriety around the time of publication, Galbraith's analysis of the large corporation in >i>The New Industrial State>/i> has slipped somewhat from view. This paper considers Galbraith's approach to the firm, highlighting how it characterizes the modern food industry. The paper argues that Galbraith has much to contribute to the understanding of debates on the modern food governance, suggesting a range of regulatory responses.

Keywords: agriculture; food policy; Galbraith; theory of the firm (search for similar items in EconPapers)
Date: 2011
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