The Vested Interest

David Reisman

Chapter 8 in Galbraith and Market Capitalism, 1980, pp 151-168 from Palgrave Macmillan

Abstract: Abstract Galbraith argues that, in consequence of an out-of-date and unhealthy belief system, ‘we do many things that are unnecessary, some that are unwise, and a few that are insane’.1 He also argues that if we are to defeat that system, we must first identify those groups in modern society which have a vested interest in its propagation, diffusion and perpetuation.

Keywords: Market Capitalism; Vested Interest; Economic Sociologist; Perfect Competition; Modern Corporation (search for similar items in EconPapers)
Date: 1980
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-04952-3_8

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DOI: 10.1007/978-1-349-04952-3_8

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