In this Book

The New Industrial State

Book
John Kenneth Galbraith With a new introduction by Sean Wilentz A new foreword by James K. Galbraith
2015
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With searing wit and incisive commentary, John Kenneth Galbraith redefined America's perception of itself in The New Industrial State, one of his landmark works. The United States is no longer a free-enterprise society, Galbraith argues, but a structured state controlled by the largest companies. Advertising is the means by which these companies manage demand and create consumer "need" where none previously existed. Multinational corporations are the continuation of this power system on an international level. The goal of these companies is not the betterment of society, but immortality through an uninterrupted stream of earnings.


First published in 1967, The New Industrial State continues to resonate today.

Table of Contents

Cover

Title, Copyright, Dedication

pp. i-vi

Contents

pp. vii-viii

General Editor’s Introduction

pp. ix-x

Foreword

pp. xi-xxiv

Acknowledgments

pp. xxv-xxvi

Introduction to the Fourth Edition

pp. xxvii-xxviii

1. Change and the Planning System

pp. 1-12

2. The Imperatives of Technology

pp. 13-24

3. The Nature of Industrial Planning

pp. 25-41

4. Planning and the Supply of Capital

pp. 42-55

5. Capital and Power

pp. 56-72

6. The Technostructure

pp. 73-88

7. The Corporation

pp. 89-107

8. The Entrepreneur and the Technostructure

pp. 108-122

9. A Digression on the Firm under Socialism

pp. 123-137

10. The Approved Contradiction

pp. 138-161

11. The General Theory of Motivation

pp. 162-175

12. Motivation in Perspective

pp. 176-185

13. Motivation and the Technostructure

pp. 186-198

14. The Principle of Consistency

pp. 199-206

15. The Goals of the Planning System

pp. 207-222

16. Prices in the Planning System

pp. 223-234

17. Prices in the Planning System (Continued)

pp. 235-244

18. The Management of Specific Demand

pp. 245-262

19. The Revised Sequence

pp. 263-272

20. The Regulation of Aggregate Demand

pp. 273-288

21. The Nature of Employment and Unemployment

pp. 289-304

22. The Control of the Wage-Price Spiral

pp. 305-321

23. The Planning System and the Union I

pp. 322-336

24. The Planning System and the Union II

pp. 337-346

25. The Educational and Scientific Estate

pp. 347-364

26. The Planning System and the State I

pp. 365-376

27. The Planning System and the State II

pp. 377-389

28. A Further Summary

pp. 390-397

29. The Planning System and the Arms Race

pp. 398-418

30. The Further Dimensions

pp. 419-431

31. The Planning Lacunae

pp. 432-442

32. Of Toil

pp. 443-451

33. Education and Emancipation

pp. 452-461

34. The Political Lead

pp. 462-472

35. The Future of the Planning System

pp. 473-488

An Addendum on Economic Method and the Nature of Social Argument

pp. 489-502

Index

pp. 503-518
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