- 208 pages
- English
- ePUB (mobile friendly)
- Available on iOS & Android
eBook - ePub
About this book
In his new introduction to this classic text on political economy, Galbraith reasserts the validity of the core thesis of American Capitalism: The best and established answer to economic power is the building of countervailing power. The trade union remains an equalizing force in the labor markets, and the chain store is the best answer to the market power of big food companies. This work remains an essential guidepost of American mores as well as that as of the American economy.
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Information
Index
A & P. See Great Atlantic and Pacific Tea Co.
Adelman, M. A., 119 n., 142 n.
Advertising, 47, 95–101
and efficiency, 95–96
and product differentiation, 99–100
and public need, 95–96
and purchases in wealthy community, 100 ff.
and salesmanship, 98–99
Agricultural Adjustment Actof 1938, 156
Agricultural Adjustment Act of 1933, 163
Agricultural Marketing Act of 1929, 162
Agricultural Marketing Agreement Act of 1937, 139
Agriculture, laborforce of, 104.
See also Farmers.
Aluminum Company of America, 40, 162
American capitalism, errors in interpretation of, 9
American economy
changes since Great Depression, 181–86
efficiency of, 85–86
performance of, 2
American Tobacco Company, 99
American Tobacco Co. v. U.S., 53 n.
Anti-Trust Division, Department of Justice, 53
Antitrust laws, 52–53
and cigarette industry, 53–54
and farmers, 139
and unions, 139
Arnold, Thurman, 7, 52 n.
Automatic stabilizers, 179, 182, 183
Baer, George F., 60
Bain, Joe S., 40 n.
Balanced budget, 79
Bankers as a symbol, 108–9
Banton and Dascomb, 98
Barone, Enrico, 16
Bentham, Jeremy, 1, 28
Berle, Adolf A., 37
Beveridge, Sir William, 22
Biddle, Nicholas, 157 n.
Bilateral monopoly, 113
Bituminous Coal Conservation Act of 1935, 136
Black, John D., 163 n.
Blandings, James H., 97–98
Boom, 199–200
Brandeis, Justice, 139
“Break-evenpoint,” 131 n.
British Co-operative Wholesale Societies, 127
British textile industry, 116 n.
Bryan, William Jennings, 157, 158, 179
Buck, Solon J., 159
Businessmen
and antitrust, 61–62
fears of, 2–6
and market power, 59–62
Byrnes, James F., 3
Californ...
Table of contents
- Cover Page
- American Capitalism
- Copyright Page
- Contents
- Introduction to the Transaction Edition
- I. The Insecurity of Illusion
- II. The Foundations of the Faith
- III. The Problem of Power
- IV. The Abandonment of the Model
- V. The Ogre of Economic Power
- VI. The Depression Psychosis
- VII. The Economics of Technical Development
- VIII. The Unseemly Economics of Opulence
- IX. The Theory of Countervailing Power
- X. Countervailing Power and the State
- XI. The Case of Agriculture
- XII. The Role of Decentralized Decision
- XIII. The Role of Centralized Decision
- XIV. The Problem of Restraint
- Index