American Capitalism; The Concept of Countervailing Power

Autori

• John Kenneth Galbraith

Parametri

• 234 pagine
• 9 ore di lettura

• Economia e affari
• Politica
• Saggistica
• Scienze politiche & Politica
• Storia

Maggiori informazioni sul libro

Focusing on the concept of "Countervailing Power," this economics book explores its significance in addressing market failures. Galbraith examines how firms, unions, and government can collectively influence prices and wage rates, emphasizing that such power is essential for protecting the public and vulnerable individuals from exploitation. He argues that without this balance, unchecked private decisions could lead to detrimental consequences, making a case for the necessity of state intervention when countervailing power is insufficient.

Lingua: Inglese

Pubblicato: 2012

(In brossura)