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The new industrial state

Front Cover
13 Reviews
Princeton University Press, 2007 - Business & Economics - 518 pages

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.

  

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Review: The New Industrial State (James Madison Library in American Politics)

User Review  - Alex - Goodreads

I credit this book, which I read during a summer college internship at the Federal Reserve, with stimulating my interest in pursuing graduate studies in economics and with opening my eyes to a very ... Read full review

Review: The New Industrial State (James Madison Library in American Politics)

User Review  - Hans G. - Goodreads

This is a superb book. It is a book, however, that has become dated. Its datedness should not dissuade potential readers. The datedness of "The New Industrial State" has only changed the books ... Read full review

All 8 reviews »

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Contents

General Editors Introduction
ix
Foreword
xi
Acknowledgments
xxv
Introduction to the Fourth Edition
xxvii
Change and the Planning System
1
The Imperatives of Technology
13
The Nature of Industrial Planning
25
Planning and the Supply of Capital
42
The Management of Specific Demand
245
The Revised Sequence
263
The Regulation of Aggregate Demand
273
The Nature of Employment and Unemployment
289
The Control of the WagePrice Spiral
305
The Planning System and the Union I
322
The Planning System and the Union II
337
The Educational and Scientific Estate
347

Capital and Power
56
The Technostructure
73
The Corporation
89
The Entrepreneur and the Technostructure
108
A Digression on the Firm under Socialism
123
The Approved Contradiction
138
The General Theory of Motivation
162
Motivation in Perspective
176
Motivation and the Technostructure
186
The Principle of Consistency
199
The Goals of the Planning System
207
Prices in the Planning System
223
Prices in the Planning System Continued
235
The Planning System and the State I
365
The Planning System and the State II
377
A Further Summary
390
The Planning System and the Arms Race
398
The Further Dimensions
419
The Planning Lacunae
432
Of Toil
443
Education and Emancipation
452
The Political Lead
462
The Future of the Planning System
473
An Addendum on Economic Method and the Nature of Social Argument
489
Index
503
Copyright

Other editions - View all

The new industrial state
The new industrial state
John Kenneth Galbraith
Snippet view - 1985
The new industrial state
The new industrial state
John Kenneth Galbraith
Snippet view - 1971
The new industrial state
The new industrial state
John Kenneth Galbraith
Snippet view - 1971
View all »

Common terms and phrases

accepted accorded adaptation advertising aesthetic aggregate demand American antitrust associated automobile autonomy behavior belief blue-collar workers capital Carl Kaysen commitment competition compulsion conflict consequence consumer consumer sovereignty cost decision earnings economic economists educational and scientific effect effort employment ensure enterprise entrepreneur entrepreneurial corporation executives exercise factor of production force Galbraith goals growth identification important income increase individual industrial influence intellectual interest investment John Kenneth Galbraith labor large corporation less matter mature corporation ment microeconomics modern corporation monopoly motivation ning system nomic nostructure oligopoly organization pecuniary percent planning system political poration production profit maximization regulation relation requires response result role savings scientific estate seek serve society Soviet Soviet Union steel stockholders subordinate sumer supply technical techno technostructure tendency tion tive ture union United wage white-collar workers workers York

References to this book

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From Google Scholar

Corporate Ownership around the World
Rafael La Porta, Andrei Shleifer - 1999 - Journal of Finance
Strategizing, economizing, and economic organization
Oliver E Williamson - 1991 - Strategic Management Journal
Environments of Organizations
HE Aldrich, J Pfeffer - 1976 - Annual Review of Sociology
The Composition of Boards of Directors and Strategic Control ...
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References from web pages

The New Industrial State | Comment is free
On Tuesday I joined a panel at the New York Public Library to discuss the new edition of my father's 1967 book, The New Industrial State, in a new series ...
commentisfree.guardian.co.uk/ james_k_galbraith/ 2007/ 05/ the_importance_of_the_new_industrial_state.html

The New Industrial State - Wikipedia, the free encyclopedia
The New Industrial State is a 1967 book by John Kenneth Galbraith. In it, Galbraith asserts that within the industrial sectors of modern capitalist ...
en.wikipedia.org/ wiki/ The_New_Industrial_State

The New Industrial State by John Kenneth Galbraith
This is the main point of John Kenneth Galbraith's article The New Industrial State. Companies use strategies and planning to insure that they--one make a ...
www.umsl.edu/ ~rkeel/ 280/ class/ nwindst.html

Reason Magazine - Creative Destruction vs. the New Industrial State
Half a century on, you can review their efforts in a new biography of Schumpeter and a new reissue of Galbraith’s most famous book, The New Industrial State ...
www.reason.com/ news/ show/ 122024.html

Economist's View: James Galbraith: The New Industrial State
Jamie Galbraith discusses his father's book, The New Industrial State, and its usefulness for understanding the economy we have today: ...
economistsview.typepad.com/ economistsview/ 2007/ 05/ james_galbraith.html

Sample Chapter for Galbraith, jk: The New Industrial State.
Sample Chapter for The New Industrial State by Galbraith, JK, published by Princeton University Press.
press.princeton.edu/ chapters/ s8389.html

The Progressive Economics Forum » Galbraith on Galbraith and the ...
The New Industrial State’s purpose was not to catalyze a political movement but to describe the economy as it was, to deflate faith in the omnipotent and ...
www.progressive-economics.ca/ 2007/ 05/ 07/ galbraith-on-galbraith-and-the-new-industrial-state/

JSTOR: Time and the New Industrial State
"THE NEW INDUSTRIAL STATE" AFTER TWENTY YEARS Time and the New Industrial State By JOHN KENNETH GALBRAITH* The controlling advice for this paper comes from ...
links.jstor.org/ sici?sici=0002-8282(198805)78%3A2%3C373%3ATATNIS%3E2.0.CO%3B2-N

The New Industrial State and the Rise of the Dilbert Sector
John Kenneth Galbraith began writing his most famous books, "The Affluent Society" and "The New Industrial State," in the late 1950's. ...
arnoldkling.com/ ~arnoldsk/ indstate.htm

The New Industrial State - Blackwell Online
The New Industrial State, John Kenneth Galbraith, Business & Economics Books - Blackwell Online Bookshop.
bookshop.blackwell.co.uk/ jsp/ id/ The_New_Industrial_State/ 9780691131412

About the author (2007)

John Kenneth Galbraith (1908-2006) was an eminent economist, the author of thirty-one books, and a member of four U.S. presidential administrations. He served as U.S. ambassador to India and president of the American Academy of Arts and Letters. At the time of his death, he was Paul M. Warburg Professor of Economics Emeritus at Harvard University.

Bibliographic information

QR code for The new industrial state
TitleThe new industrial state
The James Madison Library in American Politics
AuthorJohn Kenneth Galbraith
Editionreprint
PublisherPrinceton University Press, 2007
ISBN0691131414, 9780691131412
Length518 pages
Subjects ›  › 

Business & Economics / Economics / Comparative
Business & Economics / Industries / General
Political Science / International Relations / General
  
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