Economics & Finance

The New Industrial State

    Foreword by
  • John Kenneth Galbraith
    Introduction by
  • Sean Wilentz

Paperback

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Price:
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ISBN:
Published:
Apr 29, 2007
2007
Pages:
576
Size:
5 x 8 in.

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 鈥渘eed鈥 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.