内容简介
Incisive and original, John Kenneth Galbraith wrote with aneloquence that burst the conventions of his discipline and won areadership none of his fellow economists could match. This Libraryof America volume, the first devoted to economics, gathers four ofhis key early works, the books that established him as one of theleading public intellectuals of the last century. In AmericanCapitalism, Galbraith exposes with great panache the myth ofAmerican free-market competition. The idea that an impersonalmarket sets prices and wages, and maintains balance between supplyand demand, remained so vital in American economic thought,Galbraith argued, because oligopolistic American businessmen neveracknowledged their collective power. Also over- looked was the waythat groups such as unions and regulatory agencies react to largeoligopolies by exerting countervailing power--a concept that wasthe book's lasting contribution.