by John Kenneth Galbraith · SARPE: LOS GRANDES PENSADORES · tapa blanda · ISBN 9788449971235
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«El nuevo estado industrial» is the economic essay by John Kenneth Galbraith, published by Sarpe in paperback (573 pages, in Spanish).
Galbraith argues that the US economy no longer responds to the free market: large corporations control prices and production, and advertising serves to manage demand and create needs. That power extends internationally through multinationals, whose goal is to guarantee their continuous growth and permanence over time.
The work was originally published in English in 1967 as «The New Industrial State». This Sarpe edition belongs to the collection «Los Grandes Pensadores», volume 18.
Suitable for economics students and readers interested in the analysis of corporate power and the critique of capitalism.
John Kenneth Galbraith, also known as J. K. Galbraith or Ken Galbraith, was a Canadian-American economist, diplomat, public official, and intellectual. His books on economic topics were bestsellers from the 1950s through the 2000s. As an economist, he leaned toward post-Keynesian economics from an institutionalist perspective. He served as the deputy director of the powerful Office of Price Administration (OPA) during World War II in charge of stabilizing all prices, wages and rents in the American economy, to combat the threat of inflation and hoarding during a time of shortages and rationing, a task which was successfully accomplished.
