American Capitalism
id:
american-capitalism-196-13456237
title:
American Capitalism
text:
American Capitalism: The Concept of Countervailing Power is a book by John Kenneth Galbraith, written in 1952. It contains a critique of the view that markets, left to their own devices, will provide socially optimal solutions. Galbraith agrees with F. A. Hayek as far as the assertion goes that "the price system will fulfil [its] function only if competition prevails, that is, if the individual producer has to adapt to price changes and cannot control them." The book presents Galbraith's account
brand slug:
wiki
category slug:
encyclopedia
description:
1952 book by John Kenneth Galbraith
original url:
https://en.wikipedia.org/wiki/American_Capitalism
date created:
date modified:
2024-02-04T16:50:42Z
main entity:
{"identifier":"Q4743290","url":"https://www.wikidata.org/entity/Q4743290"}
image:
fields total:
13
integrity:
14