“THE GENIUS of the industrial system lies in its organized use of capital and technology. This is made possible, as we have duly seen, by extensively replacing the market with planning.”
Quote by John Kenneth Galbraith
Work
the new industrial state
A comprehensive analysis of the evolution of industrial sectors and the economic changes they bring, focusing on the impact of technological advancements and policy decisions. more
Author
John Kenneth Galbraith
John Kenneth Galbraith was a renowned economist known for his research on economic cycles, market structures, and government policies. His works have had a profound impact on economic theory and policy practice. more
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Source: Money: Whence It Came, Where It Went
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Source: THE GREAT CRASH 1929
Source: The affluent society
Source: The affluent society