With John Kenneth Galbraith: a "political and moral philosophy" conception to study economic activities
AbstractJohn Kenneth Galbraith might be considered the unknown founding father of our collective attempt to build a "PEKEA" (Political and Ethical Knowledge in Economic Activities). As a matter of fact, he has developed a "political and moral philosophy" conception to study economic activities. Compared to existing knowledge, his thought requires not less than a new paradigm. This paper draws, from Galbraith's work, an explicit presentation of the main pillars of this paradigm versus the mainstream. Galbraith is considered as a comprehensive source to reassess value and power, to bring into the picture an ethical and political approach to economic activities.
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Bibliographic InfoArticle provided by M.E. Sharpe, Inc. in its journal Journal of Post Keynesian Economics.
Volume (Year): 28 (2005)
Issue (Month): 1 (November)
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Web page: http://mesharpe.metapress.com/link.asp?target=journal&id=109348
democracy; good society; moral economy; new paradigm; power; public intervention; responsibility;
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