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La pensée de l'économie chez Galbraith

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  • Marlyse Pouchol

Abstract

Galbraith describes a kind of outgrowth of the economy taking place through the large corporations, which managed to impose their values on the whole society and on both individuals and the State. He denounces an “official economic science” which does not appreciate the real change introduced by these “organisations” while it continues to believe that they are subordinated to the sovereign consumer, as used to be – and still is – the case with the small owner-managed companies. However, the source and the nature of the power wielded by large companies do not correspond to those envisaged in the Marxist approach. To resist to the grip of large companies one needs to acknowledge that their power is based on the conditioning of individuals, which is more effective when authentic thinking is dead. The outgrowth of the economy together with the depreciation of the thinking activity, which characterise the novelty described by Galbraith can be compared to “The Human Condition” in the modern world as analysed by Hannah Arendt.

Suggested Citation

  • Marlyse Pouchol, 2006. "La pensée de l'économie chez Galbraith," Innovations, De Boeck Université, vol. 23(1), pages 9-30.
  • Handle: RePEc:cai:inndbu:inno_023_0009
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    1. John M. Abowd & David S. Kaplan, 1999. "Executive Compensation: Six Questions That Need Answering," Journal of Economic Perspectives, American Economic Association, pages 145-168.
    2. John M. Abowd & David S. Kaplan, 1999. "Executive Compensation: Six Questions That Need Answering," Journal of Economic Perspectives, American Economic Association, pages 145-168.
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