American Capitalism

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American Capitalism is an influential economic book by John Kenneth Galbraith that critiques the structure and power dynamics of mid-20th-century U.S. capitalism, particularly the role of large corporations and countervailing power.

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Label Occurrences
American Capitalism canonical 3

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Statements (46)

Predicate Object
instanceOf book
economics book
non-fiction book
addresses limits of price competition in concentrated industries
relationship between business and government
role of unions in modern capitalism
arguesThat government can act as countervailing power
large corporations are balanced by other organized groups
retail chains and cooperatives can act as countervailing power
trade unions can act as countervailing power
author John Kenneth Galbraith
countryOfOrigin United States of America
surface form: United States
critiques concentration of economic power
dominance of large corporations
limitations of classical competition theory
field economics
industrial organization
institutional economics
focusesOn power dynamics in markets
structure of U.S. capitalism
genre economic critique
political economy
hasInfluenced debates on corporate power in the U.S.
policy discussions on antitrust and regulation
influencedBy Keynesian economics
intendedAudience economists
general educated readers
policy makers
language English
mainSubject capitalism in the United States
countervailing power
large corporations
market power
mid-20th-century U.S. economy
notableConcept countervailing power
oligopoly power
organized economic groups
perspective critical of laissez-faire capitalism
reformist rather than revolutionary
proposesConcept countervailing power
publicationEra 1950s
publisher Houghton Mifflin
relatedWork The Affluent Society
The New Industrial State
setting United States economy
timePeriodDescribed mid-20th century

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Referenced by (3)

Full triples — surface form annotated when it differs from this entity's canonical label.

John Kenneth Galbraith notableWork American Capitalism
John notableWork American Capitalism
subject surface form: John Kenneth Galbraith
Galbraith notableWork American Capitalism
subject surface form: John Kenneth Galbraith