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Cover image for book American Capitalism

American Capitalism

The Concept of Countervailing Power
By:John Galbraith
Publisher:Taylor & Francis
Print ISBN:9781138518735
eText ISBN:9781351532860
Edition:1
Copyright:1993
Format:Reflowable

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In his new introduction to this classic text on political economy, Galbraith reasserts the validity of the core thesis of American Capitalism: The best and established answer to economic power is the building of countervailing power. The trade union remains an equalizing force in the labor markets, and the chain store is the best answer to the market power of big food companies. This work remains an essential guidepost of American mores as well as that as of the American economy.

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