The Anatomy of Power

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Houghton Mifflin, 1983 - Political Science - 206 pages
4 Reviews
Discusses the many sources and instruments of power, and explains how power is utilized by organizations and businesses and in economics and political and military life

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Review: The Anatomy of Power

User Review  - J. - Goodreads

One of the best books I ever read by one of my all time favorite Economist. I particularly liked his explanation of countervailing power. I found it thoughtful and helpful at the time. Read full review

Review: The Anatomy of Power

User Review  - S'hi - Goodreads

An interesting exploration of the internal workings of power - it's triple nature is particularly apt. Revealing examples, and thoughtful approaches. Read full review

Contents

An Overview i
1
Condign and Compensatory Power
14
Conditioned Power
24
Copyright

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About the author (1983)

John Kenneth Galbraith is a Canadian-born American economist who is perhaps the most widely read economist in the world. He taught at Harvard from 1934-1939 and then again from 1949-1975. An adviser to President John F. Kennedy, he served from 1961 to 1963 as U.S. ambassador to India. His style and wit in writing and his frequent media appearances have contributed greatly to his fame as an economist. Galbraith believes that it is not sufficient for government to manage the level of effective demand; government must manage the market itself. Galbraith stated in American Capitalism (1952) that the market is far from competitive, and governments and labor unions must serve as "countervailing power." He believes that ultimately "producer sovereignty" takes the place of consumer sovereignty and the producer - not the consumer - becomes ruler of the marketplace.

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