Documents Galbraith, John Kenneth 9 results

"Economists dream of equilibrium. It's time to wake up.
In mainstream economics, markets are ideal if competition is perfect. When supply balances demand, economic maturity is orderly and disturbed only by shocks. These ideas are rooted in doctrines going back thousands of years yet, as James K. Galbraith and Jing Chen show, they contradict the foundations of our scientific understanding of the physical and biological worlds.
Entropy Economics discards the conventions of equilibrium and presents a new basis for thinking about economic issues, one rooted in life processes--an unequal world of unceasing change in which boundaries, plans, and regulations are essential. Galbraith and Chen's theory of value is based on scarcity, and it accounts for the power of monopoly. Their theory of production covers increasing and decreasing returns, uncertainty, fixed investments over time, and the impact of rising resource costs. Together, their models illuminate key problems such as trade, finance, energy, climate, conflict, and demography.
Entropy Economics is a thrilling framework for understanding the world as it is and will be keenly relevant to the economic challenges of a world threatened with disorder."

"L'économiste américain John Kenneth Galbraith expose dans cet ouvrage, dont le titre original est The Good Society : the Human Agenda, son programme pour une société meilleure, teintée d'humanisme et d'égalité : c'est sans grande originalité que sont abordés au fil des pages les domaines les plus divers, des fondements de la société à l'immigration, en passant par le déficit budgétaire et l'environnement. L'auteur part d'un constat alarmiste, qui peut même paraître simpliste : la société occidentale est une démocratie de riches, où les catégories sociales les plus défavorisées exercent rarement leur droit de vote ; le capitalisme sauvage règne sur l'économie et se diffuse dans tous les champs sociaux et politiques, avec pour conséquence ultime l'exclusion des plus pauvres. Contre cette société inégalitaire, l'auteur oppose une bonne société, celle où l'économie et le politique ne seraient pas subordonnés à une idéologie : un nouveau pragmatisme doit privilégier une croissance riche en emplois, un système éducatif efficace, la sécurité d'un revenu minimum, etc. De telles généralités ne peuvent que mener au consensus le plus large : les formes illicites et immorales d'enrichissement financier doivent être bannies, une coopération fraternelle doit être mise en place au niveau international."

"Cet essai se propose de montrer comment, en fonction des pressions financières et politiques ou des modes du moment, les systèmes économiques et politiques cultivent leur propre version de la vérité. Un version qui n'entretient aucune relation nécessaire avec le réel ". J. K. Galbraith. Né en 1908, John Kenneth Galbraith est un économiste américain célèbre dans le monde entier. Il s'est attaché à décrire l'avenir des sociétés industrielles. On lui doit entre autres, Le capitalisme américain (1958) L'Ere de l'opulence (1961) et Le Nouvel Etat industriel."

"With searing wit and incisive commentary, John Kenneth Galbraith redefined America's perception of itself in The New Industrial State, one of his landmark works. The United States is no longer a free-enterprise society, Galbraith argues, but a structured state controlled by the largest companies. Advertising is the means by which these companies manage demand and create consumer "need" where none previously existed. Multinational corporations are the continuation of this power system on an international level. The goal of these companies is not the betterment of society, but immortality through an uninterrupted stream of earnings. "

"John Kenneth Galbraith's now-classic account of the 1929 stock market collapse, The Great Crash remains the definitive book on the most disastrous cycle of boom and bust in modern times. The Great Crash 1929 examines the causes, effects, aftermath and long-term consequences of America's infamous financial meltdown, showing how rampant speculation and blind optimism sustained a market mania, and led to its terrible downward spiral. Galbraith also describes the people and the corporations at the heart of the financial community, and how they were affected by the disaster. With its depiction of the 'gold-rush fantasy' ingrained in America's psychology, this penetrating study of human greed and folly contains lessons that are still vital today - and are now more relevant than ever."

"With customary clarity, eloquence, and humor, Harvard economist John Kenneth Galbraith gets at the heart of what economic security means in The Affluent Society. Warning against individual and societal complacence about economic inequity, he offers an economic model for investing in public wealth that challenges “conventional wisdom” (a phrase he coined that has since entered our vernacular) about the long-term value of a production-based economy and the true nature of poverty. Both politically divisive and remarkably prescient, The Affluent Society is as relevant today on the question of wealth in America as it was in 1958."