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- Economics_and_the_Public_Purpose abstract "Economics and the Public Purpose is a 1973 book by Harvard economist John Kenneth Galbraith. Galbraith advocates a "new socialism" as the solution, nationalising military production and public services such as health care. He also advocates introducing disciplined wage, salary, profit and price controls on the economy to reduce inequality and restrain the power of giant corporations. Socialisation of the "unduly weak industries and unduly strong ones" together with planning for the remainder would allow the public interest to be accorded its rightful preference, argues Galbraith, over private interests. He adds that this can only be achieved when there is a new belief system that rejects the orthodoxy of economics in the past. The new socialism needs to be achieved through gradual democratic political change.".
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- Economics_and_the_Public_Purpose hasPhotoCollection Economics_and_the_Public_Purpose.
- Economics_and_the_Public_Purpose subject Category:1973_books.
- Economics_and_the_Public_Purpose subject Category:Economics_books.
- Economics_and_the_Public_Purpose comment "Economics and the Public Purpose is a 1973 book by Harvard economist John Kenneth Galbraith. Galbraith advocates a "new socialism" as the solution, nationalising military production and public services such as health care. He also advocates introducing disciplined wage, salary, profit and price controls on the economy to reduce inequality and restrain the power of giant corporations.".
- Economics_and_the_Public_Purpose label "Economics and the Public Purpose".
- Economics_and_the_Public_Purpose label "La Science économique et l'intérêt général".
- Economics_and_the_Public_Purpose sameAs La_Science_économique_et_l'intérêt_général.
- Economics_and_the_Public_Purpose sameAs m.03c7r44.
- Economics_and_the_Public_Purpose sameAs Q3212749.
- Economics_and_the_Public_Purpose sameAs Q3212749.
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- Economics_and_the_Public_Purpose isPrimaryTopicOf Economics_and_the_Public_Purpose.