{"product_id":"2026200014397-secondhand-american-capitalism-the-concept-of-countervailing-power","title":"American Capitalism: The Concept Of Countervailing Power","description":"\u003cp\u003e\u003cbr\u003e\u003cb\u003eCondition remarks:\u003c\/b\u003e\u003cbr\u003eBook: Good\u003cbr\u003eJacket: No dust jacket\u003cbr\u003ePages: Good\u003cbr\u003eCondition remarks: Condition as shown in image\u003c\/p\u003e\u003cp\u003eIn one of the most consequential works of twentieth-century economic thought, John Kenneth Galbraith dismantles the classical myth of competitive markets and presents a bold new framework for understanding how power truly operates in the American economy. American Capitalism: The Concept of Countervailing Power argues that as corporations grew into industrial giants throughout the twentieth century, the traditional checks of competition gave way to a new and more complex equilibrium — one maintained not by market forces, but by the rise of opposing centres of power such as trade unions, large retailers, and government intervention. Galbraith chronicles the structural transformation of American capitalism with a clarity and wit that made this work essential reading for economists, politicians, and informed citizens alike.\n\nWritten with Galbraith's signature blend of incisive analysis and elegant prose, the book challenges readers to abandon comfortable orthodoxies and confront the realities of corporate power in a modern democracy. His concept of countervailing power remains a foundational lens through which scholars continue to examine inequality, market regulation, and the role of the state. Elegant in argument and radical in implication, this is a work that fundamentally reframes the question not of whether capitalism works, but of precisely who it works for.\u003c\/p\u003e","brand":"Secondhand Stock","offers":[{"title":"Default Title","offer_id":49216205062363,"sku":"2026200014397-SECONDHAND","price":10.0,"currency_code":"AUD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0523\/7646\/9701\/files\/bbf72745-4d70-4614-9844-815453a5f6ac.png?v=1788405292","url":"https:\/\/bookgrocer.com\/products\/2026200014397-secondhand-american-capitalism-the-concept-of-countervailing-power","provider":"Book Grocer","version":"1.0","type":"link"}