Of Galbraith''s classic examination of the 1929 financial collapse, the Atlantic Monthly said:""Economic writings are seldom notable for their entertainment value, but this book is. Galbraith''s prose has grace and wit, and he distills a good deal of sardonic fun from the whopping errors of the nation''s oracles and the wondrous antics of the financial community."" Now, with the stock market riding historic highs, the celebrated economist returns with new insights on the legacy of our past and the consequences of blind optimism and power plays within the financial community.

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. First published in 1967, The New Industrial State continues to resonate today.

Of Galbraith''s classic examination of the 1929 financial collapse, the Atlantic Monthly said:""Economic writings are seldom notable for their entertainment value, but this book is. Galbraith''s prose has grace and wit, and he distills a good deal of sardonic fun from the whopping errors of the nation''s oracles and the wondrous antics of the financial community."" Now, with the stock market riding historic highs, the celebrated economist returns with new insights on the legacy of our past and the consequences of blind optimism and power plays within the financial community.

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. First published in 1967, The New Industrial State continues to resonate today.