Skip to main content
Cover for The New Industrial State (James Madison Library in American Politics)

The New Industrial State (James Madison Library in American Politics)

John Kenneth Galbraith, Sean Wilentz (Introduction by), James K. Galbraith (Foreword by)


List Price: 45.00*
* Individual store prices may vary.


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.

Princeton University Press, 9780691131412, 576pp.

Publication Date: May 1, 2007

About the Author

John Kenneth Galbraith (1908-2006) was an eminent economist, the author of thirty-one books, and a member of four U.S. presidential administrations. He served as U.S. ambassador to India and president of the American Academy of Arts and Letters. At the time of his death, he was Paul M. Warburg Professor of Economics Emeritus at Harvard University.