Wednesday, December 26, 2012

John Kenneth Galbraith on Decisions

There is no name for all who participate in group decision-making or the organization which they form. I propose to call this organization the Technostructure.

In "The New Industrial State" (1967). John Kenneth Galbraith (1908–2006), was a Canadian-American economist. He was a Keynesian, an institutionalist, and a leading proponent of 20th-century American liberalism.

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