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The New Industrial State in American Politics

Gil Turner

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Published in The New Industrial State (The James Madison Library In American Politics 9)

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The New Industrial State (The James Madison Library in American Politics 9)

The New Industrial State (The James Madison Library in American Politics Book 9)

by John Kenneth Galbraith

4.1 out of 5

Language	:	English
File size	:	3639 KB
Text-to-Speech	:	Enabled
Screen Reader	:	Supported
Enhanced typesetting	:	Enabled
Word Wise	:	Enabled
Print length	:	571 pages

The New Industrial State, as described by John Kenneth Galbraith, is a complex and evolving system that has had a profound impact on American politics and society. The most striking feature of the New Industrial State is its high degree of concentration. A few large corporations dominate key industries, and these corporations have enormous power over the economy and the political system.

The concentration of economic power in the hands of a few large corporations has led to a number of problems. First, it has reduced competition and led to higher prices for consumers. Second, it has given corporations a great deal of influence over government policy, which they have used to promote their own interests at the expense of the public good. Third, it has led to a decline in the power of labor unions, which has made it more difficult for workers to protect their rights and improve their wages and working conditions.

The New Industrial State has also had a significant impact on the way that American politics is conducted. The large corporations that dominate the New Industrial State have become major sources of campaign contributions, and they use this money to influence the outcome of elections. They also lobby Congress and the executive branch to promote their own interests. As a result, the political system has become increasingly responsive to the needs of big business, and less responsive to the needs of ordinary Americans.

The New Industrial State is a powerful force that has had a profound impact on American politics and society. It is important to understand the challenges that the New Industrial State poses to democracy and to develop strategies to address these challenges.

The Rise of the New Industrial State

The New Industrial State emerged in the United States in the early 20th century. The rise of large corporations, the development of new technologies, and the growth of the military-industrial complex all contributed to the creation of the New Industrial State.

One of the key factors in the rise of the New Industrial State was the development of new technologies. The invention of the automobile, the airplane, and the computer led to the creation of new industries and the expansion of existing ones. These new technologies also made it possible for large corporations to achieve economies of scale and to dominate their respective markets.

Another factor in the rise of the New Industrial State was the growth of the military-industrial complex. The First World War and the Second World War led to a massive increase in government spending on military research and development. This spending helped to fuel the growth of large defense contractors, which became major players in the New Industrial State.

The rise of the New Industrial State also led to a decline in the power of labor unions. In the early 20th century, unions were a major force in American politics and society. They fought for better wages, working conditions, and benefits for workers. However, the rise of large corporations and the growth of the New Industrial State made it more difficult for unions to organize workers and to achieve their goals.

The Impact of the New Industrial State on American Politics

The New Industrial State has had a significant impact on American politics. The large corporations that dominate the New Industrial State have become major sources of campaign contributions, and they use this money to influence the outcome of elections. They also lobby Congress and the executive branch to promote their own interests. As a result, the political system has become increasingly responsive to the needs of big business, and less responsive to the needs of ordinary Americans.

The New Industrial State has also made it more difficult for new businesses to enter the market. The large corporations that dominate the New Industrial State have a number of advantages over smaller businesses. They have access to more capital, they have economies of scale, and they have established relationships with suppliers and customers. As a result, it is very difficult for new businesses to compete with the large corporations that dominate the New Industrial State.

The New Industrial State has also led to a decline in the power of labor unions. In the early 20th century, unions were a major force in American politics and society. They fought for better wages, working conditions, and benefits for workers. However, the rise of large corporations and the growth of the New Industrial State made it more difficult for unions to organize workers and to achieve their goals.

Challenges to Democracy Posed by the New Industrial State

The New Industrial State poses a number of challenges to democracy. First, the concentration of economic power in the hands of a few large corporations gives these corporations a great deal of influence over government policy. This can lead to policies that benefit big business at the expense of the public good.

Second, the New Industrial State has made it more difficult for new businesses to enter the market. This can lead to a less competitive economy and higher prices for consumers.

Third, the New Industrial State has led to a decline in the power of labor unions. This makes it more difficult for workers to protect their rights and improve their wages and working conditions.

These are just some of the challenges that the New Industrial State poses to democracy. It is important to understand these challenges and to develop strategies to address them.

Strategies for Addressing the Challenges Posed by the New Industrial State

There are a number of strategies that can be used to address the challenges posed by the New Industrial State. One strategy is to strengthen antitrust laws and to break up large corporations that have become too powerful. Another strategy is to provide government support for small businesses and to make it easier for them to enter the market. A third strategy is to strengthen labor unions and to make it easier for workers to organize and bargain collectively.

These are just some of the strategies that can be used to address the challenges posed by the New Industrial State. It is important to develop a comprehensive strategy that addresses all of the challenges and that protects the interests of the American people.

The New Industrial State (The James Madison Library in American Politics Book 9)

by John Kenneth Galbraith

4.1 out of 5