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The modern food industry and public health: a Galbraithian perspective

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  • Stephen Dunn

Abstract

John Kenneth Galbraith famously argued that many of the health problems faced by modern advanced economies were a result of increased consumption, ushered in by the large corporation. Although attracting a degree of attention and notoriety around the time of publication, Galbraith's analysis of the large corporation in >i>The New Industrial State>/i> has slipped somewhat from view. This paper considers Galbraith's approach to the firm, highlighting how it characterizes the modern food industry. The paper argues that Galbraith has much to contribute to the understanding of debates on the modern food governance, suggesting a range of regulatory responses.

Suggested Citation

  • Stephen Dunn, 2011. "The modern food industry and public health: a Galbraithian perspective," Journal of Post Keynesian Economics, Taylor & Francis Journals, vol. 33(3), pages 491-516, April.
    • Handle: RePEc:mes:postke:v:33:y:2011:i:3:p:491-516
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    Cited by:

    1. Jordan Melmiès, 2017. "Industrial Seigniorage: The Other Face of Competition," Review of Radical Political Economics, Union for Radical Political Economics, vol. 49(2), pages 286-302, June.
    2. Naoise McDonagh, 2021. "Credit Guidance for a Desired Economy: An Original Institutional Economics Critique of Financialization," Review of Radical Political Economics, Union for Radical Political Economics, vol. 53(4), pages 675-693, December.

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