Power: A Motivative Mechanism of Economic and Social Evolution——Some Comments on Galbraith's Power Theory In Economics

HUANG De-hai; WANG Dao-ping

Jul. 2021

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Article Navigation > Journal of University of Science and Technology Beijing ( Social Sciences Edition) > 2002 > 18(3): 1-5

HUANG De-hai, WANG Dao-ping. Power: A Motivative Mechanism of Economic and Social Evolution——Some Comments on Galbraith's Power Theory In Economics[J]. Journal of University of Science and Technology Beijing ( Social Sciences Edition), 2002, 18(3): 1-5.

Citation:

HUANG De-hai, WANG Dao-ping. Power: A Motivative Mechanism of Economic and Social Evolution——Some Comments on Galbraith's Power Theory In Economics[J]. Journal of University of Science and Technology Beijing ( Social Sciences Edition), 2002, 18(3): 1-5.

Citation:

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Power: A Motivative Mechanism of Economic and Social Evolution——Some Comments on Galbraith's Power Theory In Economics

HUANG De-hai¹,
WANG Dao-ping²

1. College of Economics and Finance Xi'an Jiaotong University, Xi'an 710061, China;
2. College of Management University of Science and Technology of Beijing, Beijing 100083, China

Received Date: 2005-05-20
Available Online: 2021-07-09

Abstract

Abstract

This paper comments on Galbraith's power theory in economics. Power is a social phenomenon. It is derived from personal qualities, properties and institutions, which incites economic activities by the way of three-in-one. The interaction between the participants in such activities generates and maintains a country's political and economic order and impels its evolution forward.
- power,
- order,
- balance of power,
- motivative mechanism