The Technostructure in John Kenneth Galbraith’s Vision
The Technostructure in John Kenneth Galbraith’s Vision

Summary/Abstract: Large corporations are still an important part of today’s economic scene. Although written more than fifty years ago, The New Industrial State is still a valid perspective on corporation management, on the relation between entrepreneurs and the so called technostrucure, a term introduced by Galbraith by which he defines all the persons who participate in a group decision making. In Galbraith’s view, the power of the modern corporation has passed from the hands of the owners into the hands of the technostructure, a group which basically run the business and have different interests than that of profit making, belonging to the entrepreneurs.

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