Galbraith contribution to economic belief nowadays is something that cannot be looked over, as he significantly criticizes the today’s economic theory by obscuring the power to the large corporation. He highly stresses that politicians in today’s society merely align themselves with the objectives of large entities and restrain the public interest from playing a role in the economy. Galbraith claims that infinite power of large firms is sustained through conventional wisdom, which has ignored the consumer needs and supersedes the market in favor of large corporations. More constructively, Galbraith has sought to examine the power and bold the idea that, understanding power is critical to understand the firms, by highlighting the fact on how
