By Jonathan Gershuny
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The boy and girl from Pala tell them not to be silly. After all, it was an accident. He didn't know that the old man was his father. And anyway the old man began it, hit hirn over the head, and that made Oedipus lose his temper. And when they made hirn king, he had to marry the old queen. She was really his mother; but neither ofthem knew it. And of course all they had to do when they did find out was to stop being married. And all that stuff about marrying his mother being the reason why everybody had to die of a virus - all that was just nonsense, just made up by a lot of poor stupid people who didn't know any better.
Indeed, the pose (EPP) is first three-quarters of Eeonomies Economics and The Publie Public Pur Purpose very similar in content to the latter of these, so the following thumbnail sketch of Galbraith's view about present problems and future possibilities will be a combination ofthese. Galbraith's villain is the large public corporation, which, having no effective owner (the individual stockholder being in general powerless), chooses policy according to the needs ofits of its own employees. And given that the employees in the corporations may be assumed to wish first to stay in the employ ofthe corporation, and then to rise within the corporation, the purposes of the corporation may be assumed to be two-fold -first to perpetuate its own existence, and then, if possible, to expand exparid - and of these the first is of paramount importance.
Ifthere if there is to be any chance for the emancipation ofthe of the state there must be a political grouping that accepts the public cognizance (of the difference between the purpose of the planning system and the public purpose) and is expressly committed to the public purpose. (Galbraith, EPP, p. 243, my parenthesis) and again there is no suggestion of where this leadership might come from. Eventually we also find why Galbraith uses the rather 31 clumsy term 'planning system' to describe the mature corporations.