Circumstances Quote by John Kenneth Galbraith
“Technology, under all circumstances, leads to planning; in its higher manifestations it may put the problems of planning beyond the reach of the industrial firm. Technological compulsions, and not ideology or political will, will require the firm to seek the help and protection of the state.”
About This Quote
Source Book: The New Industrial State, 1967
Technology drives firms to rely on state support because it creates planning challenges beyond their control.
In simple terms: Tech forces firms to seek government help.
Key Takeaway
Recognize tech’s impact on governance.
Themes
technology
planning
state intervention
industrial strategy
Mood
cautious
analytical
Type
economic
political
When to use this quote
- corporate strategy
- regulatory compliance
- public‑private partnerships
Key Concepts
institutional economics
public policy
technological determinism
Questions to Reflect On
- How does tech reshape corporate power?
- When should the state intervene?
A Different Perspective
Technology may also empower firms to bypass state oversight.
