John Kenneth Galbraith Quotes
Power is as power does.
Galbraith, John Kenneth. The Anatomy of Power. Houghton Mifflin, 1983.
Johansson is describing the origin of the word “hegemony.” During the 5th Century B.C. Athens and their allies formed the Delian League to combat the Persian Empire. Athens, as the most powerful city-state in Ancient Greece, controlled the alliance and the League soon turned into the Athenian “empire” or “hegemony.”
John Kenneth Galbraith OC, also known as Ken Galbraith, was a Canadian-American economist, diplomat, public official and intellectual. A leading proponent of 20th-century American liberalism, his books on economic topics were bestsellers from the 1950s through the 2000s. As an economist, he leaned toward post-Keynesian economics from an institutionalist perspective.