Theory is the main theory of Galbraith's analysis of contemporary capitalism, and it is also the main viewpoint he advocated in Economics and Public Goals published by 1973. He believes that there are two economic systems in modern industrial society, namely "planned system" and "market system". The former is the system of mastering technical structure; The latter shows that small businesses are still dominated by market mechanisms. The "planning system" consists of about 65,438+0,000 large companies, which have the power to manipulate prices, and their power is in the hands of technicians and managers. The company's goal is stability and growth, and producer sovereignty replaces consumer sovereignty; The "market system" consists of about120 thousand smaller enterprises, which have no right to control prices, consumers and market forces. They are interdependent and interrelated in social and economic life, but their power is unequal. Under the dual economy, small enterprises are exploited and oppressed by large enterprises, which intensifies the inequality between the two systems; On the other hand, as a powerful organization, trade unions protect the interests of workers. Therefore, Galbraith believes that the opposition between the two systems, especially the inequality of power, will inevitably lead to more income inequality. To eliminate this drawback, the public and the government need to support the market system, take various measures to improve its status and power, and suppress the power of the planning system. He flaunted these policies and measures as "new socialism". The key to the reform lies in "the liberation of faith", that is, redefining the policy objectives, and the scientific education circles and social innovation forces with "independent spirit" will bear the heavy responsibility of the reform.