’Countervailing Power’ is a prolixity attributable to the *late social economist John Kenneth Galbraith to describe an impetus for work....
Doesn’t he mean compensation?
I don’t know the source of your definition, but I suggest you find a better one.
Countervailing power was a term coined by Galbraith (1952) to describe the ability of large
buyers in concentrated downstream markets to extract price concessions from suppliers.
Countervailing power is the theory of political modification of markets, formulated by American economist JOHN KENNETH GALBRAITH (1908- ).
In the classic liberal economy, goods and services are provided and prices set by free bargaining.
Modern economies give massive powers to large business corporations to bias this process, and there arise ‘countervailing’ powers in the form of trade unions, citizens’ organizations and so on, to offset business’s excessive advantage.
In fact, new restraints on private power did appear to replace competition. They were nurtured by the same process of concentration which impaired or destroyed competition. But they appeared not on the same side of the market but on the opposite side, not with competitors but with customers or suppliers. It will be convenient to have a name for this counterpart of competition and I shall call it countervailing power.
John Kenneth Galbraith, American Capitalism: The Concept of Countervailing Power, available on Googlebooks.
“Impetus to work”???
As power is the amount of energy necessary to apply force over time, countervailing power is perhaps better reduced to counterweight or countermeasure
Your introduction of the physicist’s definition of power is, first, pointless, because the sense of “power” as used by Galbraith is clearly not that used in physics, and second, erroneous even from the physical standpoint, because it bungles the definition. Energy is not necessary to apply force. A book sitting on my desk is applying force to the desk but is not expending any energy in doing so.