The technostructures achieve great expertise in making decentralized decisions that are involved in the microeconomic management of both the technological and institutional aspects of the organization and operation of the large, technologically oriented, oligopolistic corporations that dominate contemporary American capitalism.
Galbraith coined the word "technostructure" to designate this large group of people who collectively participate in corporate decision making or the organization that they constitute (Galbraith, 1971, pp.
The most important difference between these distinguished scholars was that Ayres continued to use the Veblenian dichotomy to distinguish between technology and institutions, but Galbraith merged technological and institutional decisions into the technostructure.
Ricci traces the institutional growth of higher education, the rise of professionalism, technostructures
and big government, bureaucrats and staff, the churches, and consumerism, all as developments contributing cultural elements to the modern think tank.