Monopoly Capital
Monopoly Capital: An Essay on the American Economic and Social Order is an essay from 1966 by Paul Sweezy and Paul A. Baran. It made a major contribution to Marxist theory by shifting attention from the assumption of a competitive economy to monopolistic aspects of giant corporations that dominate market life.
Read more about Monopoly Capital: Argument
Famous quotes containing the words monopoly and/or capital:
“Like many businessmen of genius he learned that free competition was wasteful, monopoly efficient. And so he simply set about achieving that efficient monopoly.”
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