Arbeitspapier

Dominant Capital is Much More Powerful Than You Think

How should we measure the power of dominant capital? Economists, although seldom if ever referring to ‘dominant capital’, quantify the relative size of large firms by measuring their so-called aggregate concentration. But for all their insight, measures of aggregate concentration have one serious shortcoming: they tend to underestimate the power of dominant capital and its temporal growth – by a lot.

Language
Englisch

Bibliographic citation
Series: Research Note

Classification
Wirtschaft
Capitalist Systems: Political Economy
Subject
capital as power
corporate concentration
differential accumulation
dominant capital

Event
Geistige Schöpfung
(who)
Bichler, Shimshon
Nitzan, Jonathan
Event
Veröffentlichung
(who)
The Bichler and Nitzan Archives
(where)
Toronto
(when)
2021

Handle
Last update
10.03.2025, 11:44 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Bichler, Shimshon
  • Nitzan, Jonathan
  • The Bichler and Nitzan Archives

Time of origin

  • 2021

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