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- W2991701685 abstract "The purpose of this paper is to examine the trends toward global industry concentration and discuss the implications of the lack of effective global regulators for the global economy. The paper reviews Karl Marx’s conclusion that the inevitable result of capitalism is a monopoly in light of the evolution of capitalism in the United States from the late 1800’s until the mid-1900s that lead America to enact laws aimed at increasing competition, regulating monopolies and controlling externalities. The focus then shifts to a discussion of the implications of the new era of global industry consolidation without a “global” regulator." @default.
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- W2991701685 date "2013-06-01" @default.
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- W2991701685 title "Emerging Oligopolies in Global Markets: Was Marx Ahead of His Time?" @default.
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