Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/229151
Authors: 
Bichler, Shimshon
Nitzan, Jonathan
Year of Publication: 
2021
Series/Report no.: 
Research Note
Abstract: 
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.
Subjects: 
capital as power
corporate concentration
differential accumulation
dominant capital
JEL: 
P16
G3
URL of the first edition: 
Creative Commons License: 
https://creativecommons.org/licenses/by-nc-nd/4.0/
Document Type: 
Working Paper

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