Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/270981 
Erscheinungsjahr: 
2023
Schriftenreihe/Nr.: 
City Political Economy Research Centre Working Paper Series No. 2023-04
Verlag: 
City University of London, London
Zusammenfassung: 
The concepts of rentiership and intellectual monopoly have gained increased prominence in discussions about the transformation of global capitalism in recent years. However, there have been few if any attempts to construct measures for rentiership and intellectual monopoly using firm-level financial data. The absence of such work, we argue, is symptomatic of conceptual challenges in delineating what precisely qualifies as rent, intellectual or otherwise. In place of static conceptions of rent and intellectual monopoly, we develop a dynamic framework for analyzing the processes of rentierization and intellectual monopolization and apply this framework to the analysis of the transformation of non-financial firms in the United States since the 1950s. We find that the timing and intensity of rentierization and intellectual monopolization differs significantly across sector and firm size and is heavily mediated by the uneven ramifications of government policy across companies and industries. Overall, our framework illuminates the variegated landscape of corporate power in the US, and offers a useful guide for critically interrogating rentierization and intellectual monopolization in other contexts.
Schlagwörter: 
capital accumulation
competition
degree of monopoly
financialization
intangibles
intellectual property
productivity
profit
United States
rent
scarcity
JEL: 
P1
D72
L12
D42
D4
O34
Creative-Commons-Lizenz: 
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Dokumentart: 
Working Paper

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