Monopoly Capital and Growth

capital2016 — Tue, 10 May 2016 19:48:37 +0000

This article is based on the work of Paul A. Baran and Paul M. Sweezey: Monopoly Capital (Monthly Review Press 1966). The first section analyses the factors that determine output of monopolistic firms in the developed economies. Price is only one of seven factors and is not the most important factor to monopolies and near monopolies. In the second section the structure of the different sectors of the Irish Economy is analysed. It is clear from this analysis that the Irish Economy is dominated by monopolies and near monopolies.

Monopoly – Capital Accumulation, Production and Employment:

Monopoly Capital and Growth