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The law of increasing concentration of capital is probably the most successful prediction made by Karl Marx until now. Just another sample: "Since the 1950s, f
by nahuel0x 6y ago
The law of increasing concentration of capital is probably the most successful prediction made by Karl Marx until now. Just another sample:
"Since the 1950s, food retailing in the UK has undergone a massive shift from high streets, covered markets and district centres full of small independent specialist food shops; grocers, greengrocers, bakers and butchers, to the domination of food retailing by the "big four" supermarket chains; Tesco, Asda, Sainsbury's and Morrisons. In 1960 small independent retailers had a 60% share of the food retail market, supermarkets about 20%. Now the small independents share is reduced to 6%, while the multiples' share has increased to 88%.7"