Yes, capital has a tendency to concentrate and centralize. A 19th century philosopher summed [0] this phenomenon of the concentration and centralization of cap

Yes, capital has a tendency to concentrate and centralize. A 19th century philosopher summed [0] this phenomenon of the concentration and centralization of capital: Capital grows in one place to a huge mass in a single hand, because it has in another place been lost by many.... The battle of competition is fought by cheapening of commodities. The cheapness of commodities demands, caeteris paribus, on the productiveness of labour, and this again on the scale of production. Therefore, the larger capitals beat the smaller. It will further be remembered that, with the development of the capitalist mode of production, there is an increase in the minimum amount of individual capital necessary to carry on a business under its normal conditions. The smaller capitals, therefore, crowd into spheres of production which Modern Industry has only sporadically or incompletely got hold of. Here competition rages.... It always ends in the ruin of many small capitalists, whose capitals partly pass into the hands of their conquerors, partly vanish. [0]: https://en.wikipedia.org/wiki/Capital_accumulation#Marxist_concept https://en.wikipedia.org/wiki/Capital_accumulation#Marxist_c...