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Monopoly Capitalism Thesis, Chicago Economics, and MIT

Monopoly Capitalism Thesis, Chicago Economics, and MIT

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nescio13
Apr 21, 2023
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digressionsimpressions’s Substack
digressionsimpressions’s Substack
Monopoly Capitalism Thesis, Chicago Economics, and MIT
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[At the end of this post I have some house-keeping announcements.]

Marxism predicts that left to its own devises capitalism tends toward monopoly. Let's call this the 'monopoly capitalism thesis.' I suspect the most famous articulation of this thesis was develop in the context of debates over the nature and fate of early twentieth century imperialism. Fo…

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