Dominant Capital is Much More Powerful Than You Think

Dominant Capital is Much More Powerful Than You Think
Bichler, Shimshon and Nitzan, Jonathan. (2021). Real-World Economics Review Blog. February. (Article - Magazine; English).

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How should we measure the power of dominant capital? Economists, although seldom if ever referring to ‘dominant capital’, quantify the relative size of large firms by measuring their so-called aggregate concentration. But for all their insight, measures of aggregate concentration have one serious shortcoming: they tend to underestimate the power of dominant capital and its temporal growth – by a lot.



Publication Type

Article - Magazine


capital as power corporate concentration differential accumulation dominant capital


BN Methodology
BN Power
BN Region - North America
BN Business Enterprise
BN Capital & Accumulation
BN Distribution

Depositing User

Jonathan Nitzan

Date Deposited

14 Feb 2021 16:06

Last Modified

14 Feb 2021 16:06


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