Capital Concentration and Centralization. Similarities, Differences, Economic Importance

#10. Russia Concentrates?
Capital Concentration and Centralization. Similarities, Differences, Economic Importance

In today’s world a profit of certain companies is constantly changing, their mergers or acquisitions are very often. But is it possible to predict these indicators’ behavior or at least to explain how they work behindhand? The answer to this question is related to the capital concentration and centralization concepts and to the corresponding theoretical apparatus developed by Karl Marx. But how does this apparatus work in real life, are all its prerequisites to be performed, are there any factors that it does not consider? Or maybe this whole theory is worth no more than the paper on which it was written? The answers to all these questions constitute the contents of this essay. Thus, the paper considers practical application of Marx’s theoretical theses on capital concentration and centralization.

Social And Cultural Foundation of the Crisis, Its Opportunities and Threats

#12. Evil People

Today we are increasingly in favour of the idea that the first to describe the coming catastrophic crisis without encouraging reservations and without distinguishing those right and guilty, was Russian by origin Pitirim Sorokin.

Local Authorities in France in Terms of Financial and Economic Crisis

#12. Evil People

Over time, the point of view existed in France that financial independence is the tax independence. But recent years changes and decisions of the Constitutional Council showed that if local authorities even have the financial independence, they cannot enjoy any tax independence.

On Stress-Testing of Banks

#11. Life resources

During stress-testing the researcher is not interested in why the “volcanic eruption” happened, as well as in the probability of such event origin. He enquires what will happen to us (a specific bank or banking sector) if this event happens.

Why Nobel Prize-Winners in Economics are The Main Culprits of the Modern Economic Crisis (Critical Review, 1969-2009)

#3. Somewhere in Between

Motives of awarding Nobel Prizes in economics began to resemble each other like cars; brands and their manufacturers are different, but the cars are practically identical.