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0 pointsjs82y ago0 comments

Isn't "the tendency of the rate of profit to fall" what ultimately prevents new companies to enter the market, causing "the tendency of the rate of profit to rise because of greed" due to price collusion of existing companies?

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astrange2y ago

There's no correlation between price increases and industry concentration in the last few years.

https://chrisconlon.github.io/site/markups_pnp.pdf

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0 pointsjs82y ago0 comments

Isn't "the tendency of the rate of profit to fall" what ultimately prevents new companies to enter the market, causing "the tendency of the rate of profit to rise because of greed" due to price collusion of existing companies?

0 comments

astrange2y ago

There's no correlation between price increases and industry concentration in the last few years.

https://chrisconlon.github.io/site/markups_pnp.pdf

j / k navigate · click thread line to collapse