Carnegie believed the concentration of capital was essential for societal progress and should be encouraged.
2.
One of the specific characteristics of Russia in the transition period is a high concentration of capital.
3.
This concentration of capital in Paris also contributed to the concentration of the railway system in the metropolis.
4.
At the start of the 20th century, concentration of capital was taking place in Armenia as capitalistic relations developed.
5.
In this stock market, there is no buying or selling of stocks, which leads to negative externalities associated with a concentration of capital ownership.
6.
Inevitably, of course, problems built up, unaddressed if not unidentified, notably the concentration of capital in the giant trusts and the victimization of labor.
7.
However, the chaebol-led industrialization accelerated the monopolistic and oligopolistic concentration of capital and economically profitable activities in the hands of a limited number of conglomerates.
8.
It is concentration of capitals already formed, destruction of their individual independence, expropriation of capitalist by capitalist, transformation of many small into few large capitals.
9.
Economist Branko Horvat stated : " . . . it is now well known that capitalist development leads to the concentration of capital, employment and power.
10.
In sum, the concentration of capital ownership is always extreme, so that the very notion of capital is fairly abstract for large segments if not the majority of the population.
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