Corporate Communism

In markets which benefit from certain 'attributes' (e.g. economies of scale, barriers to entry) then corporate monopolisation is a natural evolution of the market. Adam Smith warned of these eventualities. Marx saw Communism as the natural *evolution* of capitalism and its inexorable implosion towards corporatisation. (Thrownin portfolio theory and you have a general recipe for centralisation) There's plenty of writing, both pre and post Keynesian which details these relationships. Its also historically accurate. Monopolies may have *originally* been granted to public corporations (we're talking C16th) but they only gained popularity as a form of business enterprise when the need to accumulate massive capital become pressing. Remember, if you want to make lots and lots of money, then competition is something you *don't* want.

-- me, via kuo5hin, about 11 months ago.

hehehe, I am a wanker.