Y
Hacker News
new
|
ask
|
show
|
jobs
by
js8
1109 days ago
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?
1 comments
astrange
1109 days ago
There's no correlation between price increases and industry concentration in the last few years.
https://chrisconlon.github.io/site/markups_pnp.pdf
link
https://chrisconlon.github.io/site/markups_pnp.pdf