The problem of monopolization of production in Marxist paradigm and modern world

O.O. KOMOLOV
Junior Research Scientist, Center of Macroeconomic Research, PhD Candidate, Institute of Economics, Russian Academy of Science, Moscow, Russia

TERRA ECONOMICUS, 2015, Vol. 13 (no. 2),

p. 95-105

The article analyses the problem of monopolization from the Marxist point of view which is worked out by the representatives of Marxist school – from the founders to the Soviet school of Marxism. Monopolization is considered an objective phenomenon for the modern economy which naturally originates from free market. It is proved by statistics. This process has dual nature. On the one hand, it promotes labor productivity, and on the other hand – it holds some risks which are connected with taking economic and political power by monopoly capital. The way out from this dilemma is seen in socialization of monopolies which will put them under supervision of the whole society because it is determined by the evolution of the economy, influenced by aggressive concentration.

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Keywords: monopolization; concentration; marxism; imperialism; socialization

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Publisher: Southern Federal University
Founder: Southern Federal University
ISSN: 2073-6606