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The Realisation of Profits
Mergers and Managerialism
Class Struggle the Degree of Monopoly
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aggregate degree argued assume average behaviour British capacity utilisation capitalist cent Chapter class struggle concentration consumption corporations Courtaulds Cowling decline degree of collusion degree of monopoly determined distribution domestic monopolies dominant economy effect elasticity of demand equilibrium estimates evidence excess capacity expect export fall firms growth higher impact imply imports income innovation international competition Keynesian kinked demand M-form manufacturing marginal cost mark-up market structure maximising merger Monopolies Commission monopoly capital monopoly power oligopolistic oligopoly group opoly organisation output overhead costs overhead labour period policies position potential entry price elasticity price—cost margins price—output production profit rate profit share profit-maximising propensity raise rate of profit rate of return ratio real wages realisation crisis reduce relationship reported profits result return on capital revealed rising salary sector share of profits significant specific substantial tend tendency threat trade union variable wage increases wage share Whilst worker power workers