MONOPSONY CAPITALISM: An interview with Ashok Kumar
A World to Win with Grace Blakeley
00:00
Monopoly and Monopony
As these firms become more monopolistic, because of this underlying logic of competition that moves us toward centralization. The greater the monoplonistic relationship, the smaller the monopoly power of the producers. So as they're expanding, they're still reinforcing their own monopolistic relationship to the market. And it's almost like these firms, these large buyers, are kind of producing, in lots of ways, their own grave diggers,. so they move towards more and more consolidated firms.
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