A capitalist market economy does always end up in monopolies, privileges and concentration of wealth; the social market economy is an ideal of christian (biblical) social teachings, which was popular after WW2 to counter communist ideology in Western countries. Of couse, a market economy can function without a capitalist monetary order; the paradox of history itself is that capitalism has become a planned economic system, with central banking, which was the original proposal of K. Marx. In this sense, state monopoly capitalism, at the moment, which is no more capitalism but rentocracy, tries to preseve itself with the recipes of communism. It seems to be the case, dear Dariusz Prokopowicz , that we are slowly becoming part of an economic comedy; hopefully, not with a tragic outcome.

If we live our lives as a gift it is possible to reach a blissful state of eternal happiness. It is those who live their life with a sense of entitlement that undermine peace , freedom and liberty. Know that every breath is a miracle and every moment a blessing and you will achieve your dreams. Planning other people's actions means to prevent them from planning for themselves, means to deprive them of their essentially human quality, means enslaving them.

Ludwig von Mises

When economy grows, its essential to adopt changes and move forward, otherwise we wont sustain in the market, its a basic rule for business.

Even large corporations established businesses, still there is a place for SMEs, of course some profit margin variations, due to heavy competition.

Yes, the concentration of capital and monopolization of markets is often seen as a manifestation of imperfect markets in a social market economy.

I find this question of no relevance. What is the conclusion, if the answer is Yes? What follows from a No-answer?

I do not care about perfect or imperfect markets.

Dear researchers, scientists, friends, participants in discussions on the discussion forums of this Research Gate portal

In the midst of these our substantive discussions on various topics and issues considered scientifically, there are unfortunately but fortunately few malicious responses, in fact they are not substantive responses only malicious emotionally negative comments, comments that may suggest negative emotional states towards other people participating in the discussions, towards other cultures that these people represent. This could inspire an interesting research topic. It may be worth addressing this problem scientifically and conducting research on the subject. I encourage you to do so. I would be happy to join the research on this topic, if a research team would be formed on this topic. How about forming an international research team on this topic? Dear researchers, scientists, friends, participants in discussions on the discussion forums of this Research Gate portal, what do you think?

On the other hand, I am glad that, despite the occurrence of a few malicious, disrespectful comments to other people, most of the responses of people participating in various discussions, on various issues of scientific problems, most of the answers given by researchers and scientists, people participating in various discussion threads give fully substantive answers without negative emotional charge to the author of the questions asked, to other people inspiring discussion. Thanks to substantive answers with respect for other people, other researchers and scientists, including people representing other countries, other cultures, etc., science really develops, scientific cooperation develops.

Thank you very much and I invite you to substantive discussions.

My warmest greetings,

Dariusz Prokopowicz

Dariusz Prokopowicz thank you for the most interesting question. The posts provided are also very interesting indeed and provide some very good insights into the discussion. I have been researching the sharing economy in developing economies over the past years and even though the perspective of such an economy is, to a degree, social economy tending, it does tend to create imperfect markets. This imperfection arises as a result of how the sharing economy is being implemented, but also as per the lack of public policy and global public policy that does not 'correct' such market imperfections. From the research, what has emerged is that 'concentrations' of capital, money and market power, for example, fall mainly in the hands of brokerage service enterprises. One well known example is that of Uber, but this is only one among the many. Such cases, tend, to replicate the same general similarities, especially related to labour and related jobs and jobs tasks. These matters, however, should not overshadow the benefits that are provided, as there are benefits. Just one example, Uber has provided in urban contexts mobility benefits which were minimal or inexistent previously, for those with low incomes. Clearly the above derives from my own research and thus within its boundaries and of course its limitations.

Dear Doctor

Go To

Competition and monopoly in the U.S. economy: What do the industrial concentration data show?

Leila Davis and Özgür Orhangazi

Volume 25, Issue 1, (2020)

https://doi.org/10.1177/1024529420934011

"Abstract

A recent series of academic studies, think-tank reports, and news articles shows widespread attention to rising industrial concentration and market power in the U.S. economy. In this paper, we focus on concentration in the U.S. nonfinancial corporate sector to make three contributions to the literature. First, we use examples from the debate on industrial concentration to show that there are often-divergent predictions in the theoretical literature surrounding the expected consequences of concentration and monopolization for nonfinancial firms. Second, we use industry-level concentration data to describe recent trends in average concentration. We show that, while concentration increases across the majority of industries after the late 1990s, the retail and information-services sectors are particularly key for understanding recent trends in average industrial concentration. Third, we link our industry-level analysis with firm-level data to describe the relationship between industrial concentration and nonfinancial corporations’ profitability, markups, and investment. Consistent with the ambiguities in the theoretical literature, we find that these relationships are not uniform: while some highly concentrated industries confirm standard expectations with high markups, high profitability, and low investment rates, other highly concentrated industries earn lower-than-average markups and profits, suggesting that – in some industries – increased concentration and intensified competition may go hand in hand."

Access to capital to too little few will cause a heavy monopolization of the market in an imperfect market....Just like what is prevalent in Nigeria.There is a high concentration of capital to little few individuals who are opportuned and have the backings of Government...This few individuals would be price givers in the market....hence influencing the prices of goods and services...prices would no longer be determined by market forces.