Bichler, ShimshonNitzan, Jonathan2022-10-282022-10-282021Dominant Capital is Much More Powerful Than You Think. Bichler, Shimshon and Nitzan, Jonathan. (2021). Research Note. January. pp. 1-7. (Article - Working Paper; English).http://hdl.handle.net/10315/39810capital as power corporate concentration differential accumulation dominant capitalHow should we measure the power of dominant capital? Economists, although seldom if ever referring to ‘dominant capital’, quantify the relative size of large firms by measuring their so-called aggregate concentration. But for all their insight, measures of aggregate concentration have one serious shortcoming: they tend to underestimate the power of dominant capital and its temporal growth – by a lot.Working Paper