Big firms attract more credit and state support, reinforcing concentration.
Evidence
The processes of centralization and concentration feed into each other. The larger you are, the more investors you will attract, and the more credit you will receive at advantageous interest rates from banks. At the same time, state support will increase by way of tax breaks and various economic benefits. Hence the emergence of what is commonly referred to as the monopolistic power of large conglomerates. — Clara E. Mattei, Escape from Capitalism, 134
Categorization
- XREF: connects to: Foreign investor ownership rises even in concentrated-ownership economies — Natascha van der Zwan, Making Sense of Financialization, 89; Law-firm employment concentration grew enormously between 1968 and 2011 — G. Alan Tarr, Judicial Process and Judicial…, 1043; Business investment in capturing parliaments proves those institutions matter — Mark Fisher (edited by Darren Ambrose), K-Punk: The Collected and Unpublished…, 1681 (+1 more)