Capitalism tends toward monopoly and is therefore anti-market
Evidence
Capital has no interest in either the health of markets, or in competition. As Manuel DeLanda, following Fernand Braudel, has argued, capitalism, with its tendency towards monopoly and oligopoly, can more accurately be defined as anti-market rather than as a system which promotes thriving markets. — Mark Fisher (edited by Darren Ambrose), K-Punk, 1721
As Manuel DeLanda, following Fernand Braudel, has argued, capitalism, with its tendency towards monopoly and oligopoly, can more accurately be defined as anti-market rather than as a system which promotes thriving markets. — Mark Fisher (edited by Darren Ambrose), K-Punk, 1721
Categorization
- DEFINE: Defines capitalism against the market concept, reversing the commonsense equation of the two.
- XREF: Braudel/DeLanda’s anti-market thesis explicitly contrasts with mainstream economics and the ‘market competition’ rhetoric. — connects to: Capitalism’s ideology is now itself anti-capitalist in content — Mark Fisher (edited by Darren Ambrose), K-Punk: The Collected and Unpublished…, 582; Monopoly capitalism destroys the very notion of property while retaining its form; Fully monopolized capitalism requires a state monopoly over political power to survive (+5 more)
- corroborated: 2 independent passages support this claim — Mark Fisher (edited by Darren Ambrose), K-Punk: The Collected and Unpublished…, 1721
Broader Connections
- Monopoly capitalism destroys the very notion of property while retaining its form
#expands(0.90) - Fully monopolized capitalism requires a state monopoly over political power to survive
#expands(0.85) - Neoliberalism inverted classical liberalism by defending monopoly and corporate power
#expands(0.80) — Philip Mirowski, Never Let a Serious Crisis Go to Waste, 175 - Monopoly capitalism replaces liberal-legal institutions with irrational totalitarian authority
#expands(0.80) — Martin Jay, The Dialectical Imagination, 402 - Middle-class concessions yield only formal socialism masking monopoly capitalism
#expands(0.80) — Rolf Wiggershaus, The Frankfurt School, 572 - Capitalism operates as opportunistic parasitism, not optimal allocation
#expands(0.75) — Yves Citton, The Ecology of Attention, 180 - Capitalism’s break from earlier systems is market dependence, not markets themselves.
#qualifies(0.75) — Clara E. Mattei, Escape from Capitalism, 62