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Thursday, July 27, 2017

Mauro F. Guillén — Why scale might be the most important factor in the development of new technology


Capitalism tends toward natural monopoly, monopsony and oligarchy owing to economies of scale. 

Tradeoffs are involved as this influence bleeds to the social and political in addition to the economic.

World Economic Forum
Why scale might be the most important factor in the development of new technology
Mauro F. Guillén | Director, Joseph H. Lauder Institute

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