The Market Power of Technology

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The Market Power of Technology

Kurz, Mordecai

2023, 2023-01-03, 2023.

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Mordecai Kurz develops a comprehensive integrated theory of the dynamics of market power and income inequality. He shows that technological innovations are not simply sources of growth and progress: they sow the seeds of market power. Technological market power tends to rise, increasing inequality of income and wealth.

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