Comment | >Competition becomes transformed into monopoly. The result is immense progress in the socialisation of production. In particular, the process of technical invention and improvement becomes socialised.
― Vladimir Ilich Lenin, Imperialism, the Highest Stage of Capitalism: Full Text of 1916 Edition
>But suppose, for the sake of argument, free competition, without any sort of monopoly, would develop capitalism trade more rapidly. Is it not a fact that the more rapidly trade and capitalism develop, the greater is the concentration of production and capital which gives rise to monopoly?
― Vladimir Ilyich Lenin, Imperialism, the highest stage of capitalism: a popular outline |
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