tư bản tập trung
Definition
- Noun:
- Concentration of capital: The economic process where capital (wealth used for investment) becomes increasingly controlled by a smaller number of large capitalists or corporations. This is a result of competition, where larger capitalists outcompete and absorb smaller ones.
- Centralized capital: The accumulated capital itself that is held in a few hands or centers of economic power.
Usage Examples
- Noun:
- Quá trình tư bản tập trung là một đặc điểm của chủ nghĩa tư bản. (The process of concentration of capital is a characteristic of capitalism.)
- Sự ra đời của các tập đoàn lớn phản ánh hiện tượng tư bản tập trung. (The emergence of large corporations reflects the phenomenon of centralized capital.)
Advanced Usage
- This term is primarily used in political economy and Marxist theory to analyze the dynamics of capitalist development, leading to monopoly formation.
- It can be discussed in contrast to "tích tụ tư bản" (accumulation of capital), which refers to the growth of an individual capitalist's wealth through reinvestment of profits.
Variants and Related Words
- Tập trung tư bản: An alternative phrasing with the same meaning (concentration of capital).
- Độc quyền (n): Monopoly; often presented as a consequence of the concentration of capital.
- Tích tụ tư bản (n): Accumulation of capital; the process of increasing capital through reinvestment, often a precursor to concentration.
Synonyms
- Centralization of capital
- Capital concentration
Related Concepts
- Monopoly: A market structure with a single seller, often seen as the end result of capital concentration.
- Oligopoly: A market state where a small number of firms hold the majority of market share.
- Competition: The rivalry between capitalists that drives the process of concentration.