From monopolies to oligopolies

The events that are unfolding day by day after the outbreak of the COVID -19 have signaled to us the new economic perspective, system or order that is going to prevail and dominate in the future. 

Capitalism had failed before it started. The envisioned capitalism was quickly replaced by the crony version that has accomplished the mission and governed the market. Monopolies have thrived but lacked coordination. As COVID- The Nineteenth messes up the global economy, monopolies are transforming themselves into oligopolies.  

Small, medium and even large companies are going to be absent from the master scene. A few large corporations with uncompetitive products will share the pie. 

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.