concern

(redirected from concerning)
Also found in: Dictionary, Thesaurus, Legal, Idioms.

concern

a commercial company or enterprise

Concern

 

one of most developed forms of monopolist associations, characterized by a unity of ownership and control. It is the prevailing form of monopoly in contemporary developed capitalist countries. Member enterprises are subject to the control of the financial magnates heading the concern. Sometimes a special company, the holding company, is set up to act as a managing body of the concern; the holding company will have a controlling interest in many different companies.

Concerns were first founded in Germany after World War I. They developed further with the growth of new forms of production concentration, above all the integration in the ferrous and nonferrous metal industry, the coal and oil processing industries, and the chemical industry. In the 1920’s the concentration and centralization of capital became widespread in the USA. There the process was vertical; that is, it consisted of the combination of successive stages of the production process, from the initial raw materials to various finished products.

After World War II, the concerns, influenced by the scientific-technological revolution and the intensification of uneven economic development and the competitive struggle among the capitalist monopolies, assumed new features: their intersectorial diversification, because of the specific conditions of capital accumulation, became more pronounced; fundamental and applied research grew; and the number of large scientific laboratories and experimental shops and departments increased. After the war, the number of international concerns increased greatly.

The decisive advantages of the concerns in the sharp competitive struggle stem from large-scale integrated production, constant introduction of advanced technology, the output of new types of products, the concentration of patents, the possession of production secrets, the accumulation of know-how, and the development of self-financing.

Bourgeois apologists try to represent the concern as an efficient and progressive organization. However, the activity of a concern clearly shows how technological progress under capitalism enriches small groups of large-scale owners and managers and how the progressive aspects are organically interwoven with economic stagnation.

REFERENCES

Politicheskaia ekonomiia sovremennogo monopolisticheskogo kapitalizma, vol. 1. Moscow, 1970. Chapter 6.
Khmel’nitskaia, E. L. Ocherki sovremennoi monopolii. Moscow, 1971.

IU. B. KOCHEVRIN

References in periodicals archive ?
Discernment by the Church concerning the suitability of candidates
Students' Perceptions and Issues Concerning Sexuality.
Although sixth grade students at times may exhibit adolescent characteristics, it seems important to remember that these students need an "elementary" orientation concerning rules and procedures.
NFPA 43B also contains the following information concerning peroxide storage:
Concerning family camp, half the respondents reported they offer or are planning to offer family camp.
Only limited details concerning allegations concerning the connection between the BNL case and the CCC program to Iraq were known at the time that the NAC was considering the proposal for additional export credit sales guarantees to Iraq.
Analyses of company hiring practices concerning psychiatrically handicapped exist but they are few and far between (10).
As in Tafuri's article on Giulio, the theme of license stands at the center of Payne's discussions, which, for all the emphasis on intertextuality, ult imately propose a psychological inquiry; in her view, a "cultural anxiety" concerning appropriation subtends learned discourse in general in the Renaissance, not just in the domain of architecture.
On July 12, 1999, Tax Executives Institute submitted the following comments to the House Committee on Ways and means concerning the confidentiality of advance pricing agreements.
In this article we present the findings concerning the individual children and relate them to some environmental factors.
At some point `tomorrow must be today' concerning management and the board's promises to restore shareholder value," said Galloway.
Her ideas concerning the role of religion in the shaping of consciousness draw eclectically upon the findings of symbolic anthropologists and cultural theorists.

Full browser ?