concern

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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 classic literature ?
However, the government does not concern me much, and I shall bestow the fewest possible thoughts on it.
he exclaimed, sitting bolt upright and appealing to the skies, "here is a woman who believes that the only concern all this causes me is whether she thinks any the worse of me personally on account of it
On the contrary, mademoiselle," said the young man, in a voice which he tried to make firm and brave, but which still trembled, "anything that concerns you interests me to an extent which perhaps you will one day understand.
Yes, madame, here I have a right to do so, for it concerns Monsieur d'Artagnan d'Artagnan," he repeated, in such a manner as to bow the regal brow with recollections of the weak and erring woman.
That concerns you, monsieur, and when once you are engaged "
I am very much upset at a piece of news that concerns Meg, and do not want to face her, and I am not going back to Wickham Place.
The next point of criticism concerns the relation of content and object.
But I shall not make digression into other men's stories which have no relation to my own; so I return to what concerns our affair in the island.
After the common salutations were over, observing his lordship's countenance full of concern, and inquiring into the reason, he desired "I would hear him with patience, in a matter that highly concerned my honour and my life.
1st, to all those which arise out of the laws of the United States, passed in pursuance of their just and constitutional powers of legislation; 2d, to all those which concern the execution of the provisions expressly contained in the articles of Union; 3d, to all those in which the United States are a party; 4th, to all those which involve the PEACE of the CONFEDERACY, whether they relate to the intercourse between the United States and foreign nations, or to that between the States themselves; 5th, to all those which originate on the high seas, and are of admiralty or maritime jurisdiction; and, lastly, to all those in which the State tribunals cannot be supposed to be impartial and unbiased.
the story which followed, of his designs on Miss Darcy, received some confirmation from what had passed between Colonel Fitzwilliam and herself only the morning before; and at last she was referred for the truth of every particular to Colonel Fitzwilliam himself-- from whom she had previously received the information of his near concern in all his cousin's affairs, and whose character she had no reason to question.
Edgar Caswall was far too haughty a person, and too stern of nature, to concern himself about poor or helpless people, much less the lower order of mere animals.