- 273
\
will have proved only temporary and the way for its continuation
will soon he free. With the rise of oligopoly which in~
America can he dated approximately-at the end of the ^tret-
cJ>
century/ this corrective influence of competition^weakene*:. Ttf
the systeniy at this stage, is near to
the theoretical limit to which it tends with the given
structural coefficients, and if the;growth in profit margins
dui
e fo oligopoly leaqs to a decline in utilisation which will
nc
t *>e corrected hy a
growtp will decline,
fop tfce onconfe of mat
o|f capital - lla the t
i
^egim^ of industry.
competitive struggle, then the rate of
The change which is directly responsible
irity - the decline in the rate of growth
:»ansition to a predominantly oligopolistic
i