economic concentration

Back in December of last year, in the midst of the “conflation” debates, I posted a couple of articles about the retail book industry: “Who benefits most economically from state centralization?” and “there’s nothing wrong with competition.” In them, I talked a bit about the relative merits of the “big-box” and “small-box” models of bookselling, and started to talk about two competing visions of how “competition” can be thought about as an economic good. It’s tempting to relate the two models of competition to Dyer Lum’s distinction between “militant” and “industrial” types: on the one hand, we have the centralists’ […]