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《Contemporary Economic Research》 2000-01
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Marx and Engels' Theories of Merging Models of Enterprises and Their Practical Significance

Xue Youzhi  
Marx and Engels revealed three models of enterprise merging in their theory of capital concentration: The first was a merger among many small enterprises into a large one. The second was a merger between a large enterprise and a small one. The third was a merger between two large enterprises. The three merges were conducted in two ways:forced merging and smooth merging through a stock company. Competition and credit were the effective lever that formed and developed the three models. The effects were as follows: First, they enabled the enterprises to expand operations quickly. Second, they accelerated the technological advances of the enterprises. Third, they resulted in batches of unemployed workers. Fourth, they led to monoply. The scientificalness of the theory of the merging models proposed by Marx and Engels has been proved by the history of mergers and practices in the west. Even today, it still carries strong practical significance.
【CateGory Index】: F091.91 
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