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Capitalism
Articles About Capitalism
What Is Capitalism?
Five Characteristics of Capitalism
Market Exchange
Markets
Articles About Markets
Market Structures (1993)
Monopsony
Attachments
Monopsony
Parents
Buying
Market Structures (1993)
The Economics of Imperfect Competition (1933)
Children
Crucially, Robinson argued that workers, as sellers of their own labor, almost always faced monopsonistic exploitation from employers, the buyers of their labor.
EP 346 Cory Doctorow on Why the Internet Got Worse and What to Do About It (the day before Rutt died)
Joan Robinson
Monopsony, Robinson argued, is endemic to the labor market and demands an ongoing regulatory response throughout the economy.
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Monopoly
Oligopsony