Abstract

Some projections into future of world economy depict an increasing rate of economic concentration, inviting serious thoughts as to its ability to provide for human welfare and to maintain a reasonable degree of diversity and pluralism in world social system. Howard Perlmutter (1969, 1968) advances what he calls 300-Hypothesis, a prediction that global system of future will be dominated by 300 or so giant enterprises. Economist Stephen Hymer (1970) propounds same hypothesis and argues that present trends could produce a regime of 300 or 400 multinational corporations controlling 60 to 70% of world industrial output. And Richard Barber's (1970) recent discussion of concentration in American economy contends that the entire industrialized world will soon be characterized by as high a degree of concentration as now prevails in United States. By 1980, concludes Barber (1970: 264), three hundred corporations will control 75 percent of world's manufacturing assets.'

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