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Monopsony Capitalism

 


Monopsony Capitalism: Power and Production in the Twilight of the Sweatshop Age (Development Trajectories in Global Value Chains)


Little one found it odd that you can by a phone at Costco. Then came a question, What is Costco? I said wholesale seller. She associated it with food. Then we came down to 'its a market' but not like different sellers but that there is only one seller. Then I wondered what about a marketplace for one buyer. I wasnt thinking destructive monopsony. More like a place where you have wish list items that you might be buying in the near future. Coming at the products and services from the customer's viewpoint. 
Has payments become strong like accounting in germany that it can become a competitive advantage? How would that look for personal transactions? Invoice can be used for marketing too

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