production on a very large scale is in general capable of employing more specialized machinery, and a greater quantity of it; this increases the productivity of the workers, and permits the capitalist to produce, and to sell, at a lower price. ‘Large capitalists, therefore, get the better of small ones … Competition always ends with the downfall of many lesser capitalists and with the transition of their capital into the hands of the conqueror.’ (This movement is, as Marx points out, much accelerated by the credit system.)
