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Centralisation
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===Relationship between centralisation (i.e. concentration of production) and capitalism=== {{Main|Capitalism#Concentration and centralisation|Capital accumulation#Concentration and centralization}} As written in V.I. Lenin’s book, ''[[Imperialism, the Highest Stage of Capitalism]]'', "The remarkably rapid concentration of production in ever-larger enterprises are one of the most characteristic features of capitalism."<ref name=":1">Lenin, V. (1939). ''Imperialism, the highest stage of capitalism.'' New York: International Publishers, pp.12-54.</ref> He researched the development of production and decided to develop the concept of production as a centralised framework, from individual and scattered small workshops into large factories, leading the capitalism to the world. This is guided by the idea that once concentration of production develops into a particular level, it will become a monopoly, like party organisations of Cartel, Syndicate, and Trust.<ref name=":1" /> * Cartel - In economics, a cartel is an agreement between competing firms to control prices or exclude entry of a new competitor in a market. It is a formal organisation of sellers or buyers that agree to fix selling prices, purchase prices, or reduce production using a variety of tactics.<ref>O’Sullivan, A. and Sheffrin, S. (2003). ''Economics.'' Needham, Mass.: Prentice Hall, p.171.</ref> * Syndicate - A syndicate is a self-organising group made up of individuals, companies, corporations or entities formed to transact some specific business, to pursue or promote a shared interest. *Trust - "A trust is ... simply the case of one person holding the title of property, whether land or chattels, for the benefit of another, termed a beneficiary. Nothing can be more common or more useful. But the word is now loosely applied to a certain class, of commercial agreements and, by reason of a popular and unreasoning dread of their effect, the term itself has become contaminated."<ref>Theodore, D. (1888). "The Legality of "Trusts". ''Political Science Quarterly'', 3(592).</ref>
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