Marx predicts that Capitalism - great as it is - and Marx readily acknowledges its amazing transformative power - finally marches inexorably towards monopoly oligopoly and widespread income / wealth inequality.
Are we in fact seeing Marx’s predictions coming true right now?
No , all empires rise and fall and companies are the same, U.S Steel was the largest company in the world when it as created thru mergers in 1901. It's no where near it today.
Amazon.com is worth $630 Billion whereas in 1994 it was worth $0. (founded in 1994). Some analysts and predicting it will be worth $1.6 Trillion in a decade time. U.S. antitrust laws could force it to break up.
THE Chinese have a saying, “Fu bu guo san dai,” or “Wealth never survives three generations.” America has its own version of this saying: “From shirtsleeves to shirtsleeves in three generations.