Hegemony vs Monopoly - What's the difference?
hegemony | monopoly |
(formal) Domination, influence, or authority over another, especially by one political group over a society or by one nation over others.
Dominance of one social group over another, such that the ruling group or hegemon acquires some degree of consent from the subordinate, as opposed to dominance purely by force.
A situation, by legal privilege or other agreement, in which solely one party (company, cartel etc.) exclusively provides a particular product or service, dominating that market and generally exerting powerful control over it.
* {{quote-magazine, date=2013-08-10, volume=408, issue=8848, magazine=(The Economist)
, title= An exclusive control over the trade or production of a commodity or service through exclusive possession.
The privilege granting the exclusive right to exert such control.
(metonymy) The market thus controlled.
(metonymy) The holder (person, company or other) of such market domination in one of the the above manners.
As nouns the difference between hegemony and monopoly
is that hegemony is domination, influence, or authority over another, especially by one political group over a society or by one nation over others while monopoly is a situation, by legal privilege or other agreement, in which solely one party (company, cartel etc.) exclusively provides a particular product or service, dominating that market and generally exerting powerful control over it.As a proper noun Monopoly is
a board game in which players use play money to buy and trade properties, with the objective of forcing opponents into bankruptcy.hegemony
English
Noun
(hegemonies) (wikipedia hegemony)- ie: internationally among nation-states, and regionally over social classes, between languages or even culture.
- eg: The two political parties battled viciously for hegemony .
Derived terms
* hegemonism * hegemonistExternal links
* *monopoly
English
(wikipedia monopoly)Noun
(monopolies)Can China clean up fast enough?, passage=It has jailed environmental activists and is planning to limit the power of judicial oversight by handing a state-approved body a monopoly over bringing environmental lawsuits.}}