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Socialist Critique of Capitalism

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Since ... Labor under our wage-system, our profit-system, our fleecings-system, only receives about one half [of the value of its production] as its share, it follows that the producers cannot buy back that which they create. * * * For the more Capital is being accumulated in private hands, the more impossible this wage-system renders it for the producers to buy what they produce. The more necessary it becomes for capitalists to dispose of their ever increasing fleecings, the less the ability of the people to purchase them will, relatively become. ... The more Capital, the more 'overproduction.

Which of the following best describes the socialist critique of capitalism presented in the excerpt?

A

Advocating for a society that addresses capitalism’s inherent inequalities.

B

Highlighting religious movements’ failure to address social inequalities under capitalism.

C

Examining how racial diversity is overlooked in capitalist economic policies.

D

Critiquing the displacement caused by industrialization on agrarian societies.

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