Which of the following is not a socialist critique of capitalism?

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The need for high-capital businesses to grow, regardless of real demand, causes them to resort to creating artificial demand through mechanisms like high-pressure advertising.

Private ownership of essential industries reduces macro-planning and leads to uncoordinated (wasteful) economic activities.

It does not create large overall productivity.

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Essentials of business communication

ISBN: 978-1111821227

8th Edition

Authors: Mary Ellen guffey, Dana loewy

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Posted Date: Jan 30, 2024 12:10 AM

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Which of the following is not a socialist critique of capitalism?

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Essentials of business communication

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