hich of the following is a true statement?

Socialists like Adam Smith believed the competition typical of capitalism was wasteful.

Capitalists like Thomas Malthus believed poverty could be entirely eliminated from society.

Socialists like Robert Owen favored a more even distribution of income.

Marxists like David Ricardo argued that wages vary inversely with profits

Question

hich of the following is a true statement?

Socialists like Adam Smith believed the competition typical of capitalism was wasteful.

Capitalists like Thomas Malthus believed poverty could be entirely eliminated from society.

Socialists like Robert Owen favored a more even distribution of income.

Marxists like David Ricardo argued that wages vary inversely with profits

anonymous · Answer

Well it wouldn't be A, cause Adam Smith was a capitalist. B is incorrect because Thomas (as far as I remember) thought that the population would increase, enabling poverty. It wouldn't be D because David was an economic capitalist, and from the sentence, you can know that 'wages vary inversely with profits' isn't a Marxist belief. 
So it should be C, since Robert Owen was a Utopian socialist and even distribution of wealth is a socialist ideal.