Which of the following ideas has been expressed by proponents of an extreme power elite position with the intention of reducing the concentration of power and resources in societies?
a. Capitalism can be modified to work for the benefit of all people irrespective of their power.
b. The avarice inherent in capitalism can be reduced by injecting an element of the public good into economic activities and decisions.
c. Some form of mixed economy can be established to ensure that capitalism is possible in an economy characterized by equal sharing of wealth and power.
d. A society based on capitalism can benefit only the powerful.
Answer: b
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