“The statesman, who should attempt to direct private people in what manner they ought to employ their capital, would not only load himself with a most unnecessary attention, but assume an authority which could safely be trusted, not only to no single person, but to no council or senate whatever, and which would nowhere be so dangerous as in the hands of a man who had folly and presumption enough to fancy himself fit to exercise it.” -Adam Smith, Wealth of Nations, 1776

Which choice best describes how Karl Marx would respond to Smith’s statement about the investment of private capital?

a) He would disagree by pointing out that capital was created by labor, so laborers had a right to decide its use.
b) He would agree with it, pointing out that people often did not realize their own follies and presumptions.
c) He would disagree with it by pointing out that groups usually make wiser decisions that do individuals.
d) He would agree it, pointing out that politicians should focus on government and let business owners decide about economics.