Marx adopted from the British political economists the subsistence theory of wages, which:
A) condemned the working class to perpetual poverty.
B) promised workers a rise, albeit a slow rise, in living standards.
C) claimed that the owners of factories were doomed to mere subsistence since the workers would always demand and receive any excess profits.
D) suggested that if capitalists wished to subsist, they must pay their workers living wages.
Correct Answer:
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