Early socialists (utopian socialists and Ricardian socialists) criticized capitalism for concentrating power and wealth within a small segment of societyin Encyclopædia Britannica (2009). Retrieved 14 October 2009, from Encyclopædia Britannica Online: https://www.britannica.com/EBchecked/topic/551569/socialism, "Main" summary: "Socialists complain that capitalism necessarily leads to unfair and exploitative concentrations of wealth and power in the hands of the relative few who emerge victorious from free-market competition—people who then use their wealth and power to reinforce their dominance in society." who do not utilize available technology and resources to their maximum potential in the interests of the public.
