"Hilaire Belloc: "Under the present system of unrestrained competition, the ownership of the means of production, transport, distribution, information, and especially credit in the hands of a few, you have an increasing tendency to monopoly, and the community is subservient to monopoly." What is the problem with capitalism that Belloc identifies in this passage?Capitalism results in unemployment and insufficient demand based on lowwages. The worker does not own the means of production, and so is not economically free. Workers who do not own the means of production are not capable of self$-$government. Capitalism results in a concentration of ownership of the means of production in the hands of a few.