Which of the following is not a socialist critique of capitalism?

-It tends to centralize wealth in a small segment of society, leading to excessive disparities in income distribution, which leads to social instability, which in turn requires costly corrective measures in the form of taxes.

-It does not create large overall productivity.

-Private ownership of essential industries reduces macro-planning and leads to uncoordinated (wasteful) economic activities.

-The need for high-capital businesses to grow, regardless of real demand, causes them to resort to creating artificial demand through mechanisms like high-pressure advertising.