The author appears to be very critical of ______.

A．the separation of capital from management
B．the ownership of capital by managers
C．the emergence of capital and labour as two classes
D．the participation of shareholders in land ownership

A．some countries developed quickly because of the emergence of the limited liability company
B．the tide of industralisation would widely benefit British shareholders greatly
C．shareholders contributed a lot to the fast growth of the British economy
D．the system of shareholding impaired the management of modern companies