There is a perception that there is a lack of concern shown by the philosophy of capitalism towards human welfare. Do you agree with this perception? Evaluate the role of government in doing a balancing act between the interest of industrial class and the interest of the people. (15 Marks)

Mentors Comments: https://www.livemint.com/Opinion/aqq3rGFH6Ir81HsT5sZpiI/Opinion–Reforming-capitalism-for-human-welfare.html The article discusses the lack of concern shown by the philosophy of capitalism towards human welfare and … Continue reading There is a perception that there is a lack of concern shown by the philosophy of capitalism towards human welfare. Do you agree with this perception? Evaluate the role of government in doing a balancing act between the interest of industrial class and the interest of the people. (15 Marks)