Capitalism is the system of private ownership that owns the means of production. Capitalism focuses on the market competition and the pursuit of profits. There are two major forms of capitalism. The laissez faire capitalism exits when the market forces operate without the government’s interference. The state or welfare capitalism describes as the means of productions owned by the private ownership within the market restraints. In welfare capitalism, the government collects taxes from the ownerships and enforces laws that would protects the public welfare. The ideology for the capitalists is that the products and prices determines by the market forces. The profits and abundant supply of goods at cheap prices are benefiting the society. However,
