The assumption that quot man is selfish and self centered and always tries to achieve his own ends e...........

Industrial Relation and labour law Industrial Relations

The assumption that "man is selfish and self-centered, and always tries to achieve his own ends even at the cost of others" explains which theory of labour welfare?

This questions was previously asked in

EPFO AO EO 2017

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Placating theory

Police theory

Religious theory

Philanthropic theory

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Explanation:

- The statement reflects a perspective on labor welfare that involves monitoring and regulation.

- Option 1: Placating theory - Suggests welfare measures to prevent unrest, not closely tied to the view of inherent selfishness.

- Option 2: Police theory - Correct. This theory assumes people are inherently selfish, justifying labor welfare as a means of ensuring order and discipline to avoid exploitation and maintain peace.

- Option 3: Religious theory - Based on moral responsibility and ethical duties, not primarily focused on selfishness.

- Option 4: Philanthropic theory - Centers on voluntary welfare measures out of benevolence, without the self-centered assumption.