N.R. Narayana Murthy’s vision: Can capitalism be compassionate?

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Business
Newsdesk
13 MAR 2025 | 10:08:18

In a world where capitalism is often associated with ruthless competition and profit-maximization, Infosys founder N.R. Narayana Murthy is making a case for a different approach—compassionate capitalism. A system where businesses not only thrive financially but also contribute meaningfully to society by ensuring fairness, reducing economic disparity, and respecting workers' well-being.

From Hard Work to Fairness

Murthy recently sparked a heated debate with his remark that young Indians should work 70-hour weeks to accelerate the country’s growth and global competitiveness. While his statement received both support and criticism, he has since clarified that hard work should be a choice, not an imposition. Now, he is advocating for a shift in the corporate mindset—one where businesses don’t just chase profits but also uplift people.

The 70-Hour Workweek Debate

Murthy’s initial suggestion that young professionals should put in 70-hour workweeks was met with strong reactions. Supporters argued that such dedication could propel India’s economic rise, while critics pointed out the risks of burnout, work-life imbalance, and exploitation. Murthy later softened his stance, explaining that while hard work is essential for progress, it cannot be forced—it must come from an individual’s personal drive.

His revised stance ties into his broader vision of compassionate capitalism: a system where long hours aren’t demanded, but rather, workplaces motivate employees through fairness, purpose, and shared success.

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