“The inherent vice of capitalism is the unequal sharing of blessings; the inherent virtue of socialism is the equal sharing of miseries”. Analyse the statement in the backdrop of the limits of capitalism that the COVID-19 pandemic has exposed the world to.

2. “The inherent vice of capitalism is the unequal sharing of blessings; the inherent virtue of socialism is the equal sharing of miseries”. Analyse the statement in the backdrop of the limits of capitalism that the COVID-19 pandemic has exposed the world to. (250 words)

Reference: Indian Express