Welfare capitalism

Okay, kiddo, imagine that you have a big jar of cookies that you really like to eat. And you really want to share them with your friends, but you also want to make sure that you have enough for yourself too, right? So you decide to give each of your friends one cookie, but you also make sure to keep several in the jar for yourself.

Now, let's apply that idea to something called welfare capitalism. This is when a company - which is like a big group of grown-ups who work together to make things that people need or want - tries to be nice to its workers and give them some benefits, like better working conditions, more pay, or even things like health insurance or free lunch.

Just like how you wanted to give your friends cookies but still have some for yourself, a company practicing welfare capitalism wants to take care of its workers, but also wants to make sure it stays successful and can keep making things that people need or want. That way, both the company and the workers can do well.

Does that make sense, kiddo?