Fifty years ago this month, Milton Friedman published his famous essay in the New York Times Magazine arguing that: “The social responsibility of business is to increase its profits.”
Two @bopinion columnists lay out their arguments for and against shareholder capitalism
Two @bopinion columnists lay out their arguments for and against shareholder capitalism
Today’s critics misunderstand the 1970 admonition to put profit first, argues @MichaelRStrain.
Corporations that have publicly moved away from shareholder capitalism are inadvertently demonstrating its durability trib.al/42CfPae
Corporations that have publicly moved away from shareholder capitalism are inadvertently demonstrating its durability trib.al/42CfPae
The concept misconstrues what an economy is for, counters @opinion_joe.
Companies have laid off their workers, manipulated earnings, lied to customers and avoided taxes -- all in the name of maximizing shareholder value trib.al/TColsna
Companies have laid off their workers, manipulated earnings, lied to customers and avoided taxes -- all in the name of maximizing shareholder value trib.al/TColsna
So, what do you think?
Was Milton Friedman right or wrong about shareholder capitalism?
Was Milton Friedman right or wrong about shareholder capitalism?
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