Capitalism (8th)

A prominent economist, (Milton Friedman, I believe), once declared that the whole “social duty” of a corporation is to make as much money as possible for the owners.

Here’s a different viewpoint: “Corporate social responsibility is measured in terms of business improving conditions for their employees, shareholders, communities, and environment.”

“But moral responsibility goes further, reflecting the need for corporations to address fundamental ethical issues such as inclusion, dignity, and equality.” —Klaus Schwab

Which do you prefer?

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