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Politics : Formerly About Advanced Micro Devices

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To: i-node who wrote (941446)6/19/2016 10:53:01 PM
From: puborectalis  Read Replies (5) of 1574053
 
One of Milton Friedman's more controversial theories, known as the Stockholder Theory or the Friedman Doctrine, is that a company's only social responsibility is to increase profits for the owners (stockholders), as long as it doesn't engage in deception or fraud. Think about that for a minute. Do you agree with Friedman? Do businesses have any moral obligation to the general public beyond not being deceitful?
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