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But that political process should be kept to a minimum and kept out of business.
Friedman believes this applies also to "the newer phenomenon of calling upon stockholders to require corporations to exercise social responsibility." This is just one group trying to get some other people to do what that group considers important... displayed 300 characters
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He does allow, though, that a proprietor not a corporation is free to spend his money on good causes, even though it may affect customers, etc., because he has not monopoly. (If it is too costly he will cease to be competitive.)
Finally, Friedman believes that some of the "social responsibility " that is talked about is just "window-dressing" and serves the interests of the company by enhancing profit... displayed next 300 characters
Corporations and their social responsibilities
Do corporations have social responsibility?
Corporate social responsibility advocates say that since corporations are fictitious persons, created by law and sustained by the government grants of limited liability for individual shareholders, they have obligations that surpass those of sole proprietorship or partnerships...
Examples of his work are Not Without Laughter (1930), a novel; The Ways of White Folks (1934), a collection of short stories; The Big Sea (1940), an autobiography; The Langston Hughes Reader (1958); The Best of Simple (1961); and Five Plays by Langston Hughes (1963)...
Hughes, who claimed Paul Lawrence Dunbar, Carl Sandburg, and Walt Whitman as his primary influences, is particularly known for his insightful, colorful portrayals of black life in America from the twenties through the sixties...
He thought it would be a very magical experience, when it was really just a figure of imagination. Langston wanted this experience to shape his life and make him a better person when it really made him feel worse...
But that political process should be kept to a minimum and kept out of business.
Friedman believes this applies also to "the newer phenomenon of calling upon stockholders to require corporations to exercise social responsibility...
One of Langston Hughes's most famous poems is Let America be America again. It is quite long, and full of metaphors about freedom. He sees that it is not only African Americans who are struggling for freedom, but also many other Americans...
So it is not merely that we leaving business people alone to make money, but in doing so we are positively effecting the social environment?this is a third-party effect of the freedom to make money...
