Essay heading: Langston Hughes

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July 7, 2005






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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...
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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...
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