chaning the social contract
Essay specific features
June 11, 2014
No of pages / words:
3 / 740
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For Friedman anything outside of service to stockholders is not only unnecessary but is morally wrong because it represents a misuse of funds. At bottom, Friedman, for many reasons, thinks it is dangerous for corporations to engage in philanthropy.
Corporate social responsibility
? So long as a business does not commit fraud, conducting business in a society is an exercise of our natural right to liberty...
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345). Any obligation placed on the businessperson, therefore, is an infringement of his/her right to liberty. Corporations should not engage in changing the world but exist as an expression of freedom within its existing parameters.
? Corporations acting out of self-interest is in the best interest of everyone...
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