The Supreme Court’s recent decision about corporate freedom of speech should be curdling your blood. Some even think free market capitalism champion Milton Friedman is rolling over in his grave because of it.
Here’s what Harvard Business Review editorial director Justin Fox says about it:
His point was that CEOs shouldn’t go around imposing their own notions of social responsibility on corporations that were owned by others. Since the only interest that could possibly unite the disparate shareholders of a large corporation was making money, that was what executives should focus on during their working hours.
The Supreme Court’s Ruling: What Would Milton Friedman Say? – Justin Fox – Harvard Business Review
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