Milton Friedman quote — “Social responsibility is a fundamentally subversive doctrine" in a fre…”

Quote

Social responsibility is a fundamentally subversive doctrine" in a free society, and have said that in such a society, "there is one and only one social responsibility of business — to use it resources and engage in activities designed to increase its profits so long as it stays within the rules of the game, which is to say, engages in open and free competition without deception or fraud.

Milton Friedman The Ethics Of Competition And Other Essa… business economics ethics

Milton Friedman economics ethics

There is only one social responsibility of business - to use its resources and engage in activities designed to increase its profits without deception or fraud.

Milton Friedman capitalism

Corporate social responsibility is measured in terms of businesses improving conditions for their employees, shareholders, communities, and environment. But moral responsibility go…

Klaus Schwab responsibility employees