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Don't be so sure.
Posted by VP (more from VP) on Thu, 6 Feb 2003 08:14:26
In Reply to: Re: OK Mr. Smarty Pants, zeke, Wed, 5 Feb 2003 21:33:37
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I’m a big believer of Milton Friedman’s thought that the main purpose of a business is to make money for the shareholders. I truly believe that is first and foremost the purpose of establishing a business. Having said that, I don’t therefore automatically believe a business is not also beholden to other stakeholders such as the community in which it operates, it’s employees, the environment, local, state and federal governments, its competitors etc. In other words, a business shouldn’t simply focus on making money for its shareholders and not be a responsible, law-abiding entity at the same time.
posted by 63.127.202...
Posts in this Thread:
- Kind of OT: Sad story about the production of Saabs..., SuoTimo, Wed, 5 Feb 2003 10:11:29
- Too bad, I've always considered.., BobH, Wed, 5 Feb 2003 20:41:44
- not really ... It's or the "old" 9-3, Trev, Wed, 5 Feb 2003 12:43:12
- Re: Kind of OT: Sad story about the production of Saabs..., bRAD, Wed, 5 Feb 2003 11:27:57
- Kind of OT: Have you read "Stupid White Men"?......., zeke, Wed, 5 Feb 2003 12:10:53
- As bad as it is..., b.flippo, Wed, 5 Feb 2003 12:33:56
- If they can make "more" profit? Saab LOST $500,000,000, Dinger, Wed, 5 Feb 2003 12:32:33
- OK Mr. Smarty Pants, VP, Wed, 5 Feb 2003 12:25:55
- HUH! VP you claim that Nordic countries are socialist?, Not Socialist, Thu, 6 Feb 2003 02:36:38
- Re: OK Mr. Smarty Pants, zeke, Wed, 5 Feb 2003 21:33:37
- UH...HERES AN IDEA...., 91Aero.jr, Wed, 5 Feb 2003 14:55:49
- "Greed" is not just an American Phenomenon., Terraplanem, Thu, 6 Feb 2003 10:58:04
- Agree somewhat., VP, Wed, 5 Feb 2003 15:08:04
- Re: Agree somewhat., avanti, Fri, 7 Feb 2003 01:38:00
- Disagree..., bRAD, Wed, 5 Feb 2003 16:07:32
- Estate Tax, Terraplanem, Thu, 6 Feb 2003 11:00:35
- Were you in my Econ class?->, roman, Wed, 5 Feb 2003 16:38:54
- Re: Disagree..., VP, Wed, 5 Feb 2003 16:18:31
- No argument there..., bRAD, Wed, 5 Feb 2003 16:38:58
- Indeed, but in the words of Gerhardt Richter,, Terraplanem, Thu, 6 Feb 2003 11:08:57
- Now, there is a distinct difference between..., b.flippo, Wed, 5 Feb 2003 17:10:53
- Well said, VP, Thu, 6 Feb 2003 08:05:50
- I think many of you are unclear about your own beliefs+, roman, Thu, 6 Feb 2003 12:29:53
- Marxism, VP, Thu, 6 Feb 2003 14:42:59
- Wrong!, competetion has nothing to do with it->, roman, Fri, 7 Feb 2003 15:40:56
- Marxism according to Friedman, you mean....., zeke, Thu, 6 Feb 2003 16:15:04
- Re: Marxism, Terraplanem, Thu, 6 Feb 2003 14:57:39
- Any economic system..., bRAD, Thu, 6 Feb 2003 11:01:31
- You weren't in Toronto last summer..., bRAD, Wed, 5 Feb 2003 22:51:41
- Yes indeed...., 91Aero.jr, Wed, 5 Feb 2003 15:18:35
- Re: OK Mr. Smarty Pants, Eli5, Wed, 5 Feb 2003 14:16:56
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