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Archive for September 4th, 2010

The Business of Business is to Make Profits »

In the debate triggered by Aneel Karnani’s essay on corporate social responsibility published in the Wall Street Journal (Aug. 23)—see the letters to the editor published on Aug. 30—a critical point was overlooked. If, as the late Milton Friedman taught, the sole objective of business is maximize profits, then the managers of those private...
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