“Few trends could so thoroughly undermine the very foundation of our free society,” wrote Milton Friedman in Capitalism and Freedom (Chicago: University of Chicago Press, 1962), “as the acceptance by corporate officials of a social responsibility other than to make as much money for their shareholders as possible.”
a. Discuss your reactions to this quote from a legal standpoint.
b. Discuss your reactions to this quote from an ethical standpoint.
c. How would you resolve any ethical conflicts that exist between your two answers?