Question
Here is the thesis of Milton Friedman's argument (Friedman Doctrine, 1970) concerning Business Social Responsibility: There is one and only one social responsibility of business
Here is the thesis of Milton Friedman's argument (Friedman Doctrine, 1970) concerning Business Social Responsibility:
There is one and only one social responsibility of business to use its 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.
Here is how the United Nations defines Corporate Social Responsibility (CSR):
http://www.unido.org/csr/o72054.html
In your opinion, Is the modern CSR concept consistent with or against the Friedman Doctrine?
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