Read the article "The Social Responsibility of Business is to Increase its Profits" by Milton Friedman. Clearly the author has stated a case for the focus of business social responsibility. This article was written a little less that fifty years ago, and lots of things have changed in the business, political, and global environments.

Analyze the article as it relates to the changes in the business and political environment today. Is it relevant? Does the article provide justification for the focus of business social responsibility to remain the same in 2020 as it relates to profits? Please explain your view. The author mentioned that "the doctrine of "social responsibility" involves the acceptance of the socialist view that political mechanisms, not market mechanisms, are the appropriate way to determine the allocation of scarce resources to alternative uses". What does he mean by that? Can you provide an example of how this has been a point of political discussion in the last few years?

The author states "Of course, in practice the doctrine of social responsibility is frequently a cloak for actions that are justified on other grounds rather than a reason for those actions". He provided an example to illustrate this. Provide a current example of a company where this occurs. What do they do?