Reference: Milton Friedman, 'The Social Responsibility of Business is to Increase its Profits', New York Times, 13 September 1970.

https://www.nytimes.com/1970/09/13/archives/a-friedman-doctrine-the-social-responsibility-of-business-is-to.html

Question:

1. Freidman writes: "The difficulty of exercising 'social responsibility' illustrates, of course, the great virtue of private competitive enterprise - it forces people to be responsible for their own actions and makes it difficult for them to 'exploit' other people for either selfish or unselfish purposes." Do you find Friedman's claim persuasive?