Milton friedman and corporate social responsibility friedman argued for a direct form of capitalism and against any activity that distorts economic freedom 2 socially responsible activities conducted by a corporation are according to friedman distorting economic freedom because shareholders are not able to decide how their money will be spent. Milton friedmans well known response is a corporations responsibility is to make as much money for the stockholders as possible at first blush this sounds uncivil severe potentially even cruel. Article friedman 1970 2002 asserted 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 p 230. Milton friedman and csr in my book capitalism and freedom i have called csr a fundamentally subversive doctrine in a free society and have said that in such a society 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 . Milton friedman was wrong about corporate social responsibility 06 12 2013 0857 am et updated aug 12 2013 it happens very often when i speak about sustainability and corporate responsibility
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