Nobel Prize winner in economics Milton Friedman asserts that the only guiding criterion for the corporation should be profitability within the confines of the law.

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Milton Friedman's famous article "The Social Responsibility of Business is to Increase its Profits" argues that a corporation's sole responsibility is to increase profits for its shareholders within the boundaries of the law. He opposed the idea of businesses taking on social responsibilities that detracted from their primary function of making money.

Nobel Prize Winner in Economics Milton Friedman Asserts That the Only