Who said that the social responsibility of business is to earn a profit?

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Milton Friedman famously argued that the only social responsibility of business is to increase its profits. He believed that businesses that engage in social or environmental activities are acting against the interests of their shareholders and reducing the efficiency of the market. This view, known as shareholder primacy, has been criticized by many theorists who argue that businesses have wider obligations to society and should also consider the interests of stakeholders such as employees, customers, and communities.

Who Said That the Social Responsibility of Business Is to Earn