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Market Economics and Differing Views

‘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)’

Milton Friedman, The Social Responsibility of Business is to Increase its Profits, The New York Times Magazine, 13 September 1970

‘A “business of business” outlook has blinded companies to outcomes (or shifts in their implicit social contract) which often could have been anticipated’  

Ian Davis, The Biggest Contract, The Economist, 28 May 2005

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