> But it's still very much what almost every company will do But it didn't used to be like that – not even that long ago, either. In 1970 Friedman released his

> But it's still very much what almost every company will do But it didn't used to be like that – not even that long ago, either. In 1970 Friedman released his essay "The Social Responsibility of Business is to Increase its Profits". Look at the corporate behavior he was criticizing: > The businessmen believe that they are defending free enterprise when they declaim that business is not concerned "merely" with profit but also with promoting desirable "social" ends; that business has a "social conscience" and takes seriously its responsibilities for providing employment, eliminating discrimination, avoiding pollution and whatever else may be the catchwords of the contemporary crop of reformers. In other words, companies at that time WERE concerned about social responsibility, and not purely focused on profit. Friedman didn't like this; he called it "pure and unadulterated socialism". Since that time this parasitic mentality was spread to and propagated by top schools like Harvard, dominating the world view of that next generation of businessmen/women. But it was never "a defacto" thing, and many are starting to catch on to the damage it has caused.