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I mean, that's not a legal requirement and in the past companies were expected to maintain some kind of social conscience. Not sure when that changed.
by ionised 8y ago
I mean, that's not a legal requirement and in the past companies were expected to maintain some kind of social conscience.
Not sure when that changed.
- Maybestring 8y agohttps://www.colorado.edu/studentgroups/libertarians/issues/friedman-soc-resp-business.html https://www.colorado.edu/studentgroups/libertarians/issues/f... Friedman argued it was good for corporations to be greedy, and corporate America liked that idea.
- ionised 8y agoThe more I learn about Friedman and Hayek the more I hate them and the politicians that still cling to their hack theories in the face of overwhelming evidence that they don't work for anyone but the amassers of capital. Their views on people as individual self-interested rational actors are so narrow and simplistic.
- bluedevil2k 8y agoI think in the past companies were far less concerned with social conscience than they are today. The entire reason for the EPA is because too many companies were dumping toxic chemicals into the water supply (1). (1) http://time.com/4696104/environmental-protection-agency-1970-history/ http://time.com/4696104/environmental-protection-agency-1970...