1. Corporate responsibility
... run. That has been proven by the success of capitalism and the failure of socialism. Corporations should not care about anything but making money legally and honestly. There is one agent-of-society view that seems the most plausible and that is the minimum agent of society view because it is the one that stays closest to the ... -of-society view. In keeping with Friedman's view, which stems from Adam Smith's view that the main principle of business is to make profits, going out of the way of the corporation is not beneficial for business. The somewhat recent collapse of socialistic econo...
- Word Count: 1730
- Approx Pages: 7
- Grade Level: Undergraduate