The narrow-definition limits the stakeholder to those "groups that are vital to the survival and success of the corporation (Rodewald 32). ... In a capitalistic society, corporations who go out of their way to help out the community function more like a part of socialist economy then a capitalistic economy (Friedman 158). ... Helping out society and contributing to its success seems so noble and so attractive that it feels like an easy decision. ... That has been proven by the success of capitalism and the failure of socialism. ... Milton Friedman believes in the free market system and the...

• Word Count: 1730
• Approx Pages: 7
• Grade Level: Undergraduate

Factors such as weak micro-foundations and political infeasibility have contributed to policy reversals or failures of such programs in many of these nations (Basher, 2013). ... Every increase in population has led to more problems than benefits. ... Due to the shortage of investment funds, social infrastructures like education, health, and care of the environment will to decrease, exactly when an increase would be beneficial to the economy. ... Health care is vital in a growing population, yet exactly when an increase in health care would be beneficial, it is lacking. ... To ensure success, d...

• Word Count: 1739
• Approx Pages: 7
• Has Bibliography
• Grade Level: Undergraduate