1. Role of business in society
... subscribed to Friedman's extreme libertarian views assume the responsibility to stop the discharge if no laws were being broken? Likely not, even though there would still be a heavy cost to bear externalised by the company to the members of the community (both ecological and human). Desjardins and McCall make a further, important point: [16] Thus managers, even in Friedman's view, must involve ... by the business but, rather, passed onto society as a whole or released into the biosphere. A good example would be air and water pollution, where society in general is left to bear the costs ...
- Word Count: 2501
- Approx Pages: 10
- Grade Level: Undergraduate