Shareholders' capitalism has over the years been used to justify bamboozling customers, squeezing workers, avoiding taxes and lavishing stock options on executives.
In its first ever structured deal, Indian LPG companies are set to import almost 10% of their total needs from US. Trump has been pushing India to purchase more American energy.
Without a Congress revival, there can be no challenge to the BJP pan-nationally. Modi’s party is growing, and almost entirely at the cost of the Congress.
“There is one and only one social responsibility of business–to use it resources and engage in activities designed to increase its profits so long as it stays within the rules of the game, which is to say, engages in open and free competition without deception or fraud.” – Milton Friedman.
This is what Friedman said, focus on the last part of the statement. Before calling out Friedman on how he was wrong and attributing examples of corporate fraud to his statement at least do proper research.
“There is one and only one social responsibility of business–to use it resources and engage in activities designed to increase its profits so long as it stays within the rules of the game, which is to say, engages in open and free competition without deception or fraud.” – Milton Friedman.
This is what Friedman said, focus on the last part of the statement. Before calling out Friedman on how he was wrong and attributing examples of corporate fraud to his statement at least do proper research.