Shareholders' capitalism has over the years been used to justify bamboozling customers, squeezing workers, avoiding taxes and lavishing stock options on executives.
With an educated & skilled workforce, Tamil Nadu has a burgeoning industrial sector which has scored massive investments in automobiles, electronics, and even footwear.
The ‘idea’ Kejriwal's politics grew around was a no-holds-barred fight against corruption. That is the reason Modi govt has now tarred him and his entire party with the same paint.
“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.