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Corporations and Businesses Have Historically Been Driven by Greed and Profitability

This is not unexpected, in part because of the widespread adoption of Milton Friedman’s shareholder theory that states, “there is one and only one social responsibility of business—to use its resources and engage in activities designed to increase its profits.”
May 31, 2021Updated 3 days ago
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Corporations and Businesses Have Historically Been Driven by Greed and ProfitabilityCorporations and Businesses Have Historically Been Driven by Greed and Profitability
In other words, business success has been based solely on achieving financial gain/returns at the cost of society, the Earth, and humanity.
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How the cult of shareholder value wrecked American business

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