Comment Comment by gcheong “ He believes businesses exist to serve society and contribute back to people in the community. That they make profits are merely a side effect and that somewhere along the line the side effect became the main goal.”That change came about in 1970 with Milton Friedman’s ideas about the purpose of a corporation being solely to maximize shareholder value and we’ve all been paying the price ever since: https://www.forbes.com/sites/stevedenning/2019/08/19/why-max... parent gcheong 3 years ago
That change came about in 1970 with Milton Friedman’s ideas about the purpose of a corporation being solely to maximize shareholder value and we’ve all been paying the price ever since: https://www.forbes.com/sites/stevedenning/2019/08/19/why-max...