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Few trends could so thoroughly undermine the very…

“Few trends could so thoroughly undermine the very foundations of our free society as the acceptance by corporate officials of a social responsibility other than to make as much money for their stockholders as possible.” quote by Milton Friedman
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“Few trends could so thoroughly undermine the very foundations of our free society as the acceptance by corporate officials of a social responsibility other than to make as much money for their stockholders as possible.”

Milton Friedman

About This Quote

This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.

Corporate officials should prioritize profit for shareholders over broader social responsibilities.

In simple terms: Profit over social duties.

Key Takeaway

Focus on shareholder value.

Themes

economics corporate governance free market

Mood

analytical critical

Type

economic philosophical

When to use this quote

  • business strategy
  • investment decisions
  • policy debates

Key Concepts

capitalism shareholder theory

Questions to Reflect On

  • Should corporations balance profit with social good?
  • What are the risks of ignoring societal needs?
A Different Perspective

Neglecting social impact can harm long‑term sustainability.

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