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" In such an economy, there is one and only one social responsibility of business — to use its 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... "
The Trouble with Medicine: Preserving the Trust Between Patients and Doctors - Page 39
by Merrilyn Walton - 1998 - 216 pages
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Encyclopedia of Library and Information Science: Volume 56 - Supplement 19 ...

Allen Kent - 1995 - 384 pages
...idea that the only entities who can have responsibilities are individuals, not corporations. . . . there is one and only one social responsibility of...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. engaged in open and...
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Exploring Jewish Ethics: Papers on Covenant Responsibility

Eugene B. Borowitz - 1990 - 510 pages
...viewpoint. The obvious place to start is Milton Friedman's book, Capitalism and Freedom. There he writes, "There is one and only one social responsibility of...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...
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Hot Topics: A Student Companion

Behrman House, Susan Freeman - 2005 - 224 pages
...other business people should be able to run their enterprises in ways they feel are most effective. There is one and only one social responsibility of...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, engage in open and free...
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The Field of Social Investment

Severyn T. Bruyn, Severyn Ten Haut Bruyn - 1991 - 324 pages
...responsibility is a "fundamentally subversive doctrine," and that there is "only one social responsibility in business - to use its 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...
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Managerialism: The Emergence of a New Ideology

Willard F. Enteman - 1993 - 276 pages
...agent serving the interests of his principle." The principle is to satisfy the stockholders, and thus, "there is one and only one social responsibility of...resources and engage in activities designed to increase its profits."31 He reemphasizes the point by saying: "Few trends could so thoroughly undermine the...
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Women and Children in Health Care: An Unequal Majority

Mary Briody Mahowald - 1996 - 312 pages
...complex knowledge to the practical solution of human and social problems." 4. As Milton Friedman put it "there is one and only one social responsibility of...resources and engage in activities designed to increase its profits as long as it stays within the rules of the game . . . ," Capitalism and Freedom (Chicago:...
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The Democratic Corporation: A Radical Prescription for Recreating Corporate ...

Russell L. Ackoff - 1994 - 262 pages
...This belief is still held by many, as reflected in the writing of Milton Friedman (1970): "[TJhere is one and only one social responsibility of business...resources and engage in activities designed to increase its profits so long as it stays within the rules of the game . . ." (p. 125). The same point of view...
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On Moral Business: Classical and Contemporary Resources for Ethics in ...

Max L. Stackhouse, Dennis P. McCann, Preston N. Williams, Shirley J. Roels - 1995 - 1002 pages
...calls the social responsibility of business, in the profit element only: "In ... [a free] economy, there is one and only one social responsibility of...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...
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Out of the Margin: Feminist Perspectives on Economics

Edith Kuiper, Jolande Sap - 1995 - 328 pages
...enterprises, unlike state enterprises, do not concern themselves with women workers' responsibilities at home. "There is one and only one social responsibility of business — to use its resources to engage in activities designed to increase its profits" (Friedman 1962). Economic reforms do not...
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Ethical Universals in International Business

F. Neil Brady - 1996 - 260 pages
...obligations beyond those to their shareholders. It is for this reason that Milton Friedman argued that "there is one and only one social responsibility of...resources and engage in activities designed to increase its profits so long as it stays within the rules of the game" (Friedman, 1962, p. 133). Neoconservatives,...
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