Conversely, Milton Friedman claimed that the only social responsibility ofthe business is to raise profits. He uses different examples throughout thearticle to back up his arguing. Friedman illustrates widely about company’s topmanagement and tells about how they always have an employer’s responsibility tomake as much money as possible while being cleave to fundamental social rules.
Also,Friedman discusses how only shareholders can focus their money. He elucidatedthat shareholders would try to contribute to customer, other shareholders or employeesagainst their “social cause” to maximize profit. In addition, Friedman explainsthat if a business succeeds, it would levy taxes and spend profits. Whileconducting company’s duties for its own advantages, “Social Responsibility” isa great reasonable way for a business to make kindness.
Friedman gets a quotefrom his book and concludes this article, “the only social responsibility of abusiness is to have participated in activities purposed to expand profits asfar as they use resources and remain within the rules of the game. They are afree completion without fraud or deceit, and engaged in open.”