It was famed economist Milton Friedman who laid down the foundational ethic: Businesses should seek to maximize shareholder value only. Does the recent Business Roundtable statement represent a revolutionary shift in the ethic of capitalism?
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It was famed economist Milton Friedman who laid down the foundational ethic: Businesses should seek to maximize shareholder value only. Does the recent Business Roundtable statement represent a revolutionary shift in the ethic of capitalism?