In the world I've been working in, Friedman's diktat that the sole purpose of the corporation is "to use it resources and engage in activities designed to increase its profits so long as it stays within the rules of the game" is a quaint and distant memory. In its place we have stakeholder capitalism, defined by Business Roundtable as a commitment by corporations to serve all their constituents (stakeholders) - customers, employees, suppliers, communities and shareholders. True, its defenders argue that in the end, the broader stakeholder approach ends up serving shareholders better than the narrow one.
But the notion that Congress sets public policy and corporations are just supposed to make money...Haven't heard that one in a while.
No taxpayer-funded entity should ever be allowed to unionize. Unionization of taxpayer dollars is fraught with fraud and is nothing but the spread-eagled rape of the taxpayer.
I just saw a ghost! It was Milton Friedman!
In the world I've been working in, Friedman's diktat that the sole purpose of the corporation is "to use it resources and engage in activities designed to increase its profits so long as it stays within the rules of the game" is a quaint and distant memory. In its place we have stakeholder capitalism, defined by Business Roundtable as a commitment by corporations to serve all their constituents (stakeholders) - customers, employees, suppliers, communities and shareholders. True, its defenders argue that in the end, the broader stakeholder approach ends up serving shareholders better than the narrow one.
But the notion that Congress sets public policy and corporations are just supposed to make money...Haven't heard that one in a while.
No taxpayer-funded entity should ever be allowed to unionize. Unionization of taxpayer dollars is fraught with fraud and is nothing but the spread-eagled rape of the taxpayer.