Does the Enron scandal demonstrate the disastrous consequences of the full implementation of the Friedman/libertarian classical model
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Question:
Does the Enron scandal demonstrate the disastrous consequences of the full implementation of the Friedman/libertarian classical model of corporate social responsibility? Or is the Enron scandal the kind of thing that could have been prevented if we were to adhere to the strict rules of free market economics à la Friedman?
Your answer should (a) explain what you take to be the essential aspects of Freidman’s model of free market economics as they bear on the Enron scandal, and (b) develop in some detail the reasoning behind your answer concerning the downfall of Enron.
Related Book For
Law and Ethics in the Business Environment
ISBN: 978-1285428567
8th edition
Authors: Terry Halbert and Elaine Ingulli
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