Was Milton Friedman correct about the limitations on the social responsibilities of business? Describe Friedman's theories and assess whether it is a viable approach to business in the modern world. Provide evidence on both sides of the question, and ensure you reference the changing nature of Corporate Social Responsibility, by assessing the business environment today.

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Milton Friedman and the Social Responsibility of Business A Balanced Look Friedmans View Milton Friedmana Nobel laureate economistargued that the social responsibility of business is to increase profi... View the full answer