Determining the capitalism and freedom

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In his book, Capitalism and Freedom, economist Milton Friedman argues the narrow view of corporate social responsibility for businesses in which the only responsibility a business has is to use its resources and engage in activities designed to increase its profits, so long as it stays within the rules of the game. This means that the business engages in open and free competition, without deception or fraud". How do people of the broader view of corporate social responsibility respond to the idea that a corporation's only responsibility is profit maximization?

Reference no: EM131776100

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