“Social Responsibility” – Quote by Milton Friedman

„The only corporate social responsibility a company has is to maximize its profits.“

Milton FriedmanMilton Friedman on corporate social responsibility and the central importance of maximizing profits.
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Milton Friedman was an American economist and a leading figure in the field of monetarism.

This quote succinctly summarizes Milton Friedman's market-oriented view of corporate social responsibility.


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Milton Friedman quote about corporate social responsibility and business profits

Milton Friedman (1912–2006) was an American economist and Nobel laureate, renowned for his contributions to microeconomics, monetarism, and his advocacy of free-market policies. He influenced economic policy in the US and worldwide.

Noam Chomsky quote image about worker insecurity and corporate powerCopyright © yoice.net – Quote Artwork
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"If workers are more insecure, that's very 'healthy' for the society, because if workers are insecure, they won't ask for wages, they won't go on strike, they won't call for benefits; they'll serve the masters gladly and passively. And that's optimal for corporations' economic health." Noam Chomsky
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Milton Friedman Quote on Work and UnemploymentMilton Friedman quote about work, taxation, and unemploymentCopyright © yoice.net – Quote ArtworkMilton Friedman quote graphic about the unintended effects of paying people to remain poorCopyright © yoice.net – Quote Artwork“When you start paying people to be poor” – Milton Friedman