Unformatted text preview: 3. Corporate executives are originally hired to serve the interests of their principal but when they start creating taxes to get revenue to spend for other purposes they reveal a political machinery that enables them to do so. Those who imposes taxes needed to be elected through a political process, but as of right now corporate executives are chosen by their stockholders based on apparent qualities. 4. Friedman considers a society to be a collection of individuals and of the various groups they form. This explains his reasoning as to why businesses are not moral agents and why there are no such things as social responsibility due to societies having only shared values and responsibilities of individuals. 5. Friedman would be against this growing trend. He is a proponent of unanimity, but businesses and its related individuals often times must conform to ideas that they do not agree with to satisfy some greater general purpose....
View Full Document
This note was uploaded on 04/25/2011 for the course PHIL 205 taught by Professor Jonathanreibsamen during the Spring '10 term at Saint Louis.
- Spring '10