ECON110_Morality in the Marketplace Paper - Reaction Paper 2 Morality in the Marketplace Reflections on the Friedman Doctrine Throughout the reading

ECON110_Morality in the Marketplace Paper - Reaction Paper...

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Reaction Paper 2 Morality in the Marketplace: Reflections on the Friedman Doctrine Throughout the reading “Morality in the Marketplace: Reflections on the Friedman Doctrine,” Robert Almeder strives to prove that the “barely legal” actions corporations are taking and many of theirs support from the Friedman Doctrine is unjust and subversive to the long-term common good. However, Almeder failed to make his point stick; below I will explain the three reasons why I disagree. Almeder argued the Friedman Doctrine because he claims organizations are socially responsible and being unjust is actually less profitable in the long-run. In defense of Friedman, people have social responsibilities. Corporations have “fake” responsibilities. A businesses responsibilities are solely to act in accordance with their desires and goals, which more often than not are to make as much money as possible for the their shareholders and not breaking any laws. When companies are seen as preforming unjust acts that
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