1. Read “A Friedman doctrine‐- The Social Responsibility of Business Is to Increase Its Profits”
By Milton Friedman
https://www.nytimes.com/1970/09/13/archives/a-friedman-doctrine-the-social-responsibility-of-
business-is-to.html
(I plan to email this link to you as well so remind me if you do not get it by the end of the week)
2. Take half a page to explain why you agree or disagree with Friedman.
3. Then summarize the opposing opinion in one page (that is, summarize the arguments that take
the opposite of the position you took in #2). Find at least three sources to use for the opposing
opinion.
Good sources will be:
-op-ed articles in major newspapers like the New York Times, Wall Street Journal, San Antonio
Express-News, etc. written by experts (economists, sociologists, business professors, CEOs of
major corporations).
-articles in major magazines like Time, Newsweek, Fortune and the Atlantic Monthly that focus
on this issue, especially if they quote experts.
-blog posts by economics, business, sociology professors
You can get started by googling: Friedman “social responsibility”
There is a so-called ESG movement. Much has been written about this so you should be able to
find sources. Environmental, Social, and Corporate Governance (ESG) data refers to metrics
related to intangible assets within the enterprise, a form of corporate social credit score. (From
Wikipedia).
You can get started by googling: Friedman ESG
If you are not sure if a source is good, just email me the link or show it to me.
4. Then spend one page explaining what you learned from exploring and researching the
opposing side. Explain how this changed your mind or forced you to better justify your initial
opinion.
5. Then they take half a page to say how you think society can make business more socially
responsible based on either Friedman’s article and/or the sources you found. You might discuss
how you, working with other individuals, could help make business more socially responsible.
This discussion can incorporate elements from the Friedman article and/or the sources that you
found.
1. Read “A Friedman doctrine‐- The Social Responsibility of Business Is to Incre
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