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Profit maximization as moral purpose: Channeling Milton Friedman - How to be Profitable and Moral
To many, profit maximization seems cold, heartless, even exploitative. They consider business immoral and the profit-seeking corporate model to be in need of reform. The advocated reform is for corporations to adopt “social” goals—reducing poverty, protecting the environment, increasing social justice, and the like. The corporate reform movement is not new. Almost 50 years ago, …