Today’s critics misunderstand the 1970 admonition to put profit first, argues @MichaelRStrain.
Corporations that have publicly moved away from shareholder capitalism are inadvertently demonstrating its durabilityhttps://trib.al/42CfPae
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The concept misconstrues what an economy is for, counters
@opinion_joe. Companies have laid off their workers, manipulated earnings, lied to customers and avoided taxes -- all in the name of maximizing shareholder valuehttps://trib.al/TColsnaShow this thread -
So, what do you think? Was Milton Friedman right or wrong about shareholder capitalism?
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And he was right. And throughout his career, Friedman tailed against crony capitalism.
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RAILED against crony capitalism, not tailed against it.
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There is no logical argument against the fundamental truth written fifty years ago. Creating wealth is the key to social and financial mobility for all.
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capitalism is like religion an addiction you can't stop

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The stage of capitalism that we are in now is corrupt v
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If you value money above everything else in life, then sure. But good people value more than just wealth. Even better people go a step further — value other things ABOVE wealth.
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