Freeman vs Friedman
Milton Friedman’s article went into grave detail the social responsibilities of an individual vs. the social responsibilities of a business. He also explained the duties of the businessman: legislator, executive, and the jurist. He couldn’t understand how some businessman could be so “clear headed” regarding matters internal to their business but so “muddle headed” in matters outside their business in matters critical to their business’s survival. According to Friedman, there is one social responsibility for a business “engage in open and free competition without deception or fraud.” My personal reaction to this article was that it was very difficult to read and comprehend. I had to reread the article and several sections of it several times to figure out what Friedman was trying to convey. I agree with Friedman’s one social responsibility for a business. However, when compared to Freeman’s article, his message was much clearer and defined better than Friedman’s....
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