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Reply #2: From another HuffPost article: [View All]

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Lorien Donating Member (1000+ posts) Send PM | Profile | Ignore Fri May-21-10 10:09 AM
Response to Reply #1
2. From another HuffPost article:
The corporation is the predominant institution in Western society, and there is indeed a yin to its yang. Corporations provide vital jobs, ideas, products, and services. But these are all incidental and secondary to the profit-drive. If a corporation does good for goodness' sake then, by law, it runs the risk of being sued by its shareholders. As its greatest champion, Milton Friedman, told author Joel Bakan: "Its interests are the interests of its stockholders. Now, beyond that should it spend the stockholders' money for purposes which it regards as socially responsible but which it cannot connect to its bottom line? The answer I would say is no."
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