Milton Friedman Meets Whole Foods

Milton Friedman has passed. His time is passing, too. Not the time of the value of free markets, but the time that holds that the sole good (and purpose) of business is maximizing profits for investors. Evidence of the changing times can be found among other places in Open Source software movement and the Creative Commons approach to intellectual property.

Evidence is also found in an article in Reason Magazine last year — “Rethinking the Social Responsibility of Business: A debate featuring Milton Friedman, Whole Foods’ John Mackey, and Cypress Semiconductor’s T.J. Rodgers”.

With the most pressing problem facing the world today being the question of how do we live together (as a country, as a planet), which approach to business and social responsibility is most timely?

Advertisements

One Trackback to “Milton Friedman Meets Whole Foods”

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: