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He believed that social responsibility was to make money off the stockholders. Recently there was a debate between Freidman, John Mackey CEO, of Whole Foods, T.J. Rodgers CEO, of Cypress Semiconductor about social responsibility and what it meant to them. This was a statement from John Mackey disagreeing with Freidman’s statement towards social responsibility...

This was a statement from John Mackey disagreeing with Freidman’s statement towards social responsibility.

I strongly disagree. I'm a businessman and a free market libertarian, but I believe that the enlightened corporation should try to create value for all of its constituencies. From an investor's perspective, the purpose of the business is to maximize profits...

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