1. Giant Companies Leaned into Making Capitalism Look Cuddly this Year

    Giant Companies Leaned into Making Capitalism Look Cuddly this Year

    Milton Friedman has had a tough year. The Chicago economist died in 2006, but his legacy lived on in corporate boardrooms. That changed in 2019 as chief executives lined up to disavow the doctrine that the Nobel laureate popularized in a landmark 1970 essay: that a company’s sole social responsibility is to produce profits for its shareholders...

     

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