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Capitalism And Freedom Milton Friedman Summary

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Capitalism And Freedom Milton Friedman Summary
Last summer after delving into some of the works of Milton Friedman (“Capitalism and Freedom” and “Free to choose”) I became convinced by his philosophy of free market Capitalism. However, attending Stanford’s Social Entrepreneurship Course made me reconsider so much of my worldview. Milton Friedman had convinced that the only social responsibility of a company should be to deliver a profit to its shareholders. However this directly contradicts the ethos of social entrepreneurship, whereby human and environmental well-being are maximized not profit. I remember challenging the professor about how the free market is able to produce a much fairer society, where wealth can move around much more easily. However over the four weeks I realized
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