Langston Hughes :: essays research papers

HOW SHOULD I MAKE MONEY?Businesses nowadays do what they generate to do to get in the job done, as far as devising profit and succeeding in their goals. They complete these goals by any content necessary and in my opinion they should be held responsible for their actions. Sure what they do can sometime bring in profit, only when looking ahead, theyre doing things against public interest and in the long run it will break their companies. They should allow us as a people to know whats going on so we can better informed. In their eye what we dont know wont hurt us, but in actuality it does In Friedmans The Social Responsibility of Business is to Increase its Profits. Friedman argues that the four-in-hand is an agent of the shareholders, responsible mainly for the profit they seek, and for following the rules of society, being some(prenominal) legal and ethical, meaning they there is no fraud or coercion and there is free competition. He considers the talk of social responsibili ty of business sector to be misguided, indicative of a trend toward socialism. He argues that to decide to capitulate profit for some meetive social good is to, in effort, collect taxes and decide how they are to be spent, which is reserved for the political process. Non-elected company managers should not be doing this. In business, Friedman believes, people do what they choose to do, while in politics the majority rules. But that political process should be unploughed to a minimum and kept out of business.Friedman believes this applies also to the newer phenomenon of calling upon stockholders to submit corporations to exercise social responsibility. This is just one group trying to get some other people to do what that group considers important. He does allow, though, that a proprietor not a corporation is free to spend his money on good causes, even though it may affect customers, etc., because he has not monopoly. (If it is too costly he will cease to be competitive.)Finall y, Friedman believes that some of the social responsibility that is talked about is just window-dressing and serves the interests of the company by enhancing profit. He finds this dishonest but on his own principles he cannot protest with it, since it is done in the interests of profit.In Christopher D. Stones Why Shouldnt Corporation Be Socially Responsible? Its Stones theory that its not that despite what many persons believe, corporations are by nature irresponsible.