Friday, January 13, 2012
Social responsibility of organizations
Both Friedman and Almeder have valid points, when talking about social responsibility in corporations. Friedman is correct in saying that the primary goal of a corporation is to serve in the shareholders best interests; which, in most cases involves maximizing profit. I also somewhat agree with Friedman when he questions how social responsibility and morals are defined and who defines them. However, I think we all can agree that some actions are without a doubt immoral, while there is a gray area for other actions. As we discussed in class today, I think we all can agree that killing a human being for any amount of money is wrong. However, for some reason there is a gray area when we talk about a company polluting to make an extra buck. Although, these two actions are not identical, they are absolutely similar, because in both cases (whether an individual or a corporation) they are directly causing death in order to make a profit.
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