Under shareholder primacy, businesses can write off air pollution and environmental degradation as "externalities."Friedman's worldview has brought us to where we are today: a time when the American capitalism made in his image seems more dysfunctional than ever.
by The Harris Poll and Just Capital, an independent research firm founded by the billionaire investor Paul Tudor Jones. Leo Strine, former chief justice of the Delaware Supreme Court, and Allbirds CEO Joey Zwillinger examined inequality further in a recent essay in"From 1948 to 1979, worker productivity grew by 108.1% and wages grew by 93.2%, with the stock market growing by 603%," they write.
Between 1979 to 2018, however, worker pay only rose by 11.6% as productivity rose by 69.6%. Over the same period, compensation for chief executives grew by an enormous 940% and the stock market grew by 2,200%. Without any responsibility to the environment under Friedman's tenets, companies wrote off environmental risk as a public concern. Meanwhile environmental regulation was stymied.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
This article is Bull Shit.
This article is exactly why social activists should not write about business, a topic they don't understand anything about.
You don't have journalists with real business knowledge just bias social activists. It's obvious to everyone. Reporting news is one thing, not understanding business is another. You can't do either well.
1) Pandemic: Businesses should adapt to stay in business, but Democrats shut them down. 2) Fires: Happening in Democtrat states, that is government negligence affecting businesses. 3) Inequality: In this country, you can work and get ahead, or be lazy and play the victim.
He and his colleagues are completely wrong. People aren’t responsible nor should they be concerned about the success of companies. They wrote their theories to ultimately support and shore up their sponsors
Wow. Business Insider doesn’t get business. Let that sink in.
This notion is buttressed by policy. It’s their legal obligation to think only of profits. It only underscores the fact that the war is over. They won. The government has been totally captured by multinational corporations. The free market created these conditions you describe.
1 Chutiya Tha ye Milton Friedman. FraudFriedman
Singapore Singapore Latest News, Singapore Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Inside Akon City, the $6 billion smart city Akon is building in Africa - Business InsiderAkon, the pop star behind hits like 'Smack That,' is masterminding a $6 billion smart city in Africa backed by a shadowy investor. Inside Akon City, where everything will be funded by 'Akoin' and the singer hopes to reinvent his legacy. Shadowy investor He better confer with TI before doing that. Completely filthy, well done, looks fking awesome! Akon
Source: BusinessInsider - 🏆 729. / 51 Read more »
We went inside a West Bank factory to see how people make soap out of olive oil - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
15-year-old business prodigy says the key to success is a strong story - Business InsiderA teen business prodigy who landed $60K on 'Shark Tank' at age 10 explains how to start small to get to know your customers, build a strong narrative, and pinpoint your competitive advantage she could be a handful in my plantation
Source: BusinessInsider - 🏆 729. / 51 Read more »
How actress Brooke Shields talks to her kids about life insurance - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. She's a multi-millionaire why does she have life insurance? Explain to them that if they spend responsibly, and invested that same amount of money every month, they would be much better off in the long run.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Oxford and AstraZeneca are resuming trials on coronavirus vaccine - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Hi Realtors, Hope you are doing well. I ensure that your designs not only look good but also make SALES. We can work in any type of Moden/ Vintage / Minimal / Elegant real estate flyer design. Here is My example Works: incitu Maksudnya dok?
Source: BusinessInsider - 🏆 729. / 51 Read more »
The film 'Cuties' has been met with growing resistance in Washington - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. i mean i’m sure this cancelnextflix trend can’t possibly have to do with the fact it’s also the opening weekend of a completely disturbing documentary that pulls the curtain back on how we’re being manipulated by big tech, advertisers, and villainous political minds Also ask there parents why they signed up their kids for this Not one of those “critics” has actually watched the movie.
Source: BusinessInsider - 🏆 729. / 51 Read more »