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New York Times headline indicates "A Friedman doctrine‐- The Social Responsibility Of Business Is to Increase Its Profits".
Exactly.
Milton Friedman is best known for his rejection of what we call Corporate Social Responsibility saying that the only corporate responsibility is to increase profits.
Corporate Social Responsibility looks beyond profits:
"Corporate Social Responsibility (CSR) is the idea that a company should play a positive role in the community and consider the environmental and social impact of business decisions. It is closely linked to sustainability − creating economic, social, and environmental value – and ESG, which stands for Environmental, Social, and Governance. All three focus on non-financial factors that companies, large and small, should consider when making business decisions."
Adhering to the guidelines dictated by the BMW-controlled BMW Clubs International Council the MOA promotes loyalty to the the BMW brand yet the BMW brand is only loyal to its shareholders. This is said to be a mutually beneficial arrangement by some here. What hypocrisy.