Social Responsibility
- Date: February 25, 2004
- Level: University, Bachelor's
- Grade: A
- Length: 4 pages (1062 words)
- Essay rating:
- Keywords:
social responsibility of business, capitalist, socialist, milton friedman, communist system, profits, ...businessman, smoothly, rest of the world, absolutely, economics
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Subject > Social Science Essays > Society and community
In any particular countries or communities that are not under the communist system, they must have either capitalist or socialist or both. Capitalist and socialist are the two main things that make this country goes powerful in economics and other areas compare to the rest of the world. As long as we want to be success and strong we cannot ever deny the existent of either Capitalist or Socialist or both. And also, we must have social responsibility as businessman or individual. According to the theory of Milton Friedman said "The social responsibility of business is to increase its profits," I think this theory is absolutely true. As long as we are in any ...

... will caused the business in this country slow down.
Sometimes we should allow business to grow as much as they want as long as they won't violation the safety of society. If we do not let it grow freely as they want, there is no competing and our economy will be behind the economy of the world. Then, they cannot provide the best qualities with the best services for consumers. We always want businesses compete to each other, so we can have variety of product option. As long as they provide us goods and services that we are satisfied with it, they will make profit.
In general, to make this country a better 
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