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Corporate Responsibility: The Politics of Pitting Profits vs. Stakeholders
In 2019 the Business Roundtable ambitiously sought to re-define the purpose of a corporation. Milton Friedman’s adage that the primary responsibility of a corporation is to shareholders is routinely criticized. In this lecture, David Bahnsen argues that the false dilemma of profits vs. social responsibility is a by-product of a lost understanding of Kuyperian sphere sovereignty.