Highlights
-
The message of this book is that the Friedman doctrine is not a law of nature. On the contrary, it is unnatural; nature abhors it, if only because it has been the seed of nature’s destruction.
Location 213
-
The assets of the firm have been accumulated on the back of the investments of virtually every segment of society—employees, suppliers, communities, nations, and nature—on the basis of extensive privileges and protections deriving from incorporation and limited liability. Shareholders do not and should not have rights to do with their companies what they please, even while staying within the law and social norms. They have roles and responsibilities as well as rights and rewards deriving from their dependence on and obligations to the societies in which they operate.
Location 244