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2026-06-13 19:26:41 UTC

Cory Doctorow on Nostr: It's been 55 years since Milton Friedman (cursed be his name) published his *NYT* ...

It's been 55 years since Milton Friedman (cursed be his name) published his *NYT* editorial, "The Social Responsibility of Business Is to Increase Its Profits," inventing the idea of shareholder supremacy out of whole cloth, declaring it to be a universal, inarguable truth:

https://www.nytimes.com/1970/09/13/archives/a-friedman-doctrine-the-social-responsibility-of-business-is-to.html

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If you'd like an essay-formatted version of this thread to read or share, here's a link to it on pluralistic.net, my surveillance-free, ad-free, tracker-free blog:

https://pluralistic.net/2026/06/13/minority-shareholder-report/#psychic-damage

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