It’s “Shareholder”Tuesday, October 25, 2005
My latest is up at lewRockwell.com. It’s based on a piece running on ReasonOnline called Rethinking the Social Responsibility of Business: A Reason debate featuring Milton Friedman, Whole Foods’ John Mackey, and Cypress Semiconductor’s T.J. Rodgers.
Open any modern business textbook and you’ll note the use of “stakeholder,” not “stockholder.” This concept is a major player in the reprogramming of future business minds. I write about why it is more collective claptrap.