Profit above responsibility: did Friedman win after all?
Profits before all was the doctrine espoused in the 1970s, and while the look of big business in America has evolved beyond recognition, the motivations seem little changed....
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Jerry Davis is the Gilbert and Ruth Whitaker Professor of Business Administration and Professor of Sociology at the University of Michigan’s Ross School of Business. He has published widely in management, sociology, and finance. His latest book is Taming Corporate Power in the 21st Century (Cambridge University Press, 2022), part of Cambridge Elements Series on Reinventing Capitalism.
30 September 2023 • by Jerry Davis in Audio articles • 9 min read
Profits before all was the doctrine espoused in the 1970s, and while the look of big business in America has evolved beyond recognition, the motivations seem little changed....
3 July 2023 • by Jerry Davis in Audio articles • 8 min read
Outdated tools make it hard to answer even basic economic questions. It’s time to create a better data architecture for mapping our increasingly complex technology-driven business world. ...
2 May 2023 • by Jerry Davis in Finance • 7 min read
The powerful 'Big Three' index funds managers will not protect their portfolio companies from hedge fund activists. This battle for the future of corporate America is as perplexing as it is unpredictable....
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