I read with interest your opinion piece in yesterday’s Wall Street Journal entitled “The Case Against Corporate Social Responsibility.”  I applaud your effort to continue to challenge this emerging field in business. In the spirit of continued and friendly academic debate, however, there are a few very important pieces of information you didn’t include in your article. Most notably, Milton Friedman’s nearly 40-year old New York Times Magazine article, “The Social Responsibility of Business is to Increase Profits,” raised many of the same issues in your piece, making many of your points seem familiar to me.  Namely:  an executive’s sole responsibility is the return of profits to shareholders, that he or she shouldn’t use shareholder money to promote a personal interest in philanthropy, and that executive-owners of private firms are free to make their own decisions since they are usually the sole or primary shareholders. More…

Source: Forbes.com