Enrique Dans
Published in

Enrique Dans

Friedman’s dictum is finally laid to rest: so what’s the function of companies now?

Milton Friedman, pictured above, one of the architects of neoliberalism, the father of the Chicago School, a Nobel laureate, dominated economic thinking in the second half of the 20th century. He is often remembered for his belief that a company’s sole function was to maximize shareholder profit. Outlining the “Friedman doctrine” in a 1970 article

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Enrique Dans

Enrique Dans

Professor of Innovation at IE Business School and blogger at enriquedans.com