Send us a text In 1970, economist Milton Friedman declared that the only social responsibility of business is to increase profits. Half a century later, his doctrine still shapes our economy, our politics, and our daily lives. But what does “profit first” really mean for workers, communities, and democracy? In this episode of American Socrates, we dig into Friedman’s famous essay and its consequences. We explore how corporations gained legal power as “agents” of shareholders, why critics like...