Navigating Business Ethics and Social Responsibility

This chapter explores the evolution of business ethics, contrasting perspectives from historical figures like Milton Friedman and Adam Smith on corporate responsibility. It delves into the relationship between large tech companies and government, particularly under the Biden administration, highlighting tensions around antitrust matters and the definition of consumer harm. The chapter also discusses the emerging models of capitalism that blend profitability with social impact, emphasizing the significance of ethical considerations in research and investment in social enterprises.