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The "Woke" Capitalism Game With Vivek Ramaswamy

Capitalisn't

00:00

Milton Friedman's the Purpose of Cooperation

Milton Friedman never responded to I think the best argument for stakeholder capitalism. The state allows the corporation to exist society gives corporate shareholders this legally invented privilege called limited liability. If we're going to create Frankenstein's monster we want to keep that monster in the cage of capitalism itself, he writes. He says social media is a problem because it doesn't exercise discretion over what makes its users more or less angry and churches are also at risk if they don't change their ways.

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