Corporate Social Responsibility Revisited
How has CSR changed since Milton Friedman ignited the debate 50 years ago?
In 1970, the Nobel Prize–winning economist Milton Friedman wrote a landmark op-ed for The New York Times on the role a business should play in society. Fifty years later, his views continue to spark lively debates among professionals across industries.
On September 10, we welcomed practitioners, professors, and policymakers representing a wide variety of perspectives and backgrounds for a new global virtual conference. They discussed and debated the role of the corporation in corporate social responsibility, including environmental sustainability, corporate governance, and gender and racial diversity in the workplace.
Each of our three global campuses in Chicago, London, and Hong Kong hosted a portion of the conference throughout the day. At the conclusion of the Chicago portion of the conference, the conversation continued with a two-day event hosted by the Stigler Center for the Study of the Economy and the State entitled Political Economy of Finance 2020: Should Corporations Have a Social Purpose?
Further reading on topics presented in Chicago Booth’s recent event, Corporate Social Responsibility Revisited.Resource Collection: Corporate Social Responsibility
A Q&A with Randall S. Krozner on the legacy of Milton Friedman and how The Chicago Approach continues to advance discussions about CSR.Corporate Social Responsibility Today: The Debate Continues
See Where the Events Took Place
The conference, Corporate Social Responsibility Revisited, was part of a larger discussion centered on the anniversary of Milton Friedman’s op-ed, which included Political Economy of Finance 2020: Should Corporations Have a Social Purpose? a conference hosted by the George J. Stigler Center for the Study of the Economy and the State.
The Financial Times is your trusted guide to an uncertain world. In this era of disruption, we challenge business leaders to protect the future of free enterprise and wealth creation by pursuing profit with purpose. Read a curated selection of our journalism around these themes below and keep pace with the new agenda.In Partnership with Financial Times