Problem
I. The late Nobel Prize-winning economist, Milton Friedman, argued that the only 'social responsibility' companies have is to maximize the wealth of their owners. What would be the strongest critique of his view? How might he reply? In your view, would the reply be sufficient to address the critique adequately? In your view, does his perspective mean that companies should not employ institutional advertising generally and advocacy advertising specifically? Explain and clarify providing at least one supporting example.
II. "The late Nobel Prize-winning economist, Milton Friedman, argued that the only "social responsibility" companies have is to maximize the wealth of their owners. Does his perspective mean that companies should not employ institutional advertising generally and advocacy advertising specifically?"