How has CSR changed since Milton Friedman ignited the debate 50 years ago? Watch what leading thinkers had to say during a global conference hosted by Chicago Booth.
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?
Experts from across the globe consider the Friedman doctrine and the social responsibilities of contemporary companies.
Further reading on topics presented in Chicago Booth’s recent event, Corporate Social Responsibility Revisited.
A Q&A with Randall S. Krozner on the legacy of Milton Friedman and how The Chicago Approach continues to advance discussions about CSR.
See Where the Events Took Place
Our campus in Hong Kong kicked off the global virtual conference. Experts discussed sustainability and corporate governance.
The conference continued at our London campus, with a keynote from Booth’s Raghuram G. Rajan and a panel discussion on diversity and inclusion.
The conference concluded at our Chicago campus with an in-depth exploration of corporate governance, with a keynote address moderated by Booth’s Randall S. Kroszner.
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.
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