Read Chapter 5.2
(Attached is the pdf file of Chapter 5.2)
Write one to two pages answering the following questions after the reading:
1. Explain Mackeys business philosophy, and how he sees it differing from Friedmans.
2. Why does Friedman believe that his view and Mackeys basically come to the same thing? Is he correct about this, or is Mackey right that they arent the same?
3. Why is Milton Friedman critical of corporate charity? Who is right about thisMackey or Friedman?
4. Which approach to businessMackeys, Friedmans, or Rodgerssseems the best to you? Why? Does Mackeys business model represent a new and potentially better capitalist philosophy?
