Is It Possible To Be An Ethical Investor?
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Ignited by Milton Friedman’s 1970 famous piece in the New York Times entitled, “The social responsibility of business is to increase profits”, the unresolved question of ethical investing has been moot for more than half a century. I suspect many business leaders of Friedman’s day had not even considered the question and became even more dismissive of any social responsibility overlayed on their business profit-making during the rampant ‘greed is good’ 1980s.
