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Representatives of the Business Roundtable recount how proud they are of abandoning the company's goal of serving shareholders in favor of the business model. "Stakeholder" more aware. We talked about it on Tuesday and the CEOs have undoubtedly enjoyed the Fortune magazine soap opera more than our editorial.
The media cheerleaders seem particularly happy that the CEOs have left the great economist Milton Friedman behind. So we thought about reprinting nearby extracts of Friedman's 1970s …
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