To start
off, that whole purpose of social responsibility is for individuals in an
organization to work together to find the best suitable action that is in the
best interest of society. However, Friedman goes on to explain that profit is
the only thing that business view as social responsibility. In continuation, individuals
have social responsibilities as they have the conscience to act upon right action
and avoid wrong doing. In the article, Friedman states “what does it mean to
say that ‘business’ has responsibilities? Only people can have
responsibilities. A corporation is an artificial person and in this sense may
have artificial responsibilities, but ‘business’ as a whole cannot be said to
have responsibilities, even in this vague sense” (Friedman, 121). Through this
quote, Friedman proves his point when he said “‘business’ as a whole cannot be
said to have responsibilities” as they only thing business know is how to do is
generate a profit. Therefore, social responsibility cannot be displayed through
a business, but only through individuals.

 

            However, on the other hand the
videos argue that large corporations are to be blamed for everything as they
are controlling society. In continuation, they go on to explain that if we do
not put a stop to it- it will result in these businesses destroying our society
even more in the near future. During the video, they state, that greenhouse
gases have grown tremendously over the last decade as they need to put a stop
to it. Furthermore, they go on to state that they need to use some alternative
products to reduce greenhouse gases. Some alternative solutions are solar
panels and wind turbines. This states that corporations should start looking at
the bigger picture which is providing the best interest to society. If businesses
fail to do so it will result in all of humanity to pay for their mistakes. To conclude,
organization should eliminate the idea that social responsibility is all about
making a profit, but as a responsibility to make our community a better place.

 

            After reading Friedman’s article and
viewing both videos, I feel that they are both right in some certain categories.

To begin, I agree with Friedman when he states that the only responsibility
that businesses have is to generate a profit. Since the only purpose of a business
to become successful, it is most likely they would put themselves first and
society second. On the other hand, I agree with the video when they explain
that these larger businesses are controlling society and how they need to be
stop before any more serious issues begin to rise. I feel that there are certain
solutions that could be done to prevent these problems from occurring once
again. For example, the government should place a law down that prevents these organizations
from damaging our world even more. For example, reduce the amount of pollution
these factories produce to our world. To end off, both Friedman and the videos
provide compelling points on how organizations view social responsibility.