Shareholder supremacy and the precog CEO (opens in new tab)

A bright line test that’s totally unfalsifiable\. If you’d like an essay-formatted version of this post to read or share, here’s a link to it on pluralistic\.net, my surveillance-free, ad-free, tracker-free blog: It’s been 55 years since Milton Friedman — cursed be his name — published his NYT editorial, “The Social Responsibility of Business Is to Increase Its Profits,” in which he invented the idea of shareholder supremacy out of whole cloth and declared it to be a universal, freestanding,...