In this essay we look at Milton Friedman's famous essay “Corporate Social Responsibility is about Increasing Profits”. The following article is an attempt to critically evaluate the article taking into account Freeman's stakeholder theory. First, let's start with a little overview of what Milton Friedman laid out in his article. It seems that the whole point of his essay revolves around a fundamental statement that makes it clear that the only social responsibility of business is to use its resources and engage in activities designed to increase its profits as long as it remains within the rules of the game (Milton Friedman, the social responsibility of businesses is to increase profits). We probably all agree that the main goal of any business is to generate revenue and achieve a certain profit. But here's the question one might ask: Is profit the only thing to consider when making business decisions? From my point of view, the answer is no, as I will try to demonstrate throughout this article. A quick alternative to what should be a company's first priority is to create a customer, as Dr. Peter Drucker said. According to him “The customer is the foundation of a company and he makes it exist. He alone gives work. To meet the wants and needs of a consumer, society entrusts business enterprises with wealth-generating resources. (Santayana, George. Is the tyranny of shareholder value finally ending? )So, before going into more detail about the different perspectives related to social responsibility, one might question the meaning of social responsibility. It is generally accepted that social responsibility is defined as the obligation of businesses to make decisions that benefit society...... middle of paper ......responsibility to generate and maximize profit, but it must then take into account the Main elements essential to its survival: the stakeholders. For example, if customers stop purchasing a product or the investor withdraws their investment due to a greedy quest for profit. The future of an entire company collapses. In addition to this, maximizing profit by just playing by the rules of the game is not enough since the rules of the game are not always level, so both primary and secondary stakeholders need to be considered while making money .Bibliography: Works cited Friedman, Milton. The social responsibility of business is to increase profits. N.pSantayana, George. Is the tyranny of shareholder value finally over? Np and Web. .