Thursday, March 10, 2011

Ronald Reagan: The Father of CSR


As bizarre as it may seem, Ronald Reagan and Margaret Thatcher conceived a love child. Today the demanding adolescent goes by a number of aliases, but most business people call it Corporate Social Responsibility.

Before you start protesting, hear me out. Reagan and Thatcher believed in the power of the market and held that even well-intentioned government intervention was misguided. The free market was responsible for creating wealth and progress in society and any hindrance to market forces was a hindrance of human progress.

See full Article.