Mr. Friedman’s view of business and politics is complicated. His general view is that the former should stay out of the latter, and certainly not use shareholder money to influence it. And yet, “I can’t blame a businessman who goes to Washington and tries to get special privileges for his company,” he wrote. “If the rules of the game are that you go to Washington to get a special privilege, I can’t blame him for doing that. This move was seen as a tipping point for corporate governance by some observers and a cynical public relations ploy by others.

Source: New York Times September 11, 2020 10:41 UTC