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Podcast: Relentless Health Value
Episode: EP384: How Shareholders Impact Payer Behavior, Exactly and Specifically, With Wendell Potter
Description: Here's a Milton Friedman quote: "There is one and only one social responsibility of business—to use its resources and engage in activities designed to increase its profits so long as it [that entity] stays within the rules of the game, which is to say, engages in open and free competition without deception or fraud." Okay, so this is Friedman, Milton Friedman, pretty much the most influential advocate of free market capitalism, stating quite clearly that an entity's greatest responsibility lies in the satisfaction of its shareholders. His nod to social responsibility or ethics of any kind co...