Your English writing platform
Discover LudwigExact(7)
By practice or by law, the operating system and the culture of business and capital markets became Milton Friedman's maxim that the social responsibility of business is to maximize wealth for stockholders.
To maximize wealth, a nation had to balance "the power to produce and the will to consume".
Infanticide and abortion were widely used as means of limiting family size, both to maximize wealth and to avoid starvation, and pregnant women were thus watched over in order to increase the farming populace so that tax revenues from that sector would rise.
The city-state is neither a business enterprise to maximize wealth (as the oligarchs suppose) nor an association to promote liberty and equality (as the democrats maintain).
For a corporate enterprise, the purpose is the earning of profit by offering a product or service so as to maximize wealth for shareholders (Friedman 2007).
They're paid $2 or $3 a day to repeat mundane tasks in "World of Warcraft" that generate game currency, and they're generating about $4.25 an hour if they maximize wealth creation in the game.
Similar(53)
Is the owner interested in maximizing wealth or in receiving the utility benefits of serving a local community while receiving ego-affirming gratification?
But, beyond this point wealth and income are generated and distributed so as to maximize overall wealth and therewith (presumably) overall utility.
That thought occurred to me as I presented to my students in first-year economics a sketch of what economists call "constrained optimization": An investor-owned company, for example, is modeled by economists as seeking to maximize the wealth that the company represents to its owners, without violating the laws of the land.
Milton Friedman, the noted economist, argued that the primary responsibility of managers is to maximize shareholder wealth.
Nations will not maximize their wealth unless they have the wisdom to allow spontaneous growth to occur.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com