Fifty years ago this month, the economist Milton Friedman published his influential essay, The Social Responsibility of Business is to Increase Its Profits, which helped usher in decades of shareholder primacy as the dominant management for business. Friedman's belief that a laissez-faire approach to markets was beneficial for society has simply been disproven. Today, there is strong evidence for why CEOs should make worker's financial security a C-suite priority - because building a resilient workforce is a strategic investment to your bottom line, a down payment on future growth.
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