What is Milton Friedman's position social responsibility?

Milton Friedman argued that the primary responsibility of a business is to its shareholders, emphasizing that companies should focus on maximizing profits within the bounds of the law. He believed that engaging in social responsibility initiatives detracts from this goal and undermines the efficiency of the market. According to Friedman, the role of businesses is not to address social issues, but rather to operate within a framework that allows individuals to pursue their own social goals through private charity and voluntary actions.