What is the basic difference between Folsom's and Josephson's views of these businessman?

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2026-07-19 17:00

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Folsom views businessmen primarily as creators of wealth and drivers of economic progress, emphasizing their role in innovation and job creation. In contrast, Josephson critiques this perspective by highlighting the moral and ethical responsibilities of businessmen, suggesting that their pursuit of profit can sometimes lead to negative social consequences. Essentially, Folsom celebrates the entrepreneurial spirit, while Josephson calls for accountability and ethical considerations in business practices.

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