Repost from Working Knowledge of HBS | July 29, 2013
The common thinking about laissez faire, and free market that capitalism is just a step removed from the jungle. But the truth is that there are strong moral framework for capitalism as contained in the writing of Milton Friedman, Adam Smith. Thus argue HBS Rebecca M. Henderson and Karthik Ramana. Certain normative goals are in a capitalist society as fairness of opportunity and protection of individual rights
Our task is to add texture, add richness to the moral structure that exists in the capitalist society. We are not making immoral men moral in a capitalist society. It is a big mistake that business people as amoral or immoral. A business can not continue its existence if it is not good; especially in a Judeo Christiab setting.
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I certainly agree on what you have stated that " A business cannot continue its existence if it is not good, which is very true. An entity's capacity to stay longer in the industry depends solely on its ability to satisfy the customers, which is their king, or in other words, the ones who pays our salaries and so on and so forth. A good manager leads a business to its massive success and I guess Holy Gardens proved that they are one among the TOUGHEST in this business world,staying and gaining popularity in our country when it comes to memorialization industry.
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