v1n12: Singer on Hussain: Profit MaximizationPosted: May 13, 2013
“What is the Best Way to Argue Against the Profit-Maximization Principle?” by Abraham Singer
A COMMENT ON Waheed Hussain (2012), “Corporations, Profit Maximization and the Personal Sphere,” Econ & Phil 28(3): 311–331.
Abstract: This brief paper engages with Hussain’s critique of what he refers to as the “efficiency argument for profit maximization.” Here I argue that Hussain’s strategy of seeing the corporation as an extension of the private sphere is not a very effective way of challenging the profit-maximization norm.
To download the full PDF, click here: Singer on Hussain.