Does the Enron scandal demonstrate the disastrous consequences

ENRON FILM STUDY GUIDE Enron: The smartest guys in the room (2005). Magnolia Studios.

https://watchdocumentaries.com/enron-the-smartest-guys-in-the-room/

I recommend watching the entire film, but make sure to watch at least the following segments:

5:20-12:32

17:38-24:50

48:25-56:37

1:03:08-1:22:30

1:27:44-1:46:40

Your essay questions will be:

1) Does the Enron scandal demonstrate the disastrous consequences of the full implementation of the Friedman/libertarian classical model of corporate social responsibility?

2) Or is the Enron scandal the kind of thing that could have been prevented if we were to adhere to the strict rules of free market economics à la Friedman?

Your answer should:

a) explain what you take to be the essential aspects of Freidman’s model of free market economics as they bear on the Enron scandal

b) develop in some detail the reasoning behind your answer concerning the downfall of Enron.

The above question provides you with two possible positions to adopt on the film. If you have another position on the Enron scandal, you are welcome to develop it. Just be sure that your position addresses the question of the ultimate cause of the scandal. If your proposed analysis has nothing to do with either ethics or economics, contact me in advance.