The Corporation: The Pathological Pursuit of Profit and Power
As incisive as Eric Schlosser's bestselling Fast Food Nation, as rigorous as Joseph E. Stiglitz's Globalization and Its Discontents, and as scathing as Michael Moore's Stupid White Men, Joel Bakan's new book is a brilliantly argued account of the corporation's pathological pursuit of profit and power. An eminent law professor and legal theorist, Bakan contends that the corporation is created by law to function much like a psychopathic personality whose destructive behavior, if left unchecked, leads to scandal and ruin.
In the most revolutionary assessment of the corporation as a legal and economic institution since Peter Drucker's early works, Bakan backs his premise with the following claims:
The corporation's unbridled self-interest victimizes individuals, society, and, when it goes awry, even shareholders and can cause corporations to self-destruct, as recent Wall Street scandals reveal.
While corporate social responsibility in some instances does much good, it is often merely a token gesture, serving to mask the corporation's true character.
Governments have abdicated much of their control over the corporation, despite its flawed character, by freeing it from legal constraints through deregulation and by granting it ever greater authority over society through privatization.
Backed by extensive research, The Corporation draws on in-depth interviews with such wide-ranging figures as CEO Hank McKinnell of Pfizer, Nobel Prize-winner Milton Friedman, business guru Peter Drucker, and critic Noam Chomsky of MIT.
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LibraryThing ReviewUser Review - PoliticalMediaReview - LibraryThing
Brilliant debunking of anything you thought was ever good about corporations (which may not have been much). Bakan goes through the rise of the entity of the corporation, from its humble beginnings a ... Read full review
LibraryThing ReviewUser Review - Paul_S - LibraryThing
Not what I expected. Well researched, methodically argued, insightful and not preachy. Read full review
TWO Business as Usual
THREE The Externalizing Machine
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