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The Corporation

The Pathological Pursuit of Profit and Power

By Joel Bakan

(22)

| Paperback | 9780743247467

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Book Description

Over the last 150 years the corporation has risen from relative obscurity to become the world's dominant economic institution. Eminent Canadian law professor and legal theorist Joel Bakan contends that today's corporation is a pathological institution, a dangerous possessor of the great power it Continue

Over the last 150 years the corporation has risen from relative obscurity to become the world's dominant economic institution. Eminent Canadian law professor and legal theorist Joel Bakan contends that today's corporation is a pathological institution, a dangerous possessor of the great power it wields over people and societies.

In this revolutionary assessment of the history, character, and globalization of the modern business corporation, Bakan backs his premise with the following observations:

The corporation's legally defined mandate is to pursue relentlessly and without exception its own economic self-interest, regardless of the harmful consequences it might cause to others.

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.

Governments have freed the corporation, despite its flawed character, from legal constraints through deregulation and granted it ever greater authority over society through privatization.

But Bakan believes change is possible and he outlines a far-reaching program of achievable reforms through legal regulation and democratic control.

Featuring in-depth interviews with such wide-ranging figures as Nobel Prize winner Milton Friedman, business guru Peter Drucker, and cultural critic Noam Chomsky, The Corporation is an extraordinary work that will educate and enlighten students, CEOs, whistle-blowers, power brokers, pawns, pundits, and politicians alike.

Critics

  • The Corporation: The Pathological Pursuit of Profit and Power

    by Joel Bakan The post-9/11 chill that muted some critics of corporate business practices did nothing to stop professor Joel Bakan from pursuing his own thesis: that corporations are, by structure, nature, and law, pathological creatures with zero co ... (read full critics)

    quillandquire published on Tue, 14 Sep 2010

  • The Corporation: The Pathological Pursuit of Profit and Power by Joel Bakan

    ...it is better to ask why we have tyranny than whether it can be benevolent. This quotation from Noam Chomsky could be the motto to Joel's Bakan book. Hailed by reviewers as 'Fahrenheit 9/11 for people who think' and described by The Economist itsel ... (read full critics)

    thebookbag published on Tue, 14 Sep 2010

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9780743247467 Paperback $15.00 $10.80 bn.com
$15.00 $9.49 The Book Depository
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