The Corporation - The Pathological Pursuit of Profit and Power-logo

The Corporation - The Pathological Pursuit of Profit and Power

Joel Bakan

Joel Bakan's 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 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-a concept endorsed by no less a luminary than the Nobel Prize-winning economist Milton Friedman. • 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. Despite the structural failings found in the corporation, Bakan believes change is possible and outlines a far-reaching program of concrete, pragmatic, and realistic reforms through legal regulation and democratic control. 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. Published by Post Hypnotic Press Inc. Distrubited by Big Happy Family LLC.

Joel Bakan's 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 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-a concept endorsed by no less a luminary than the Nobel Prize-winning economist Milton Friedman. • 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. Despite the structural failings found in the corporation, Bakan believes change is possible and outlines a far-reaching program of concrete, pragmatic, and realistic reforms through legal regulation and democratic control. 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. Published by Post Hypnotic Press Inc. Distrubited by Big Happy Family LLC.
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Description:

Joel Bakan's 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 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-a concept endorsed by no less a luminary than the Nobel Prize-winning economist Milton Friedman. • 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. Despite the structural failings found in the corporation, Bakan believes change is possible and outlines a far-reaching program of concrete, pragmatic, and realistic reforms through legal regulation and democratic control. 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. Published by Post Hypnotic Press Inc. Distrubited by Big Happy Family LLC.

Language:

English

Narrators:

Rebecca Jenkins

Length:

6h 36m


Chapters

Free Sample

05:00

Chapter 1
Chapter 1

00:14


Chapter 2
Chapter 2

06:03


Chapter 3
Chapter 3

19:36


Chapter 4
Chapter 4

19:48


Chapter 5
Chapter 5

18:17


Chapter 6
Chapter 6

19:48


Chapter 7
Chapter 7

19:37


Chapter 8
Chapter 8

19:26


Chapter 9
Chapter 9

18:48


Chapter 10
Chapter 10

19:45


Chapter 11
Chapter 11

18:33


Chapter 12
Chapter 12

13:18


Chapter 13
Chapter 13

19:59


Chapter 14
Chapter 14

19:20


Chapter 15
Chapter 15

11:25


Chapter 16
Chapter 16

10:38


Chapter 17
Chapter 17

18:30


Chapter 18
Chapter 18

18:58


Chapter 19
Chapter 19

16:26


Chapter 20
Chapter 20

15:59


Chapter 21
Chapter 21

19:34


Chapter 22
Chapter 22

18:48


Chapter 23
Chapter 23

18:35


Chapter 24
Chapter 24

14:36


Chapter 25
Chapter 25

00:46