The Corporation: The Pathological Pursuit of Profit and Power

The Corporation: The Pathological Pursuit of Profit and Power

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Paperback, Simon & Schuster, 2005, ISBN# 0743247469
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A heavily researched profile of the modern corporation theorizes that businesses are essentially pathological in nature and place profits above accountability, citing the flaws of such practices as deregulation and privatization while outlining a program of democratic control and social responsibility. Reprint. 20,000 first printing.

About this item

Important Made in USA Origin Disclaimer: For certain items sold by Walmart on Walmart.com, the displayed country of origin information may not be accurate or consistent with manufacturer information. For updated, accurate country of origin data, it is recommended that you rely on product packaging or manufacturer information.

A heavily researched profile of the modern corporation theorizes that businesses are essentially pathological in nature and place profits above accountability, citing the flaws of such practices as deregulation and privatization while outlining a program of democratic control and social responsibility. Reprint. 20,000 first printing.

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.
  • Specifications

    Number of Pages: 240
    Original Languages: English
    Subject: CORPORATIONS
    Author: Bakan, Joel
    Target Audience: Trade
    Publisher: Simon & Schuster
    ISBN-13: 9780743247467
    Assembled Product Dimensions (L x W x H): 5.75 x 8.50 x 0.75 Inches
    ISBN-10: 0743247469
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