The Corporation
The Pathological Pursuit of Profit and Power
- Publisher
- Post Hypnotic Press
- Initial publish date
- Jan 2017
- Category
- General
-
Audio disc
- ISBN
- 9781927401200
- Publish Date
- Jan 2017
- List Price
- $26.00
-
CD-Audio
- ISBN
- 9781927401187
- Publish Date
- Jan 2017
- List Price
- $50.00
-
Downloadable audio file
- ISBN
- 9781927401217
- Publish Date
- Jan 2017
- List Price
- $20.00
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Description
Joel Bakan, an eminent law professor and legal theorist, 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. Mandated to pursue, relentlessly and without exception, their 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.
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.
About the authors
Joel Bakan is a professor of law at the University of British Columbia.
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