The Corporation: The Pathological Pursuit of Profit and Power
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- Synopsis
- 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.
- Copyright:
- 2004
Book Details
- Book Quality:
- Excellent
- Book Size:
- 232 Pages
- ISBN-13:
- 9780743247443
- Publisher:
- Simon & Schuster, Inc.
- Date of Addition:
- 09/24/04
- Copyrighted By:
- Joel Bakan
- Adult content:
- No
- Language:
- English
- Has Image Descriptions:
- No
- Categories:
- Nonfiction, Business and Finance
- Submitted By:
- Deborah Murray
- Proofread By:
- Deborah Murray
- Usage Restrictions:
- This is a copyrighted book.