(PDF/EPUB) [The Corporation The Pathological Pursuit of Profit and Power] ✓ Joel Bakan

Joel Bakan ´ 3 free download

The Corporation The Pathological Pursuit of Profit and Power

review The Corporation The Pathological Pursuit of Profit and Power 103 Despite its flawed character from legal constraints through deregulation and granted it ever greater authority over society through privatizationBut Bakan believes change is possible and he outlines a far reaching program of achievable reforms through legal regulation and democratic controlFeaturing 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 ali. Although this book and corresponding documentary was released back in 2004 it obviously is still massively relevant given the credit crunch and banking collapses of Bear Sterns Lehman Bros and RBS last year caused by putting corporate profit before all elseA corporation has only one goal to make a profit for its shareholders Corporations using shareholders money for any other reason is actually against the law Companies who apparently are doing business for the benefit of others the 3rd world the environment are only doing so because it makes the company a profit It is a corporation s LEGAL reuirement to stop such activities when they start to become unprofitable Think about that the next time you see an advert for Exxon Mobile and their algae or free drug donations by Pfizer to the 3rd worldLegally a corporation is treated as an individual which came about when trying to protect the shareholders from liability However this affords high ranking members of corporation s massive protection when it comes to legal disputes as their decisions were taken with the profitability of the corporation in mind And because a corporation s only legal reuirement is to make money those members of the board had no choice And who can be to blame when a company s actions causes untold harmCorporations are massively under regulated and the beginnings of corporations running public utilities such as water gas electricity is a frightening turn to take given how little control governments have over them It ironic that Corporations are legal a person because according to psychological definitions their behaviour self centred self obsessed narcissistic and pathological would be considered psychopathicIt s a powerful frightening book

characters The Corporation The Pathological Pursuit of Profit and Power

review The Corporation The Pathological Pursuit of Profit and Power 103 Nd societiesIn 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 conseuences 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. Corporations 101 in the end the Frankenstein esue Corporation is still a legal entity created and maintained by lawsThe Good The documentary version has been my accessible yet critical intro for unpacking modern capitalism esp to watch in a group I decided to review the book version for details and a different pacepresentation style Ch1 The Corporation s Rise to Dominance Most people are uncomfortable with corporations but cannot imagine alternatives So let us start by examining how we got here to see the struggles and opportunities As the author is a law professor this first chapter sets the stage the history of the corporation focusing on the large Anglo American publicly traded business that now dominates the modern economy 1 Emerging in the late 16th century joint stock companies drew concerns over Ponzi scheme speculation Classical economists worried about the separation of management directors managers from ownership shareholders which differed from business partnerships where few wealthy owners pool resources and also manage 2 Joint stock companies gained acceptance from being able to pool the resources reuired for increasingly large scale projects during steam powered industrialization Eager to read Fossil Capital The Rise of Steam Power and the Roots of Global Warming3 19th century US railway construction by the robber barons established a national market for company securities that included middle class investors 4 Mid 19th century saw enactment of Limited Liability to protect investors from the risk of company debt However publicly traded corporations were still rare5 1890s saw a drastic transformation New Jersey and Delaware changed state laws to attract corporations Corporations no longer needed narrowly defined purposes limited duration operate in particular locations controls on mergersacuisitions6 End of 19th century with growing diluted shareholders corporations were granted the status of legal personhood 1886 Supreme Court ruling confirmed 14th Amendment rights for corporations7 Early 20th century mergers led to a public legitimacy crisis The corporate response was public relations to create the image of corporate human values Similarly the Great Depression prompted the image of corporate responsibility 8 The 1973 OPEC oil shock and stagflation led to the response of neoliberalism laws GATT WTO and technology transportation communication allowed corporate globalization to smash domestic labor Note technology is not neutral in its application America by Design Science Technology and the Rise of Corporate Capitalism Note connecting neoliberalism with Wall Street financialization and the collapse of Third World industrialization is crucial The Global Minotaur America the True Origins of the Financial Crisis and the Future of the World Economy The Darker Nations A People s History of the Third World Ch2 Business as Usual Useful examples of the conseuences of the corporate bottom line the best interest of the corporation principle where the shareholders are legally entitled to have their corporation run on maximizing profits above all else psychopathic self interest Thus Enron s Ponzi scheme is hardly the exception Also unpacking corporate philanthropy ex Pfizer the use of compartmentalization by human participants etc Ch3 The Externalizing Machine You cannot comprehend the totality of capitalism without understanding cost cutting externalities from polluting the environment to unpaid reproductive labor to exploiting the cheapest labor globally to the social costs of insecure and inadeuate labor markets Capitalism is run on profit Thus to survive and succeed you must cut costs The neoclassical propagandized assumption is progressive innovations in technology and organization cut costs However in the real world it is often easiest to simply move the costs off your plate to make it external Given the power imbalance regulators and consumers will always be many steps behind in catching these hidden costs let alone addressing them Given the corporation s legal mandate to profit they are compelled to break regulatory laws because it is often cost effective the profits outweigh the risk of trivial fines For capitalism s assault on the planet see Facing the Anthropocene Fossil Capitalism and the Crisis of the Earth System Further corporations can collect extensive criminal records without scrutiny while shareholders and managers are protected from legal liability Ch4 Democracy Ltd One dollar one vote is not one person one vote and will silently suffocate the latter with liberal privatization or during crises smash the latter with fascism Thus we read about capitalism s connections with fascism from doing business with fascists to America s very own fascist corporate coup plot against FDR Business Plot Not detailed here but fascism is the attempt by State Capitalism to blame its own socioeconomic contradictions onto vulnerable groups Blackshirts and Reds Rational Fascism and the Overthrow of Communism And the Weak Suffer What They Must Europe s Crisis and America s Economic Future Discourse on Colonialism Ch5 Corporations Unlimited the spread of corporate psychopathy via privatization and marketing Ch6 Reckoning protests against the corporate takeover The State has not lost power the power has been redistributed to favor corporations Since the State still grants the following to corporations they can be challengedrevoked 1 Legal personhood2 Limited Liability3 Legal mandate for profit4 Protection property rightsThe Missing The author makes it clear that non Government reforms are often a gift for corporations as they are non binding by law thus the enforcement is even weaker than legal regulations While the author does not say it a Marxist proletariat takeover of the State is an obvious theoretical route Follow up topics not discussed1 Economic Rent bankers with usurious debtinterest payments landlords with land rents monopolists with extortionary fees this was the rentier feudalism that Classical economists wanted to free the market from The vested interests reversed this with Neoclassical economics which avoids economic rent See Killing the Host How Financial Parasites and Debt Bondage Destroy the Global Economy 2 Finance the ultimate economic rent seekers capitalism s profit accumulation has reuired many adaptations in investment and debt So what does it mean for most of banking to be private for profit The Public Bank Solution From Austerity to Prosperity Where Does Money Come From A Guide To The Uk Monetary And Banking System3 Economic democracy even when workers take control of the State how does the proletariat State wither away We need to talk about worker co operatives owned and operated to re envision the labor market automation and democracy at the workplace 4 Global division of labor Imperialism this book focuses on the Anglo American sphere as the history of the corporation details Much can be written about the pillaging and rent seeking of global division of labor China plays a curious role in its State planning and control over its own Finance while being a crucial part in global capitalism How does the rest of the world envision the future The Poorer Nations A Possible History of the Global South

characters ↠ eBook or Kindle ePUB ´ Joel Bakan

review The Corporation The Pathological Pursuit of Profit and Power 103 The inspiration for the film that won the 2004 Sundance Film Festival Audience Award for Best Documentary The Corporation contends that the corporation is created by law to function much like a psychopathic personality whose destructive behavior if unchecked leads to scandal and ruinOver 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 a. One of Cambridge Sustainability s Top 50 Books for Sustainability as voted for by our alumni network of over 3000 senior leaders from around the world To find out click hereThe Corporation begins by reminding us that originally corporations meaning large Anglo American publicly traded businesses were established with the explicit purpose of serving the public good enshrined in a charter with liable shareholders Today however corporations have a legal obligation to pursue profits above all else which becomes a pathological ie valueless mission that overrides the values of the individual executives working for corporations or the values of societyBakan explains that the nature of the corporation changed when the US Supreme Court ruled that a corporation should have the same rights as individuals thus making it a legal person However it is a person with no moral conscience and an exclusive focus on the benefits of shareholders This results in a pattern of social costs imposed by bsuiness in exchange for private gains for its executives and owners


10 thoughts on “(PDF/EPUB) [The Corporation The Pathological Pursuit of Profit and Power] ✓ Joel Bakan

  1. says: characters The Corporation The Pathological Pursuit of Profit and Power (PDF/EPUB) [The Corporation The Pathological Pursuit of Profit and Power] ✓ Joel Bakan Joel Bakan ´ 3 free download

    characters The Corporation The Pathological Pursuit of Profit and Power (PDF/EPUB) [The Corporation The Pathological Pursuit of Profit and Power] ✓ Joel Bakan Joel Bakan ´ 3 free download It is no secret that nearly all human societies including our present societies favor the rich and powerful at the expense of everyone elseThe dominant institution for implementing this type of exploitation today is the corporation Corporations get politicians elected take over our minds with advertising dump pollution into our environment and routinely commit crime upon crimeThe basic Premise of this book is fairly simple Corpora

  2. says: characters The Corporation The Pathological Pursuit of Profit and Power Joel Bakan ´ 3 free download characters ↠ eBook or Kindle ePUB ´ Joel Bakan

    characters The Corporation The Pathological Pursuit of Profit and Power Joel Bakan ´ 3 free download (PDF/EPUB) [The Corporation The Pathological Pursuit of Profit and Power] ✓ Joel Bakan Psychopathic This book despite being a decade old now is still utterly damming in its analysis of the ruling institutions that dominate our society The fact that when Bakan and others note of how in history corporations have flirted with authoritarian regimes is especially chilling especially the Plot to overthrow Roosevelt with a fascist dictator given today's political climate in AmericaI worry immensely for our species sometimesThis book

  3. says: characters The Corporation The Pathological Pursuit of Profit and Power characters ↠ eBook or Kindle ePUB ´ Joel Bakan Joel Bakan ´ 3 free download

    (PDF/EPUB) [The Corporation The Pathological Pursuit of Profit and Power] ✓ Joel Bakan characters The Corporation The Pathological Pursuit of Profit and Power One of Cambridge Sustainability's Top 50 Books for Sustainability as voted for by our alumni network of over 3000 senior leaders from around the world To find out click hereThe Corporation begins by reminding us that originally corporations meaning large Anglo American publicly traded businesses were established with the explicit purpose of serving the public good enshrined in a charter with liable shareholders Today however corp

  4. says: (PDF/EPUB) [The Corporation The Pathological Pursuit of Profit and Power] ✓ Joel Bakan

    (PDF/EPUB) [The Corporation The Pathological Pursuit of Profit and Power] ✓ Joel Bakan A striking and unhinging social commentary on the ruthless person legally that is the modern day corporation this book looks at the

  5. says: characters ↠ eBook or Kindle ePUB ´ Joel Bakan Joel Bakan ´ 3 free download (PDF/EPUB) [The Corporation The Pathological Pursuit of Profit and Power] ✓ Joel Bakan

    characters The Corporation The Pathological Pursuit of Profit and Power (PDF/EPUB) [The Corporation The Pathological Pursuit of Profit and Power] ✓ Joel Bakan Joel Bakan ´ 3 free download Corporations 101 in the end the Frankenstein esue Corporation is still a legal entity created and maintained by

  6. says: (PDF/EPUB) [The Corporation The Pathological Pursuit of Profit and Power] ✓ Joel Bakan

    characters ↠ eBook or Kindle ePUB ´ Joel Bakan Joel Bakan ´ 3 free download (PDF/EPUB) [The Corporation The Pathological Pursuit of Profit and Power] ✓ Joel Bakan This is the companion book to the excellent documentary called unsurprisingly The Corporation The documentary to be honest is fun and has a attuned sense of humor which is refreshing The book tends to be a little drier and feels rushed at times as if Bakan is trying to get the point across as uickly as possible and with as little d

  7. says: (PDF/EPUB) [The Corporation The Pathological Pursuit of Profit and Power] ✓ Joel Bakan

    characters The Corporation The Pathological Pursuit of Profit and Power (PDF/EPUB) [The Corporation The Pathological Pursuit of Profit and Power] ✓ Joel Bakan Joel Bakan ´ 3 free download Although this book and corresponding documentary was released back in 2004 it obviously is still massively relevant given the credit crunch and banking collapses of Bear Sterns Lehman Bros and RBS last year caused by putting corporate profit before all elseA corporation has only one goal – to make a profit for its shareholders Co

  8. says: (PDF/EPUB) [The Corporation The Pathological Pursuit of Profit and Power] ✓ Joel Bakan characters The Corporation The Pathological Pursuit of Profit and Power

    (PDF/EPUB) [The Corporation The Pathological Pursuit of Profit and Power] ✓ Joel Bakan This book is one of my favorites I've owned for it only a month and yet it is notationed and dog earred and full of smudge prints from where I pointed to particular paragraphs and said Yes just like thatI'd like to buy a copy of this book for every friend family member and neighbor who listens to our town council meetings on our one radio station when a foreign mining company comes to town to make assurances that they should ign

  9. says: characters ↠ eBook or Kindle ePUB ´ Joel Bakan (PDF/EPUB) [The Corporation The Pathological Pursuit of Profit and Power] ✓ Joel Bakan Joel Bakan ´ 3 free download

    (PDF/EPUB) [The Corporation The Pathological Pursuit of Profit and Power] ✓ Joel Bakan A critical examination of the nature of the modern corporation2 February 2013 I guess I discovered this book after watching the documentary movie of the same name though I suspect that the book was based upon the movie normally such

  10. says: (PDF/EPUB) [The Corporation The Pathological Pursuit of Profit and Power] ✓ Joel Bakan

    (PDF/EPUB) [The Corporation The Pathological Pursuit of Profit and Power] ✓ Joel Bakan Corporations have psychopathic personalities That part was hilarious and insightful at the same time This is a brisk read and absolutely essent

Leave a Reply

Your email address will not be published. Required fields are marked *