Review of the book "The Corporation: The Pathological Pursuit of Profit and Power" by Joel Bakan
By Mitchell Szczepanczyk at Dec 18, 2006 |
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(Please note that this review is about the book The Corporation, the companion to the film of the same name, and not the fiim itself.) I find myself with mixed feelings about The Corporation: the book by Joel Bakan. On the one hand, I rank the book as one of the most readable and useful books-with-an-activist-slant in recent years. Bakan assembles a compelling, irrefutable case (Bakan's a professor of law at the University of British Columbia). His description of the modern-day limited liability corporation -- its history, its legal and political framework, its impacts on the world and on living human beings -- is clear and inviting to read and an inspiration for action, which itself is no small task. I imagine the book will be, and has already been, a tremendous asset for educational and activist efforts against giant corporations. At the same time, I can't help but think that this book also evokes (and I hate to use the word) -- feelings of frustration. Bakan makes abundantly clear that the corporation is a legal equivalent of an all-for-me-else-be-damned psychopath. But I would go on to complain that the book says almost nothing about the extralegal and extrapolitical context -- particularly the competitive market context -- in which it's advantageous to have corporations in the first place. Now, granted, Bakan was looking at the corporation through a politics-oriented perspective, and given his background and expertise this is totally understandable. Indeed, it's necessary to do so since the corporation is very much an institution which relies on, and which seriously impacts, the political sphere in current life. I should say that Bakan does mention, and describe at great length, some institutions like the state which helps grant The Corporation some of its key powers. But, I can imagine Bakan argue in response, it's correct to say that there's more than just the political and legal spheres involved with corporations. But "The Corporation" isn't a systematic analysis of all the dimensions affecting and affected by corporations. To do that would far outstrip the mere 228 pages allotted to the paperback version of the book, and require a LOT more detail -- maybe even its own academic field of study ("critical corporate studies"?). I myself would argue that since corporations are money-making machines, I think it's also necessary to discuss the market context in which corporations survive and thrive. And Bakan would probably agree. But that's the topic of another blog post, perhaps another book or encyclopedia entirely. (I would go so far as to say that corporations and their success in market contexts are the biggest reason why markets should be abolished in favor of something else -- like, oh, I don't know, participatory economics -- and why there's an alliance just begging to be made between participatory economics advocates and the assortment of anti-corporate campaigns. But that's a blog post for later.) Again, trying to put myself in Joel Bakan's shoes, I suppose the hardest part involved with writing The Corporation is, how do you keep things from exploding. Not because you can't write enough, but how do you keep from writing too much. I suppose in that sense, Joel Bakan hasn't fininshed a book but rather started a serious conversation -- an act which we should all be grateful for.



"The Corporation"
By Office, Home at Feb 16, 2007 14:57 PM
"Bakan's "The Corporation" is one of those rare books that opens up a new world. It's message is compelling-- and more important now than ever. With exquisite historical evocations and incisive contemporary examples, the author challenges us to recognize the flaws inherent in the very nature of the corporation and the practical possibilities for reform. You will want to have the book at hand for frequent reference for many years to come."
-- Robert Monks
So true.
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Frustration
By Russell, Mariam at Dec 20, 2006 12:26 PM
That this is a frustrating society to live in is a given, unless you are able to just refuse to know, like so many people I know.
To project this frustration onto someone who has written or otherwise informed you about one of the basic causes of the frustration is whiny to say the least.
Thanks, Paul, you just put more books on my already huge list. I will be broke and overloaded when I return in Feb, after visiting in Florida for a while. Hope the Homeland security clowns do not develope a dislike of bound paper.
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Don´t hold your breath!
By Russell, Mariam at Dec 20, 2006 12:13 PM
Since those corporate ¨persons¨bought the congress clowns we would have to depend on to change this, both at the national and state level, it seems a very long shot.
Perhaps we need to try and exclude these corporations from our lives as much as possible by building parallel institutions. There is a touch of this in Hugo Chavez´s Venezuela, and the writings of Daniel Quinn, neither of which I know enough about to do more than mention.
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"Breach of Fiduciary Duty'...
By Kissenger, Clark at Dec 19, 2006 20:03 PM
the Crime of the 21st Century.
Eliminate Corporate Person Hood and solve most of our social problems.
This is the issue of our generation.
Corporations are in reality government sanctioned criminal enterprises.
Suits acting like the Mafia, only using lawyers and the law to do the stealing and the killing.
Money talks and bullshit walks.
In America it is money with the loudest voice and most rights.
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Own the frustration and see the movie
By Kissenger, Clark at Dec 19, 2006 17:08 PM
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CORPORATIONS
By Russell, Mariam at Dec 19, 2006 08:40 AM
Corporations were used on a limited time basis to get money and momentum to build big projects like hospitals, if I remember correctly. Then the horrible corp that controlled and looted India, The East India Company. But it was we in the good ole USA who told these groups that they have the rights, without the responsibilities of citizens.
CORPORATIONS ARE NOT PEOPLE!!!!!!!!!
THE PEOPLE RUNNING AND PROFITING FROM CORPORATIONS NEED TO BE RESPONSIBLE FOR THE ACTIONS OF SAID CORPORATIONS, EXACTLY LIKE ANYONE WHO IS IRRESPONSIBLE AND CAUSES HARM.
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Indeed...
By Kissenger, Clark at Dec 19, 2006 08:11 AM
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