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Joel Bakan

The Corporation: The Pathological Pursuit of Profit and Power

4.08

In "The Corporation: The Pathological Pursuit of Profit and Power," Joel Bakan offers a provocative and insightful analysis of the modern corporation, its inner workings, and its role in society. Bakan, a law professor and legal analyst, argues that corporations, as they are currently structured and operated, are inherently sociopathic, driven by a single-minded pursuit of profit that often disregards the well-being of people, communities, and the environment. Drawing on historical and legal evidence, Bakan shows how corporations have evolved over time to become the dominant economic and political force in the world. He explains how corporations are legally bound to prioritize shareholder value above all else, a requirement that leads to a range of harmful behaviors, from environmental degradation to labor exploitation. Bakan also examines the ways in which corporations use their power and influence to shape public policy, often to their own advantage. Bakan's book is not just a critique of the corporation, but also a call to action. He argues that we need to rethink the role of corporations in our society and find ways to make them more accountable to the public interest. Bakan proposes a range of reforms, including changes to corporate law, the creation of new regulatory structures, and the promotion of alternative business models that prioritize social and environmental goals. "The Corporation" is a thought-provoking and well-researched book that challenges readers to think critically about the role of corporations in our lives. Bakan's arguments are compelling and his writing style is engaging, making the book accessible to a wide audience. While some may disagree with Bakan's conclusions, his book is an important contribution to the ongoing debate about the role of corporations in society and the need for reform...