Rabbit Advocacy Animal Matters
THE CORPORATION - The pathological Pursuit of Profit and Power
Release date: 2003
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.
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.