articleSociety and Business ReviewSep 1, 2006Closed access

The Corporation. The Pathological Pursuit of Profit and Power

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Abstract

In this compelling opus on reform, driven by extensive research, authoritative anecdotes, and insider interviews, eminent law professor and legal theorist Joel Bakan points out that as a legal and economic entity, the modern corporation is essentially pathological in nature, placing the profit motive above any social value or accountability. But a change is in the wind. The recent spate of corporate scandals are causing companies to consider and put into effect a heightened social responsibility. In THE CORPORATION, Bakan backs his premise with the following claims: Corporations are required by law to elevate their own interests above those of others, making them prone to prey upon and exploit others without…

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Topics & keywords

Keywords
  • Corporation
  • Business
  • Profit (economics)
  • Power (physics)
  • Marketing
  • Finance
  • Economics
  • Neoclassical economics
UN Sustainable Development Goals
  • Peace, Justice and strong institutions
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