The Corporation: The Pathological Pursuit of Profit
and Power
Joel Bakan
Free Press
228 pages
$25.00 hardcover
The
Corporation: The Pathological Pursuit of Profit
and Power by Joel Bakan, professor of law at the
University of British Columbia, is the perfect book
for those who have always felt that there is something
wrong with the way corporate America dictates, dominates
and destroys the social fabric. It is also a good
read for those who still have hopes of becoming part
of the business elite and find themselves defending
corporate practices on a routine basis. The book’s
value is that it provides a clear articulation of
some of the problems with the corporate world.
Bakan provides a refreshing and accessible approach
to a subject that can quickly become bogged down
in technical jargon. While the cover may be red,
it is not a new formulation of communism, socialism
or any other -ism that brings with it inflammatory
and unnecessary rhetoric full of nothing more than
platitudes. Bakan takes a logical and consistent
approach to his subject matter, allowing anyone who
reads the book to take many of its claims seriously.
At times the book can feel a bit choppy, as Bakan
strings together quotations and theories of many
experts in their respective fields. However, the
reliance Bakan has on other scholars, businessmen
and historians brings a legitimacy that’s necessary
in exploring such a complex and controversial subject
matter.
The book is a fairly easy read and the statistics
and logic that Bakan employs definitely keep the
reader’s interest. For those looking for a
scholarly attack on corporate America, this is probably
not for you. However, Bakan does provide an excellent
framework wherein one may explore the subject matter
in a more in-depth and critical fashion.
While Bakan’s writing style is accessible and
reader-friendly, the way that he approaches the subject
is equally satisfying. Rather than try to demonize
corporate CEOs and shareholders, Bakan seeks to expose
the inherent problems within the system. He discusses
how the corporation has come to inherit its own character
through law and social norms—a character that
is pathological and exploitative in nature.
Once he establishes the nature and character of the
modern corporation, Bakan shows how such an entity
is systematically taking away our rights, liberties
and democratic heritage. The corporation has volunteered
to make our decisions for us and in return asks nothing
more than servitude and unquestioned loyalty.
Finally, when one is ready to send all those corporate
bastards back to the hell from which they emerged,
Baken aptly points out that corporations are creatures
of our design and in the end a reflection of who
we are. Yet this bitter diagnosis comes with the
optimism that people really aren’t pathological
creatures fueled by insatiable greed. Yes, things
can—and hopefully will—change.
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