As the corporation's size and power grew, so did the need to assuage people's fears of it. The corporation suffered its first full-blown legitimacy crisis in the wake of the early-twentieth-century merger movement, when, for the first time, many Americans… — Joel Bakan Copy Share Image
The corporation was originally conceived as a public institution whose purpose was to serve national interests and advance the public good. — Joel Bakan Copy Share Image
The corporation is not an independent "person" with its own rights, needs, and desires that regulators must respect. It is a state created tool… — Joel Bakan Copy Share Image
The corporation, like the psychopathic personality it resembles, is programmed to exploit others for profit. — Joel Bakan Copy Share Image
As a psychopathic creature, the corporation can neither recognize nor act upon moral reasons to refrain from harming others. — Joel Bakan Copy Share Image
“The problem with capitalism is that "we have a global theology without morality, without a Bible." And that's dangerous, he warns - "we're not… — Joel Bakan Copy Share Image
Corporations now govern society, perhaps more than governments themselves do; yet ironically, it is their very power, much of which they have gained through… — Joel Bakan Copy Share Image
The notion that business and government are and should be partners is ubiquitous, unremarkable, and repeated like a mantra by leaders in both domains.… — Joel Bakan Copy Share Image
By leveraging their freedom from the bonds of location, corporations could now dictate the economic policy of governments. — Joel Bakan Copy Share Image
Dodge v. Ford still stands for the legal principal that managers and directors have a legal duty to put the shareholders' interests above all… — Joel Bakan Copy Share Image
These are the elements of an emerging order that may prove to be as dangerous as any fundamentalism that history has produced. For in… — Joel Bakan Copy Share Image
Governments can can send inspectors to companies. Governments can put legal requirements in place to disclose information that consumers and workers and other interested… — Joel Bakan Copy Share Image
The whole difficulty I think that that we're facing now is the question of who is going to ensure that corporations are accountable. The… — Joel Bakan Copy Share Image
As the corporation's size and power grew, so did the need to assuage people's fears of it. The corporation suffered its first full-blown legitimacy… — Joel Bakan Copy Share Image
