Tuesday, October 23, 2012

Exposing the Modern For-Profit Corporation

If the benefits of harming others outweigh the costs, current firms don't hesitate to harm others. Firms do not even care around the law; they bend it and break it at will as it serves their profits, with modest over a slap over a wrist for their crimes. They are amoral mavericks, the 400-pound gorillas that no one demands to try to stop simply because they're boosting the economy. The question Bakan tries to ask, however, is "At what expense?"

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The parallels in between Bakan's book and Marxism are compelling. The abuses in the company and its effect on its employees smack of Marx's argument that the problems of modern-day industrial societies bring about the estrangement or alienation of workers.

 

Bakan, Joel. The Corporation: The Pathological Pursuit of Profit and Power. New York: Free Press, 2004.

In spite of their similarities, Bakan's book and Marx's theories are not identical. Whereas Marx was strongly against capitalism, practically inside a religious sense, Bakan just isn't actually an anti-capitalist but to coin a term an anti-amoral-corporationist. What he would extremely like to determine is not a Communist society but a capitalist society in which the wrongs with the modern day business are righted and its amoral tendencies are submitted to a humane morality that accounts people as over mere corporate chattel and morality as over a thing to work around.

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