An eminent law professor and legal theorist, Joel Bakan’s widely acclaimed new book and documentary, The Corporation: The Pathological Pursuit of Profit and Power, is a darkly amusing account of the institution’s evolution as a legal “person” whose prime directive is to produce ever-increasing profit for its shareholders without legal or moral obligation to the welfare of workers, the environment or the well-being of society as a whole. Seattle Weekly called the book, “Devastating…crystalline, cant-clearing… This is the book we’ve been waiting for.”
Bakan contends that the corporation is created by law to function much like a psychopathic personality whose destructive behavior, if left unchecked, leads to scandal and ruin, as recent Wall Street fiascos reveal. In the most revolutionary assessment of the corporation since Peter Drucker’s early works, Bakan backs his premise with meticulous research and in-depth interviews with such wide-ranging figures as CEO Hank McKinnell of Pfizer, Nobel Prize-winner Milton Friedman and critic Noam Chomsky of M.I.T.
A film version of The Corporation–released theatrically and broadcast on television throughout the world–has won over 20 international awards and is translated into over a dozen languages. The film, which was written and co-created by Bakan, has been generating popular support from street level to the boardrooms of the Corporate Social Responsibility movement. The Corporation won the Audience Award at the Sundance Film Festival and six other international audience choice awards. The New York Observer stated, “Move over Michael Moore! Securing the participation of so many kings of capitalism was one of the filmmakers’ most vital accomplishments.”
Despite the structural failings found in the corporation, Bakan believes change is possible. In a sharp, witty and optimistic presentation, he outlines a far-reaching program of concrete, pragmatic and realistic reforms through legal regulation and democratic control.
About Joel Bakan: Born in East Lansing, Michigan, Bakan is a professor of law at the University of British Columbia. He was a Rhodes Scholar and law clerk to the Chief Justice Brian Dickson of the Supreme Court of Canada, and holds law degrees from Oxford, Harvard and Dalhousie Universities. Bakan’s academic work examines the social, economic and political dimensions of law, and he has published in leading legal and social science journals as well as the popular press. His previous book, Just Words: Constitutional Rights and Social Wrongs, was widely and favorably reviewed.
The winner of numerous awards for his scholarship and teaching, Bakan has worked on landmark legal cases and government policy, and frequently serves as a media commentator. He lives in Vancouver, Canada, with his partner, Rebecca Jenkins, and their two children.
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