Quotes by Joel Bakan - Page 1

Goodwin has done the seemingly impossible-he has made economics comprehensible and funny.
Joel Bakan / Writer
Done
Economics
Impossible
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As institutional psychopaths, corporations are wont to remove obstacles that get into their way.
Joel Bakan / Writer
Corporations
Obstacles
Way
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The corporation, like the psychopathic personality it resembles, is programmed to exploit others for profit.
Joel Bakan / Writer
Corporations
Personality
Profit
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By leveraging their freedom from the bonds of location, corporations could now dictate the economic policy of governments.
Joel Bakan / Writer
Government
Corporations
Location
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As a psychopathic creature, the corporation can neither recognize nor act upon moral reasons to refrain from harming others.
Joel Bakan / Writer
Corporations
Moral
Reason
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The corporation was originally conceived as a public institution whose purpose was to serve national interests and advance the public good.
Joel Bakan / Writer
Corporations
Institutions
Purpose
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A century and a half after its birth, the modern business corporation, an artificial person made in the image of a human psychopath, now is seeking to remake real people in its image.
Joel Bakan / Writer
Half
People
Real
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The corporation is not an independent "person" with its own rights, needs, and desires that regulators must respect. It is a state created tool for advancing social and economic policy.
Joel Bakan / Writer
Desire
Independent
Rights
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Quotes from the Underground is a remarkable resource and must-read for writers, researchers, activists and indeed anyone who embraces progressive values and hopes to rescue politics from corporate control.
Joel Bakan / Writer
Embrace
Progressive
Resources
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Corporations now govern society, perhaps more than governments themselves do; yet ironically, it is their very power, much of which they have gained through economic globalization, that makes them vulnerable.
Joel Bakan / Writer
Government
Corporations
Economic Globalization
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The genius of the corporation as a business form, and the reason for its remarkable rise over the last three centuries , was - and is - its capacity to combine the capital, and thus the economic power, of unlimited numbers of people.
Joel Bakan / Writer
Numbers
People
Three
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The notion that business and government are and should be partners is ubiquitous, unremarkable, and repeated like a mantra by leaders in both domains. It seems a compelling and innocuous idea - until you think about what it really means.
Joel Bakan / Writer
Government
Mean
Thinking
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These are the elements of an emerging order that may prove to be as dangerous as any fundamentalism that history has produced. For in a world where anything or anyone can be owned, manipulated, and exploited for profit, everything and everyone will be.
Joel Bakan / Writer
Elements
Order
World
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Dodge v. Ford still stands for the legal principal that managers and directors have a legal duty to put the shareholders' interests above all others and no legal authority to serve any other interests - what has come to be known as "the best interests of the corporation" principal.
Joel Bakan / Writer
Corporations
Directors
Dodge
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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 realized that corporations, now turned behemoths, threatened to overwhelm their social institutions and governments.
Joel Bakan / Writer
Government
Needs
People
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Governments can can send inspectors to companies. Governments can put legal requirements in place to disclose information that consumers and workers and other interested people need. Non-governmental organizations don't have that legal power and to me, that's what imposes substantial limitiations on how far we can go with trying to keep corporations accountable though non-governmental measures.
Joel Bakan / Writer
Business
Government
Organization
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I think Google's founders are both a couple of guys with some high ideals which have been to some degree reflected in the way the company has been run in terms of its having a very good workplace and good employee programs, and now that they're going public they want in some ways to be able to ensure that that kind of approach continues. So they've effectively put in place this notion of "Don't Be Evil".
Joel Bakan / Writer
Running
Business
Couple
Thinking
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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 problem with leaving it to activists and non-governmental organizations-even with the tool of the Internet at their disposal-is that those organizations and those people don't have the legal right to compel corporations to disclose information, and that is something that governments can do.
Joel Bakan / Writer
Business
Government
Thinking
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