Topic > Villains of the World: Corporations - 2007

The rise of corporations is one of the most evil stories in modern history, a reality that today's youth must live in. Growing up in an era of Disney tales allows today's youth to see the world in two separate parts, good and evil. We grow old with the belief that there are villains and then there are heroes, who save us from danger. No matter what happened, we knew that the heroes would always win at the end of the story and the villains would always fail. Joel Bakan's 'The Corporation' can be presented, idealistically, as an incredible story of heroes and villains. However, in Bakan's version of the story, the bad guys are winning. It is clear that businesses have become a component of the current generation's daily lives. Bakan sees corporations as evil entities that have manipulated and succeeded to such an extent that they dictate most of the decisions we make in our lives. The author argues that companies are in a pathological pursuit of profit and power. View corporations as narcissistic, entitled, and selfish. Based on the definition provided by Bakan, it is clear that companies do not have moral conscience, because judgment and moral conscience are what make us human. As a result, although corporations are “persons” under the law, they are not actually living entities that can make decisions about how much profit they want, or about ways in which they can gain more control; living things dictate these decisions. Multinational corporations are just tools that the “bad guys” use to mask their evil greed, selfishness and narcissism. Bakan's argument that multinational corporations pursue a “pathological pursuit of profit and power” is a somewhat legitimate argument. Some company... middle of paper... by Adam Smith. The Worldly Philosopher: The Lives, Times, and Ideas of Great Economic Thinkers (7 ed., pp. 54-55). New York, NY: Touchstone.Heilbroner, R.L., & Milberg, W.S. (2002). Modern capitalism emerges in Europe. The Creation of Economic Society (13th ed., p. 119). Upper Saddle River, NJ: Pearson Education.MacGregor, Mary, E & Plourde, André. (1987). Regulation and deregulation of Canadian natural gas. Toronto: Political and Economic Analysis Program, Institute for Policy Analysis, University of Toronto. McNally, David. (2009). The Great Panic of 2008: Global Crisis: The Economics and Politics of Crisis and Resistance. Nova Scotia: Fernwood Publishing. Pp 14-38.Weinstein, Marc. "The industrial revolution and the impact of technology". Social, political and economic issues in Western civilization. TEL 1005, York University, Toronto. 2 December 2014. Conference.