As a psychopathic creature, the corporation can neither recognize nor act upon moral reasons to refrain from harming others.
Joel BakanGoodwin has done the seemingly impossible-he has made economics comprehensible and funny.
Joel BakanDodge 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 BakanThe 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 BakanThe corporation, like the psychopathic personality it resembles, is programmed to exploit others for profit.
Joel BakanThe 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