This is a post I wrote elsewhere, in June 2007. I am trying to work out whether the turmoil in the economic and financial markets over the last year make me want to revise my views…
“The Corporation” was a film which was turned into a book, by Joel Bakan; or maybe it was the other way around. A film described as “the thinking man’s Fahrenheit 9/11”. I’ve not seen the film; but I have read the book.
It describes how large companies – the multinationals, the global firms that are so economically active and powerful – are by their nature dysfunctional, set up to solely to meet the short term needs of shareholders by means fair and foul – the book focuses on the foul – and how, based on medical definitions, if they were people they would be defined as sociopathic.