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Essay / The World's Villains: Corporations - 2007
The rise of corporations is one of the most evil stories in modern history, a reality that today's youth must live with. Growing up in the era of Disney stories allows today's young people to see the world in two distinct 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. “The Corporation” by Joel Bakan can be presented, idealistically, as an incredible story of heroes and villains. However, in Bakan's version, the bad guys are conquering. It is evident that businesses have become an essential part of the daily lives of today's generation. Bakan views corporations as evil entities that have manipulated and succeeded to such an extent that they dictate the majority of decisions we make in our lives. The author argues that corporations are engaged in a “pathological quest for profit and power.” He views corporations as narcissistic, entitled and selfish. Based on the definition provided by Bakan, it is clear that corporations have no moral conscience, because moral judgment and conscience are what make us human. As a result, even though corporations are "persons" within the meaning of the law, they are not actually living entities capable of making decisions about the amount of profits they want or the means by which they can obtain more control; living entities dictate these decisions. Corporations are just instruments that the “bad guys” use to mask their greed, selfishness and narcissism. Bakan's argument that corporations pursue a "pathological quest for profit and power" is a somewhat legitimate argument. A company... in the middle of paper... by Adam Smith. The World Philosopher: The Life, Times, and Ideas of the Great Economic Thinkers (7 ed., pp. 54-55). New York, NY: Touchstone. Heilbroner, RL and Milberg, WS (2002). Modern capitalism emerges in Europe. The Creation of Economic Society (13th ed., p. 119). Upper Saddle River, NJ: Pearson Education. MacGregor, Mary, E and 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: The Global Crisis: The Economics and Politics of Crisis and Resistance. Nova Scotia: Fernwood Publishing. 14-38. Weinstein, Marc. “The Industrial Revolution and the Impact of Technology.” Social, political, and economic themes in Western civilization. TEL 1005, York University, Toronto. December 2, 2014. Conference.