Readings, Week 10

The Corporation

  • What is a corporation?
  • What is the historical background surrounding the corporation’s increased power in the 19th century?
  • In what way is the corporation a legal or juristic person?
  • According to the documentary, “The Corporation,” if the corporation is a legal person, what kind of person is it?  What proof do the filmmakers advance to support this assertion?
  • What are externalities?  In what way is the corporation an “externalizing machine”?
  • What is the primary goal of all corporations, a goal to which they are bound by law?
  • What myth of corporate ethics and practices is shattered by Interface Chairman Ray Anderson?  What is the goal of Mr. Anderson with respect to Interface’s business practices?  Is he successful in his new paradigm?
  • What is the key issue in a corporation’s decisions to abide by environmental or corruption laws or, conversely, to break the law and incur monetary penalties and fines?

Mokhiber, Russell, and Robert Weissman. Focus on The Corporation

Mokhiber, Russell, and Robert Weissman. “Corporate Black Caucus?”

Morehouse, Ward. Greening The Corporation.

Dox, Dennis. Kill The Corporation.

“Corporate Watch”

The World is a Business (a phrase from Paddy Chayefsky’s Network, 1976).  A lot of people ask me about a pictorial overview of the worldview of the course…  this is as close as it gets.

Terminology from “The Corporation”

For further explanations of assorted political economy terminology, see…

Ray Anderson, former CEO of Interface (1934-2011)


OPTIONAL: For fun , check out Chom Chom Advertising’s 30 most powerful logos of the US Economy