Monday, August 29, 2016

Quote for the Day

“The corporation's legally defined mandate is to pursue relentlessly and without exception its own economic self-interest, regardless of the harmful consequences it might cause to others.”

- Professor Joel Bakan in “Corporation: The Pathological Pursuit Of Profit And Power”

An eminent law professor and legal theorist, Bakan contends that the corporation is created by law to function much like a psychopathic personality

The above quotation is quoted in a book I am currently reading, “Supermarket Monsters: The Price of Coles and Woolworths’ Dominance” by Malcolm Knox.  

(A fascinating and disturbing book about market dominance).

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