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" "The corporation's legally defined mandates to pursue, relentlessly and without exception, its own self interest, regardless of the often harmful consequences it might cause to others. As a result, I argue, the corporation is a pathological institution, a dangerous possessor of the great power it wields over people and societies.
Joel Conrad Bakan (born 1959) is a Canadian lawyer and writer. He was educated at Simon Fraser University (BA, 1981), University of Oxford (BA in law, 1983), Dalhousie University (LLB, 1984), and Harvard Law School (LL.M. 1986). He has taught law at Osgoode Hall Law School of York University and the University of British Columbia and served as a clerk for Chief Justice Brian Dickson of the Supreme Court of Canada.
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As the corporation's size and power grew, so did the need to assuage people's fears of it. The corporation suffered its first full-blown legitimacy crisis in the wake of the early-twentieth-century merger movement, when, for the first time, many Americans realized that corporations, now turned behemoths, threatened to overwhelm their social institutions and governments.
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