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Stakeholder capitalism: Difference between revisions
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Dangerous, even: in 2003, legal academic Joel Bakan put the argument that since a [[Legal person|corporation]]’s sole statutory motive is the short-term enrichment of its owners, it has the clinical characteristics of a ''psychopath''.<ref>Joel Bakan, ''The Corporation: The Pathological Pursuit of Profit and Power'' (2003)</ref> | Dangerous, even: in 2003, legal academic Joel Bakan put the argument that since a [[Legal person|corporation]]’s sole statutory motive is the short-term enrichment of its owners, it has the clinical characteristics of a ''psychopath''.<ref>Joel Bakan, ''The Corporation: The Pathological Pursuit of Profit and Power'' (2003)</ref> | ||
Things have only got worse since for Adam Smith’s conviction in the [[Emergence|emergent]] goodness of shareholder profit. | Things have only got worse since for Adam Smith’s conviction in the [[Emergence|emergent]] goodness of shareholder profit. Recently even inveterate TED talker {{author|Simon Sinek}} has [[The Infinite Game|joined the pile-on]]. | ||
We are cancelling and redrawing the world: let us cancel and redraw our corporate aspirations too. Shareholder capitalism is, by design, venal, selfish and riven with [[Unconscious bias|bias]]. Its stampede for profit demonstrates an abject want of care for everyone else. | We are cancelling and redrawing the world: let us cancel and redraw our corporate aspirations too. Shareholder capitalism is, by design, venal, selfish and riven with [[Unconscious bias|bias]]. Its stampede for profit demonstrates an abject want of care for everyone else. | ||
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*[[Stakeholder]] | *[[Stakeholder]] | ||
*[[Rentier]] | *[[Rentier]] | ||
*{{author|Simon Sinek}}’s {{br|The Infinite Game}} | |||
{{Ref}} | {{Ref}} | ||
<references /> | <references /> | ||