Alternatives to Psychopatic Organizations

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The corporation is a popular legal form but its disadvantages seem to outweigh its advantages. It may even be compared to a psychopath. How come? And perhaps more importantly, are there other legal structures that are superior? And what should be the role of the government in improving the effectiveness of organizational forms? David Creelman discusses some new literature on these issues and suggests a way forward.

The book and film, The Corporation by Joel Bakan asks, "If the corporation were a person, what kind of person would it be?" This question is not mere fancy for the corporation is a person in law with the same rights as a living man or woman. Bakan answers the question in no uncertain terms, the corporation is a psychopath, singularly self-interested, irresponsible, grandiose...

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