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Analysis and own opinion on:Chapter 3 “The Externalizing Machine” of “The Corporation, the pathological pursuit of profit and power” by Joel Bakan
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Analysis and own opinion on: Chapter 3 "The Externalizing Machine" of "The Corporation, the pathological pursuit of profit and power" by Joel Bakan Sociology 1010 February 21, 2006 In todays mostly capitalistic world people who are consumers think that they have power to decide what products to purchase; people who are stockholders are only interested in the profit; people who run corporations make that profit regardless of the price others have to pay; and people who live in developing countries work for 3c per hour making brand name cloths which then are sold for $20, $60, $100, $200, $500, making at the same time the corporation's profit skyrocketing. It is widely known that there are sweatshops in developing countries, where people are treated like slaves but practically they are not slaves because they always can walk off the job. It is known that in such...
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