When Corporations Rule the World / Edition 2by David C. Korten
Pub. Date: 05/28/2001
Publisher: Kumarian Press, Inc.
In When Corporations Rule the World, David Korten examined the devastating effects of transnational capitalism. Now, in his new book, Korten provides a detailed blueprint for a more humane, less destructive world economic system. Drawing on ecosystem models developed by today's leading biologists, he invites us to envision a world of locally rooted market economies… See more details below
In When Corporations Rule the World, David Korten examined the devastating effects of transnational capitalism. Now, in his new book, Korten provides a detailed blueprint for a more humane, less destructive world economic system. Drawing on ecosystem models developed by today's leading biologists, he invites us to envision a world of locally rooted market economies that promote political participation, nurture creativity, encourage stakeholder ownership, and defend community interests against commercial excesses.
- Kumarian Press, Inc.
- Publication date:
- Edition description:
- Second Edition
- Sales rank:
- Product dimensions:
- 6.06(w) x 8.96(h) x 1.06(d)
Table of Contents
|Prologue: A Personal Journey||1|
|1||From Hope to Crisis||17|
|2||End of the Open Frontier||25|
|3||The Growth Illusion||37|
|4||Rise of Corporate Power in America||53|
|5||Assault of the Corporate Libertarians||69|
|6||Decline of Democratic Pluralism||87|
|7||Illusions of the Cloud Minders||103|
|8||Dreaming of Global Empires||121|
|9||Building Elite Consensus||133|
|10||Buying Out Democracy||141|
|11||Marketing the World||149|
|12||Adjusting the Poor||159|
|13||Guaranteeing Corporate Rights||173|
|14||The Money Game||185|
|18||Race to the Bottom||229|
|19||The End of Inefficiency||239|
|20||People with No Place||249|
|21||The Ecological Revolution||261|
|23||An Awakened Civil Society||293|
|24||Agenda for Change||307|
|Epilogue: A Choice for Life||325|
|Appendix: The People's Earth Declaration: A Proactive Agenda for the Future||329|
|About the Author||375|
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David Korten has delivered! Korten outlines historically how global corporations have evolved into their present state of man-eating, money hungry machines. In light of the current world situation, Korten gives answers to people having doubts about the current world order. With the US industrial market and media being totally monopolized Korten gives insight and hope to those who dare to question the authority of the global corporation.
A book Review: Thumbs Up When Corporations Rule the World by David C. Korten This is a really great book! Good exposure, fabulous statistics, a real ¿must read¿ for anyone wanting the hard facts about globalization. The book is full of statistics like the following: A Nike shoe costing from $75-$ 135 actually costs Nike just $5.60 to produce. Of this entire price the 3rd world worker gets $0.15 hr. Or that the $20 million Michael Jordan received in 1992 for promoting Nike shoes exceeded the entire annual payroll of the Indonesian factories that made Nike shoes. Korten analyzes corporate history noting that Corporations became ¿legal¿ persons in 1886 when the Supreme Court so declared. This was prior to African Americans or women being legal persons! And corporations stripped individual states of their authority over them. Korten calls for us to transform the global to empower the local and calls for the people to take the corporate authority away. This sounds great! But easier said than done. Korten sounds that alarm that globalization like the WTO takes away the sovereign rights of individual nations. Along with many others he sees Corporations as ¿sitting above¿ the nation state. This is where we would disagree. While globalization is the process through which these mega corporations go around ripping off the third world¿we have yet to see corporations mounting their own military armies when they come into conflict with other corporations. We see imperialism as a world process, not just capitalism on a world scale. Imperialism is the next higher stage of capitalism. While corporations can straddle different countries¿they remain rooted in their own nation state. In fact the state is an important arena of struggle between contending national corporations¿with the state often stepping in to bail out industries, bankrupt companies etc.¿all dependent on what is in the national interests. The state is an extremely important arena in the struggle between corporations. Here battles go on over Gov. policy towards ailing industries, or bankrupt countries, over how monetary, financial and trade agreements are determined. That said, as anti-imperialists we were surprised to find only one reference to ¿imperialism¿ in the entire book¿and this was a quote by someone else.
This book is a great resource for people that are frustrated with the current state of the world economy. The author offers some viable solutions to our continuing economic crisis.
I'd really rather not rate this book. However, here's a review: I read it for my International Political Economy class for a book presentation and since I had one week to read it and was taking 3 other classes at the same time I decided to split reading the book with a classmate. I read the first 3 parts/chapters. I wanted to get a general info about the author to get an idea of how the book is going to be structured and so I have to say this I felt kinda intimidated criticizing this knowing he was a faculty at Harvard Graduate Business School. It was informative especially since he gave multiple examples of case studies to explain the effect of corporations. However the general premise of the book is around the notion that corporations is this new form of colonization that its power is exceeding any governmental influence. However, an alliance between the world’s largest corporations and the most powerful governments does exist, which only exist thanks to money and self-interest and the freedom to move money and goods anywhere in the world without governmental interference. The author claims that Corporate Globalization is the product of international decisions and policies promoted by the WTO, World Bank, and IMF. Find below a detailed summary of the first 3 chapters. My classmate talked about how the author suggested that corporations should take responsibility and does offer solutions to the problem in the other 3 chapters.