I have a feeling I won't like this movie.
TO THE anti-globalisers, the corporation is a devilish instrument of environmental destruction, class oppression and imperial conquest. But is it also pathologically insane? That is the provocative conclusion of an award-winning documentary film, called "The Corporation", coming soon to a cinema near you. People on both sides of the globalisation debate should pay attention. Unlike much of the soggy thinking peddled by too many anti-globalisers, "The Corporation" is a surprisingly rational and coherent attack on capitalism's most important institution.
It begins with a potted history of the company's legal form in America, noting the key 19th-century legal innovation that led to treating companies as persons under law. By bestowing on them the rights and protections that people enjoy, this legal innovation gave the company the freedom to flourish. So if the corporation is a person, ask the film's three Canadian co-creators, Mark Achbar, Joel Bakan and Jennifer Abbott, what sort of person is it?
I don't believe that pursuit of profit necessarily leads to lots of bad things. Part of the problem is the pursuit of short-term profit at the expense of long-term profit. There is a big difference between maximizing shareholder wealth a decade from now and maximizing it for next quarter. I will never support the latter.