Corporate Predators: The Hunt for Mega-Profits and the Attack on Democracy (Paperback)

~ (Author), Robert Weissman (Author)

Editorial Reviews

Product Description

Of the world's biggest 100 economies, 51 are corporations, not countries. As the most powerful institution of our time, the multinational corporation dominates not only global economics, but politics and culture as well. But the mechanisms of corporate control and the details of corporate abuses have remained largely hidden from public perception-until now.

In this compelling collection of columns, investigative journalists Russell Mokhiber and Robert Weissman critique corporate power from a relentlessly human perspective. While mainstream media cheerfully laud big business's record profits, Mokhiber and Weissman ask the real questions-Where is profit coming from? When working Americans' incomes have dropped dramatically since 1980, while salaries of corporate CEOs have risen 500 percent in the same period, is the economy really booming? Whose economy is this, anyway?

From union-busting to food irradiation, from faulty air bags that kill but are left on the market anyway to judges who take bribes, from the IMF to oil companies-wherever corporate crime strikes, Mokhiber and Weissman are there, covering an amazing range of issues, to sound the alarm and call people to action.

About the Author

Russell Mokhiber is publisher of the Corporate Crime Reporter.

Robert Weissman is editor at Multinational Monitor; Russell Mokhiber is publisher of the Corporate Crime Reporter

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Product Details

• Paperback: 192 pages
• Publisher: Common Courage Press (July 1, 2002)
• Language: English
• ISBN-10: 1567511589
• ISBN-13: 978-1567511581
• Product Dimensions: 7.5 x 4.9 x 0.6 inches
• Shipping Weight: 6.7 ounces
• Average Customer Review: 3.7 out of 5 stars  See all reviews (6 customer reviews)
• Amazon.com Sales Rank: #474,571 in Books (See Bestsellers in Books)

Customer Reviews

Most Helpful Customer Reviews

28 of 31 people found the following review helpful:

4.0 out of 5 stars One-star, long-winded review misses the point, July 21, 1999

By A Customer

The one-star, long-winded review offered below by Greg Peisert almost entirely misses the point of this rich and rewarding book. Peisert's comment cites low unemployment in the United States, but ignores the atrocious condition of overseas work for American corporations and the proliferation of unlivable-wage jobs here at home. Both of these trends are well-documented in "Corporate Predators". You may also notice that Peisert's refutation of the book is based upon cases in which one corporation succumbs to another; he forgets the subject matter of the book is the treatment of workers by corporations, not the treatment of corporations by one another. As the book documents, the treatment of many workers by their employers has become simply shameful, and much of this trend is due to the rise of de facto corporate government here and world-wide. A book well worth reading, and one that's long overdue.

31 of 35 people found the following review helpful:

3.0 out of 5 stars collection of recycled newsletter columns, not a real book, May 1, 2000

By	"bobroberts" (Colorado) - See all my reviews

The text, after the three page intro by Nader, consists of 202 pages with some cartoons as well as section title pages included, followed by a ten page index that includes subjects and publications as well as names.

Mokhiber is the editor of the "Corporate Crime Reporter" and Weissman is the editor of the "Multinational Monitor." The text of the book consists of 60 articles taken from these two periodicals divided into eight sections as follows:

1. Corporate Crime and Violence

2. The Corporate Attack on Democracy

3. The Global Hunt for Mega-Profits

4. Corporation Nation

5. The Big Boys Unite: Merger Mania in the 1990's

6. Commercialism Run Amok

7. Of Sweatshops and Union Busting

8. Do I Have to Arrest You? Corporations and the Law

As a collection of news columns, the book consists of anecdotes with conclusions that tend toward hyperbole, but for the most part are accurate, if a bit emotionalized. Since each article was written for the intended audience of subscribers to the two periodicals (the date is indicated at the beginning of each), they read like they are preaching to the converted. No neoliberal will be convinced of such a statement as:

"Most corporate criminologists agree that corporate crime and violence inflicts far more damage on society than all street crime combined. That includes killings and deaths."

The authors provide no non-anecdotal evidence for what might seem an astounding statement, but I have read widely enough to know that it is essentially true, depending on how you define "corporate crime." This assertion is repeated twice elsewhere, indicating little or no editing before assembly here. A few of the articles are followed by a one or two paragraph update bearing on events that happened between original publication and the date this book went to press. There are no footnotes, and scant reference to any sources for their information. I suppose if you have access to Nexus or something similar, you could do a date-limited search (based on when the article was written) to find out more.

It would have been nice if Mokhiber and Weissman had provided an over-arching introductory essay of, say, 20 pages, giving an overview of the problems involving the ever-increasing expansion of corporate behemoths, drawing a relationship between relative power and systemic greed-driven flaunting of the law, and putting into historical context the privatization of profits and socialization of costs. It was lazy and irresponsible of them not to do this, and that is why it gets only three stars.

The book is a quick and fascinating read, but I recommend you check it out from your local library. That's what I did!

29 of 33 people found the following review helpful:

5.0 out of 5 stars INTRODUCTION by RALPH NADER, June 14, 1999

By A Customer

For the past twenty years, after a decade and a half of populist resurgence against corporate abuses by consumer, environmental, women's rights and civil rights forces, big business has been on a rampage to control our society. Whether these business supremacies are called corporatization, commercialism, monopolies or the corporate state, the overall concentration of power and wealth in ever fewer multinational corporate centers is a matter of record.

In arena after arena -- government, workplace, marketplace, media, environment, education, science, technology-- the dominant players are large corporations. What countervailing forces that our society used to depend upon for some balance are not in retreat against the aggressive expansion of corporate influence far beyond its traditional mercantile boundaries?

The enlarged power that corporations deploy to further increase their revenues and socialize their costs comes from many sources -- old and new. Roughly eighty percent of the money contributed to federal candidates come from business interests. The mobility to export capital has given transnational companies major leverage against local, state and federal officials, not to mention against organized and unorganized labor. The swell of corporate welfare handouts has reached new depths. The contrived complexity of many financial and other services serves to confuse, deplete and daunt consumers who lose significant portions of their income in a manipulative marketplace. Alliances, joint ventures and other complex collaborations between should-be competitors have made a mockery of what is left of antitrust enforcement.

The opportunities to control or defeat governmental attempts for corporate accountability that flow from transcending national jurisdictions into globalized strategies to escape taxation and pit countries and their workers against one another appear to be endless. The autocratic systems of governance called GATT and NAFTA reflect to the smallest detail ways that giant corporations wish to control the world. These firms are on a collision course against democratic processes, and the merging of states and businesses, to the latter's advantage, weakens relentlessly both the restraints of the law and the willingness of legislators to do anything about it.

Taken together, the world is witnessing its subjugation to the large corporate model of economic development, the large corporate model of technology and the large corporate model of culture itself. These accelerating trendlines invite accelerating comprehension and response. History demonstrates that commercialism knows few boundaries that are not externally imposed. All the major religions have warned their adherents against the excesses of commercial value systems, albeit with different languages, images and metaphors.

Specific descriptions of corporate misbehavior do nourish proper generalizations that in turn lead to more just movements and practices. Here, columnists Russell Mokhiber and Robert Weissman provide a distinct service in Corporate Predators. It is not just the versatility of their writings -- covering bribery, pollution, corporate crime, fraud and abuse, failure of law enforcement, union-busting, the mayhem inflicted by product defects and toxics, the deep gap between the rich and the rest of America, corporate front groups, the media censorship and self-censorship, the profiteering, the pillaging overseas and more-- but it is also the impact on the reader that comes from aggregating evidence. Our country does not collect statistics on corporate crime e way it does on street crime. For it to do so would begin to highlight a little-attended agenda for law enforcement and other corporate reforms. Neither Congress nor the White House and its Justice Department have made any moves over the years to assemble from around the country the abuses of corporations in quantifiable format so as to drive policy.

So, description -- accurate, representational description -- must now suffice. As the editor of the Corporate Crime Reporter (Mokhiber)and the editor of the Multinational Monitor (Weissman), the authors know well the difference between anecdotes that are illustrative and that are idiosyncratic. This volume of their weekly columns carries the evidence that illustrates patterns of continuing corporate derelictions, not lonely deviations from a more congenial norm.

The authors' experience over the years with the impact of disclosures has led them to the conclusion that the facts must be linked to civic engagement and democratic activity for change. If disclosure produced its own dynamic imperatives for change, the recurrent exposure of corporate abuses in such mainstream publications as the Wall Street Journal, Business Week and some national television programs like Sixty Minutes would have caused these changes. Such, unfortunately has not been the case. The linkages between knowledge and action have not been sufficient. But readers of Common Courage Press published books tend towards citizen activism. They want to know because they want to do. Some may even agree with the ancient Chinese saying that "To know and not to do is not to know."

So, go forward readers who wish to be leaders in the advancement of justice -- what Daniel Webster once called "the great work of men on Earth"-- and savor the writings that will motivate more and more women and men to band together in organizations that build a more just democracy.

Ralph Nader, 1999