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When Corporations Rule the World Paperback – May 10, 2001

4.4 out of 5 stars 88 customer reviews

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Product Details

  • Paperback: 385 pages
  • Publisher: Kumarian Press; 2nd edition (May 10, 2001)
  • Language: English
  • ISBN-10: 1887208046
  • ISBN-13: 978-1887208048
  • Product Dimensions: 6.1 x 1.1 x 9 inches
  • Shipping Weight: 1.2 pounds
  • Average Customer Review: 4.4 out of 5 stars  See all reviews (88 customer reviews)
  • Amazon Best Sellers Rank: #234,027 in Books (See Top 100 in Books)

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Top Customer Reviews

Format: Paperback
No book or university course has provided me such a concise description with compelling examples, measures and details of the workings and history of the global economy.
The title could have been simply "Corporations Rule the World".
First and foremost, the book provides a foundation for thinking about sustainable business, ones' role in society, day-to-day habits and our collective need to create a future for our children.
Take note, however, that the book is worth a read in a very pragmatic and personal way, as a primer for investors.
I was given the book on Aug 17 '98 and finished it by the 22nd. In recent years, I had placed all of my hard earned cash, and some inheritence from hardworking grandparents -- for convenience sake -- in the hands of fund managers dealing in "blue chip" companies in the global equity markets. Understanding something from Kortens' book, and his apt description of the world now around us...I sold all of those equities and funds on the 24'th. The markets collapsed on the 25'th. I'll go back to directing my own investments with the cash I've saved -- thanks to a timely reading of Korten's informative book.
Kortens' work is as brilliant as a Hitchcock movie -- providing space for the reader to fill in the "gaps", to "get" his global picture in a personal way. Korten avoids confronting readers with the simple statement that WE ARE corporations. We ARE government and we ARE civil society -- however healthy or sick...
Having said that, Korten's book is entertaining and frightening because he is fact-based and truthful.
Unlike other Amazon.com book reviewers, I generally accept and enjoy pondering Korten's ideas.
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The fact that transnational corporations and their agendas have come to dominate cultural, political, and economic life on a global scale can hardly be disputed. These powerful corporations have used national governments and government-created international bodies to create a legislative and institutional regime that accedes to and actively promotes and implements a "free-market" ideology. This book is largely concerned with detailing the tremendous costs to the political, economic, and social fabric of the entire global community as corporations have become ever more capable under this ideological regime in extracting wealth and generating huge profits on a worldwide basis. The author sees poverty, social and political disintegration, and environmental degradation as the main consequences of this global corporate ascendance.
The ability of corporations to penetrate the political and cultural sectors of our society is hardly a late twentieth century phenomenon. Despite the founders' efforts to contain corporations by explicit and revocable state charters, emerging industrialists in the post-Civil War era became powerful enough to sway legislators and the judiciary to act in their behalf. Not only did corporations generally gain rights to perpetuity, but the Supreme Court declared corporations to be legal persons entitled to the same rights as ordinary citizens, in addition to limited liability. By the late 1920s capitalism had largely emerged triumphant over worker and community interests. Consumerism was instilled as the only legitimate avenue for realizing individualized "freedom.
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Just finished it tonight, and am overall impressed with all but the last section of the book. I came into this wanting to know why American democracy seems to be decaying at the behest of corporate greed and voter apathy, and feel this tome addresses these issues in a very well documented and reasoned way. I think it helps to state some of the various Green/economic issues that are behind the anti-globalization movements, and gives the movement a much more credible footing to use.

Oddly enough, I don't think anyone needs to be convinced that what major, multi-national corporations are doing to people and the planet are not good for the long-term viability of either. Still, Korten classifies the wrongdoings and gives them context, in a very methodical way. Sometimes it seems to drag, but that's because the problem is big and has many aspects to see before you can fully appreciate its scope.

The only place I had trouble was at the end, where the author suggests solutions to current corporate economic dominiation. The suggestion of a greater role of local economics and action makes sense to me, and probably to others. It's when he starts suggesting a life "driven not by the love of money, but by a love of life" that I start to groan. Such imprecise feel-good prescriptions (though well intended) don't really get us closer to corrective actions. To his credit, there are more concrete suggestions that we can follow (recycle/reuse, buy organic, etc), but they could be stated more coherently.

Still, this is a good primer for understanding the workings of both corporations and the IMF/World Bank in the global economy. Definitely worth the read.
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