Friday 29 November 2019

Milton Friedman - The Corporation - Review


This is an extraordinary film about the creation of the American corporation, its legal organisational model, its global economic dominance and its psychopathic tendencies, and its incredible ambition to influence every aspect of culture in its unrelenting pursuit of profit.


The Corporation was spawned from Joel Balkan's in depth book, "The Corporation: A Pathological Pursuit of Profit and Power". The film and book begins in the 18th century, in the establishment of the 14th Amendment. Initially the 14th Amendment was designed after the Civil War to give ex slaves' legal rights, like any other citizen of the United States, but through a maze of legal precedents, the business corporation organisation model was now deemed a "legal person" with all the civil rights accorded to a citizen.

This highly absurd precedent has paved the way for corporations to literately get away with murder, because a "corporation" is not an individual that you can put in jail. In effect, a corporation has no moral or social obligations; their only obligation is the pursuit of profit. This film offers numerous examples of unethical practices resulting in death for many people, and because of their status under the 14th Amendment, and endless legal loopholes, have gotten away with terrible crimes against humanity and the environment with no more than a fine, a mere slap on the wrist.


As the law treats corporations as "persons", Balkan thought it appropriate to put the various behaviours of these companies under psychological examination. What this psychological study illustrated is that corporations, as "persons" behave and display the symptoms of the clinical psychopath. A psychopath typically does not have a social conscience, is guilt free after committing heinous acts, and will destroy anything or anybody that prevents them from attaining the object of their particular obsession - in this case, the relentless pursuit of profit.

This documentary took several years to produce with over 650 hours of footage, director(s), Jennifer Abbot and Mark Achbar, had to chisel down this amazing amount of material into a comprehensible film. What is most astounding is the range of people interviewed for this film, that argue from all sides of the "corporation issue": Ira Jackson, Ray Anderson - CEO of Interface, the world's largest carpet manufacturer; Noam Chomsky, Richard Grossman, Howard Zinn, Michael Moore, Milton Friedman - Noble Prize winning economist; Jeremy Rifkin - President, Foundation of Economic Trends; Dr. Robert Hare - Consultant to the FBI on psychopaths, and many more individuals from all sides of the debate.

After viewing this film, it becomes all too evident that these large corporations have too much power, whose mandate is not the common good of the people, and who will go to any lengths, legally and otherwise, in the pursuit of profit and the bottom line.


I believe this is one of the best and most important documentary films to be made in many years.



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