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SOCB58H3 (23)
Lecture

Lecture 2

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Department
Sociology
Course
SOCB58H3
Professor
Emily Fountas
Semester
Winter

Description
SOCB58: LECTURE 2: JANUARY 21, 2011 Central Thesis: compare behaviour of corporation to that of a psychopath in DSM; a means to an end THE CORPORATION Common purpose: to succeed as an organization Corporate linked to agenda = corporate agenda = evil Corporation: one form of business ownership; a group of individuals that work together to achieve a common goal (to earn large growing sustained legal returns for the people who own the business) Corporations are persons without morals, concerned only for stockholders not stakeholders (community) Problem: profit motivation theres never enough rd Externality: effect of a transaction between 2 individuals, lets a 3 party deal with the problems
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