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THE NEW CORPORATION

HOW "GOOD" CORPORATIONS ARE BAD FOR DEMOCRACY

A rigorously argued manifesto against corporate capitalism, even with its supposedly friendly face.

A gimlet-eyed critique of the notion of the “socially responsible” corporation.

In April 2019, recounts University of British Columbia law professor Bakan, JP Morgan Chase CEO Jamie Dimon led a drive with 200-odd other CEOs to declare that corporations were committed not to maximizing returns for their shareholders, but also to serving “workers, communities, and the environment.” It was an unexpected repudiation of the dog-eat-dog capitalist ethic. As the author argues, it is also misplaced; even with this declaration, born of Davos conferences and economic think tanks, the corporation really hasn’t changed, “at least not fundamentally.” Bakan views the “psychopathic institution” with jaundiced disdain, and clearly he does not trust the Dimon declaration. Instead, he expects, the corporation will simply take the occasion of being seen for once as good guys to “cajole governments to free them from the regulations designed to protect public interests and citizens’ well-being,” pushing for further deregulation and privatization. “Visit the website of any major corporation and you’ll wonder whether you’ve accidentally clicked on that of an NGO or activist group,” writes the author—but then read between the lines. Quoting Joseph Stiglitz, Bakan predicts that the drive to deregulate and allow corporations to self-regulate is a recipe for further financial crises, and the supposed transformation of the corporation into a “caring, publicly minded” entity is a false front that disguises the voracious wish of the corporation to take control of every aspect of the economy. This includes the public sector and such services as delivering drinking water to municipalities, which leads to disasters like Flint. Writing clearly and with minimal pleading to economic authority, the author closes by invoking the lessons of the pandemic, which tells us that corporate values are not those of ordinary people: “Unbridled self-interest, individualism, competition, and commoditization cannot be the values that guide us.”

A rigorously argued manifesto against corporate capitalism, even with its supposedly friendly face.

Pub Date: Sept. 8, 2020

ISBN: 978-1-9848-9972-9

Page Count: 240

Publisher: Vintage

Review Posted Online: July 6, 2020

Kirkus Reviews Issue: Aug. 1, 2020

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THINKING, FAST AND SLOW

Striking research showing the immense complexity of ordinary thought and revealing the identities of the gatekeepers in our...

A psychologist and Nobel Prize winner summarizes and synthesizes the recent decades of research on intuition and systematic thinking.

The author of several scholarly texts, Kahneman (Emeritus Psychology and Public Affairs/Princeton Univ.) now offers general readers not just the findings of psychological research but also a better understanding of how research questions arise and how scholars systematically frame and answer them. He begins with the distinction between System 1 and System 2 mental operations, the former referring to quick, automatic thought, the latter to more effortful, overt thinking. We rely heavily, writes, on System 1, resorting to the higher-energy System 2 only when we need or want to. Kahneman continually refers to System 2 as “lazy”: We don’t want to think rigorously about something. The author then explores the nuances of our two-system minds, showing how they perform in various situations. Psychological experiments have repeatedly revealed that our intuitions are generally wrong, that our assessments are based on biases and that our System 1 hates doubt and despises ambiguity. Kahneman largely avoids jargon; when he does use some (“heuristics,” for example), he argues that such terms really ought to join our everyday vocabulary. He reviews many fundamental concepts in psychology and statistics (regression to the mean, the narrative fallacy, the optimistic bias), showing how they relate to his overall concerns about how we think and why we make the decisions that we do. Some of the later chapters (dealing with risk-taking and statistics and probabilities) are denser than others (some readers may resent such demands on System 2!), but the passages that deal with the economic and political implications of the research are gripping.

Striking research showing the immense complexity of ordinary thought and revealing the identities of the gatekeepers in our minds.

Pub Date: Nov. 1, 2011

ISBN: 978-0-374-27563-1

Page Count: 512

Publisher: Farrar, Straus and Giroux

Review Posted Online: Sept. 3, 2011

Kirkus Reviews Issue: Sept. 15, 2011

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BEYOND THE GENDER BINARY

From the Pocket Change Collective series

A fierce, penetrating, and empowering call for change.

Artist and activist Vaid-Menon demonstrates how the normativity of the gender binary represses creativity and inflicts physical and emotional violence.

The author, whose parents emigrated from India, writes about how enforcement of the gender binary begins before birth and affects people in all stages of life, with people of color being especially vulnerable due to Western conceptions of gender as binary. Gender assignments create a narrative for how a person should behave, what they are allowed to like or wear, and how they express themself. Punishment of nonconformity leads to an inseparable link between gender and shame. Vaid-Menon challenges familiar arguments against gender nonconformity, breaking them down into four categories—dismissal, inconvenience, biology, and the slippery slope (fear of the consequences of acceptance). Headers in bold font create an accessible navigation experience from one analysis to the next. The prose maintains a conversational tone that feels as intimate and vulnerable as talking with a best friend. At the same time, the author's turns of phrase in moments of deep insight ring with precision and poetry. In one reflection, they write, “the most lethal part of the human body is not the fist; it is the eye. What people see and how people see it has everything to do with power.” While this short essay speaks honestly of pain and injustice, it concludes with encouragement and an invitation into a future that celebrates transformation.

A fierce, penetrating, and empowering call for change. (writing prompt) (Nonfiction. 14-adult)

Pub Date: June 2, 2020

ISBN: 978-0-593-09465-5

Page Count: 64

Publisher: Penguin Workshop

Review Posted Online: March 14, 2020

Kirkus Reviews Issue: April 1, 2020

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