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

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Title: Corporate Predators: The Hunt for Mega-Profits and the Attack on Democracy
by Russell Mokhiber, Robert Weissman, Ralph Nader
ISBN: 1-56751-158-9
Publisher: LPC
Pub. Date: April, 1999
Format: Paperback
Volumes: 1
List Price(USD): $16.95
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Average Customer Rating: 3.67 (6 reviews)

Customer Reviews

Rating: 3
Summary: collection of recycled newsletter columns, not a real book
Comment: 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!

Rating: 5
Summary: Documents Need for Corporate Governance Reform
Comment: Mokhiber and Weissman provide plenty of potential fuel for the fire with their insightful discussions on corporate chartering, democracy for sale, and Constitutional abuses. Unlike many, they name names and reference credible sources. Unless the dangers of corporate dominance are addressed, we can expect books such as Corporate Predators to become very popular during the next economic downturn. Read it now and not only avoid the rush, avoid the dangers they point to so well.

Rating: 4
Summary: One-star, long-winded review misses the point
Comment: 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.

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