Meet The New Corporation, same as the old corporation: searing, clever and essential

In 2004, University of British Columbia law professor Joel Bakan and director Jennifer Abbott made a film based on his book The Corporation, which warned that the profit motive was destroying workers, democracy and the planet. Sixteen years later, the only difference is the smiley face. Subprime lender JPMorgan Chase now congratulates itself for urban-renewal efforts in Detroit, while the oil industry goes greenwashing.

Review of The New Corporation: The Unfortunately Necessary Sequel

Filmmakers Joel Bakan and Jennifer Abbott deliver a blisteringly paced and sporadically fascinating documentary that boasts a number of eye-opening facts and revelations, and it’s clear, certainly, that Bakan and Abbott succeed in pointing out the problems inherent in allowing corporations to hold so much power and influence – with, for example, the growing lack of regulations and oversight on conglomerates essentially paving the way for a myriad of recent disasters (eg the 2010 Deepwater Horizon oil spill).