“Bakan is sharp when it comes to deception….With scalpel-like precision, [he] dissects the tools that have been designed to monitor and regulate corporate behaviour.”
Corporations and psychopaths have a lot in common. That may have crossed your mind when news of Loblaw’s huge profit and dividend boost to shareholders made news recently.
Our favourite TV shows, albums, films and arts performances that got us through 2020, our least favourite year
The Globe and Mail Arts team picks the high, low and mostly in-house culture that stood out this year. Kate Taylor cites the “fast and powerful doc,” The New Corporation.
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.
In this topnotch documentary critique of globalization, the filmmakers go to the ends of the Earth to tell their engaging story.
Do we really have to be reminded again and again about who owns the show? Who controls the society or our way of living a life? How much money we earn annually or whether our children will get good education to replace those who were prepared for a job that was never meant for ordinary people?
3.5 star review of The New Corporation for its VIFF launch.
Premiered at the Toronto film festival, The New Corporation: The Unfortunately Necessary Sequel is perfectly timed. It calls corporations out for their greed as the coronavirus pandemic exacerbates poverty and inequality.
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).
The relationship between people and corporations has continuously evolved over the years. Meanwhile, the sheer size and number of corporations have grown exponentially as well as their impact on society as a whole for better or worse.