Joel In the Media

McKinsey’s role in opioid scandal happened under a boss who led the charge for stakeholder capitalism. Now he’s our ambassador to China

McKinsey & Company, an elite global consulting firm, recently agreed to pay $573 million (U.S.) to settle investigations into the role it played in “turbocharging” opioid sales. Any corner drug dealer will tell you that getting people hooked on drugs boosts sales and profits.

Boeing 737 Max crashes were not isolated events. They’re the result of deregulation

Corporate disasters connected to deregulation and undue reliance on self-regulation are depressingly frequent

If the good-cause capitalism of the ‘benefit corporation’ sounds too good to be true, that’s because it is

Canada’s top pension funds recently called for stronger disclosure from corporations about their performance on environmental, social and governance issues (ESG). The call is part of a larger push by business groups towards “stakeholder capitalism,” a term coined by economist Klaus Schwab to describe a system where corporations respect and promote the interests of all whom their actions affect.

Threat of U.S. election chaos a terrifying reminder Big Tech should not be entrusted to uphold democracy

The U.S. government’s lawsuit against Google LLC for allegedly cajoling browser makers, wireless carriers and smartphone makers to promote its search engine is the biggest antitrust case in decades. Yet Alphabet Inc.’s stock price was up on news of the lawsuit, hardly an indication of investor worry. Investors know that even if Google loses the case, it will suffer little.

‘New’ corporations are up to the same old tricks

Businesses may purport to care about social and environmental values. But they don’t want to pay taxes to protect and promote those values.

Russell Brand Interviews Joel in Beneath the Skin Podcast

Joel talks to Russell about what really happens at Davos and the true intentions of big business and CEOs. They discuss how power has shifted from government to corporations as they try to take over every aspect of our lives. What does this mean for democracy? How much power are we willing to give over to these companies? And are they really trying to do “good” or is just a facade to yield more control and ultimately…profit?

Capture Queue Interview with Joel

In the season finale of the Capture Queue podcast, Joel and Tracy discuss both his book and his recent documentary, The New Corporation, which he made alongside director Jennifer Abbott. Bakan explains why the duo believed a sequel was necessary all these years later, how Corporate Social Responsibility isn’t quite what it seems, and much, much more.

If the good-cause capitalism of the ‘benefit corporation’ sounds too good to be true, that’s because it is

Canada’s top pension funds recently called for stronger disclosure from corporations about their performance on environmental, social and governance issues (ESG). The call is part of a larger push by business groups towards “stakeholder capitalism,” a term coined by economist Klaus Schwab to describe a system where corporations respect and promote the interests of all whom their actions affect.

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.