Question
1. Explain the title of the chapter, what does Bakan mean when he describes corporations as externalising machines? Use an example to illustrate, and comment
1. Explain the title of the chapter, what does Bakan mean when he describes corporations as externalising machines? Use an example to illustrate, and comment on whether you agree that this is an inherent characteristic of corporations. 2. With reference to Powell's chapter explain ANY ONE of the following three trends he identifies using examples. a) From Jobs to Projects b) Flattening of Hierarchies c) Cross Fertilization 3) Comment on the failure of current institutional structures to cushion and sustain this new form of capitalism. 4) Are there ways in which the trends emerging in the new form of capitalism may be able to transform corporations from the externalizing machines of the past into institutions that are capable of doing more than just making profits at the expense of people and the planet?
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