As the corporation's size and power grew, so did the need to assuage people's fears of it. The corporation… — Joel Bakan
As the corporation's size and power grew, so did the need to assuage people's fears of it. The corporation suffered its first full-blown legitimacy crisis in the wake of the early-twentieth-century merger movement, when, for the first time, many Americans realized that corporations, now turned behemoths, threatened to overwhelm their social institutions and governments.
p. 17Source: Wikiquote · CC BY-SA 4.0
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The corporation is not an independent "person" with its own rights, needs, and desires that regulators must respect. It is a state created tool for advancing social and economic policy.
p. 158
The genius of the corporation as a business form, and the reason for its remarkable rise over the last three centuries , was - and is - its capacity to combine the capital, and thus the economic power, of unlimited numbers of people.
p. 8
The corporation was originally conceived as a public institution whose purpose was to serve national interests and advance the public good.
p. 153

