Tuesday, July 06, 2004

CAPITALISM

GNN: The Corporation
box office record-setting documentary is sweeping the country, and it’s not Fahrenheit 9/11. The Corporation, the long-awaited documentary from Jennifer Abbott, Joel Bakan and Mark Achbar recently became the highest grossing documentary in Canadian history In fact, the film is in many ways more important than F-9/11. Moore looks at the symptom; The Corporation takes on the disease.

The problems are too deep. Only structural change can bring democratic accountability to what has become the planet’s most lawless and dangerous institution.

GNN spoke with a trailblazing corporate reformer not featured in the film who has some answers on how that could happen. Author of The Divine Right of Capital, Marjorie Kelly is the founder of Business Ethics magazine and a leader in the corporate reform movement. Kelly argues that blind devotion to short-term profits for stockholders over the well-being of everyone else is equivalent to corporate feudalism. She says nothing short of a peaceful democratic revolution in American business can save global capitalism from itself:

GNN: How did you start down this path?

Kelly: When I started Business Ethics I thought that socially responsible business people changing their own companies was how we could transform capitalism. But I no longer believe that. I believe that the problems are at the systems level.



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