Americans have long been skeptical of corporations, and that skepticism has only grown more intense in recent years. Meanwhile, corporations continue to amass wealth and power at a dizzying rate, recklessly pursuing profit while leaving society to sort out the costs. In For Profit, law professor William Magnuson argues that the story of the corporation didn't have to come to this.
These days, both Democrats and Republicans—goaded by the controversies surrounding high tech and by other familiar objections to corporate conduct—seem to revile corporations. For Profit shows why this is so but also, more importantly, why we should appreciate corporations more than we do.
An in-depth examination ... While enlightening and captivating, it is not a quick reference. Magnuson provides plenty of history and detail for each theme and enterprise, sometimes painstakingly so ... He is able to weave each [profile] together.
Lucid, elegantly written account ... Paints colorful, sometimes inspiring narratives ... Far from an anti-corporate polemic, this is an evenhanded, richly nuanced examination of the modern economy’s central institution.