was that rare political doc with the power to claw scales off eyes. Rather than simply asserting that big companies were destroying the world, it looked at the legal frameworks that created them and saw that, wittingly or not, the system all but guaranteed they would behave badly. It was required by law that they place profit-seeking above any social or ethical concerns.
The recap of the first film and its effects culminates around 2005, when big global brands went on a"major charm offensive" and CEOs started making declarations like"that cult of 'shareholder value' has seen its day." Boardrooms embraced notions of a"new kind of corporation" espoused by Klaus Schwab, founder of the World Economic Forum.
Abbott and Bakan see another kind of deluded hypocrisy in JPMorgan Chase CEO Jamie Dimon, who very publicly pledged vast sums to help rebuild Detroit. What he wasn't so public about, some note here, is that his company's recklessness and greed had a lot to do with wrecking the city to begin with.
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