“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.” PeopleNeedsFirstsGovernmentSocialCenturyMovementGrewFirst TimeCrisisInstitutionsSizeCorporationsThreatenedTwentieth CenturyLegitimacySocial InstitutionsMergersBehemoth Book:The Corporation: The Pathological Pursuit of Profit and Power Source: The Corporation: The Pathological Pursuit of Profit and Power
“The corporation was originally conceived as a public institution whose purpose was to serve national interests and advance the public good.” PurposeInterestInstitutionsCorporationsPublic GoodNational Interests Book:The Corporation: The Pathological Pursuit of Profit and Power Source: The Corporation: The Pathological Pursuit of Profit and Power