With reference to the levels and spheres of corporate power discussed in the chapter, how did the power of Standard Oil change society? Was this power exercised in keeping with the social contract of Rockefeller’s era?
Answer to relevant QuestionsHow does the story of Standard Oil illustrate the limits of business power? Does it better illustrate the dominance theory or the pluralist theory discussed in the chapter?What are the basic criticisms that PETA makes of KFC? Are they convincing? Are its criticisms similar to timeless criticisms of business mentioned in the chapter?How well did GE comply with the “General Principles of Corporate Social Responsibility” set forth in the section of that title in the chapter?Did Martha Stewart commit the crime of insider trading when she sold her ImClone shares on December 27, 2001? Was Hillary: The Movie a disguised campaign ad or a journalistic documentary? Should the Court have created an exception in the law to permit its broadcast? What could it have done?
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