chapter  10
10 Pages

The Corporation and Community

This view of the self and society also has implications for our understanding of the corporation, both in terms of our understanding of the corporation itself and its relationship to the broader society. Within the pragmatic framework, the corporation is seen as a social entity rather than strictly an economic entity that has only economic impacts and responsibilities. In economic theory, the corporation is abstracted out of its social context and given an independence that cuts it off from any larger social and moral purpose. However, the corporation is a social community in itself and also part of a larger community. These two aspects of corporate life will be discussed in this chapter.