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Thomas Frank/One Market Under God

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Essay / Research Paper Abstract

A 7 page research paper that examines One Market Under God (2000) by Thomas Frank, which is a scathing social commentary on the business culture that arose in the 1990s, which equates the workings of the market place with democracy itself, essentially forming a civic religion that sanctifies powerful CEOs. After analyzing Frank's text, the writer compares it to the perspectives presented by Richard Reich in The Work of Nations and in the PBS video Bigger than Enron. Bibliography lists 3 sources.

Page Count:

7 pages (~225 words per page)

File: D0_khmargod.rtf

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Unformatted sample text from the term paper:

equates the workings of the market place with democracy itself, essentially forming a civic religion that sanctifies powerful CEOs such as Bill Gates. Essentially, at a time when the economy was still -- seemingly -- going strong, Frank looked at the popular hysteria and calmly announced that the emperor had on no clothes. In other words, it is Franks assertion that the economic boom of the 1990s was all smoke and mirrors and, it should be noted that time has born out his assessment. An examination of Franks primary points shows that his text is insightful and offers a distinctly different view of corporations than is typically found in popular media. Franks area of interest is not so much the market, per se, but the mythology that surrounds the whole topic of capitalism, as well as how this mythology has influenced culture. Franks perspective is then contrasted against the positions taken by The work of Nations by Robert Reich and the PBS documentary Bigger than Enron. First of all, Frank offers some history to his readers by describing how corporations were viewed in the early part of the twentieth century. During the 1910s and 20s, most Americans felt large corporations were too powerful and that more should be done to rein them in. Even many business people felt that capitalism had to be saved from itself because it was an economic system very prone to excess (Frank, 2000).This sentiment caused a surge in unionism, which made fighting for democracy in the workplace its primary goal. Frank points out that there was a time, not so very long ago, when the suggestions that business itself was a more perfect version of democracy would have been greeted with a "national horselaugh" (2000). Then the 1980s and 90s brought ...

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