The Ship of State and the Abandoned Yacht

11 Pages Posted: 23 Feb 2009

See all articles by Mae Kuykendall

Mae Kuykendall

Michigan State University - College of Law

Date Written: February, 23 2009

Abstract

The corporation is a fluid entity dominated by the logic of investment, a logic disjoined from the human stories that exist within corporations and which are rendered marginal to the subject of corporate law by the dominant persona of the corporate entity. It is not clear that this feature of the corporation, which naturally arises from the logic of financial markets, displaces law so much as, with growth of capital deployed in the corporation, it makes less accessible to political understanding more sectors of human experience in which law might seek a role. The corporation is a site of fleeting interconnections based on exchange, all embedded in a whirlwind of words, and defying reification. Hence, the Ship of State sails on with the cargo it can hold, but the Yacht, where human desire fed by financial exchange is gathered, sails to an unknown destination.

Keywords: Stories, corporate law, Maxwell, narrative, finance, capitalism, words, discourse, reified, moral, merger, readability, indeterminate, transaction, Hollinger, Strine

Suggested Citation

Kuykendall, Mae, The Ship of State and the Abandoned Yacht (February, 23 2009). Penn State International Law Review, Vol. 26, No. 3, 2008, MSU Legal Studies Research Paper No. 07-05, Available at SSRN: https://ssrn.com/abstract=1348009

Mae Kuykendall (Contact Author)

Michigan State University - College of Law ( email )

318 Law College Building
East Lansing, MI 48824-1300
United States

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