The paper "Business Has Too Much Political Power" is a good example of business coursework. The extent to which business possesses political power can be discussed from different aspects. There is, however, some interdependence between the two. From the economic side, the government depends on business for survival especially from the revenue generated. From a business perspective, the government plays an important role in supporting businesses. The essay seeks to provide an insight into the amount of power that business has in relation to the government. In reality, both institutions do not get enough of what they want from each other.
The essay will provide a discussion of the power of business in light of the comment that business has too much political power. For many years, many criticisms have been pointed towards business. We agree that business has too much political power because business is too powerful, too big, pollutes the environments and exploits the involved parties for its own gain. It does not tell the truth, takes advantage of consumers and workers and has a perceived abuse of power (Carroll & Buchholtz, 2008, p.
16). Some citizens are of the opinion that business has too much power over the many aspects of life. We will begin by getting an understanding of political power, business power and then just how so much political power is given to businesses. Political power is the struggle of power. It is a power that allows administration of some or all of the resources necessary for the health of a business. Individuals or businesses involved pursue their own self-centred interests at the expense of others. The main question with this kind of power is who gets what, how and when.
The involved parties are driven by the will to power. The question here is if politics is meant for a competition where individuals try to obtain their wellbeing at the disbursement of others, why are such values as justice, freedom and inequality playing recurrent and large roles in the political life? This kind of power sometimes fails to account for the many dimensions taken by politics. Businesses do not wish to have their selfish interests and objectives unmasked because their achievements will be made more difficult (Hawkesworth & Kogan, 2004, p.
23). The consumers and other minor businesses do not also wish to confront their own craven natures. They instead opt to mask the ruling businesses’ self-interests. The values of politics are often wrongly unmasked as manifestations of the will to power. Business power is the capacity or ability to influence or produce an effect to bear on people or on a situation. The power can be negative or positive. In the business context, power is often seen as being abused (Carroll & Buchholtz, 2008, p.
19). Business power can be manifested at several levels such as macro-level, intermediate level, micro-level and individual level. The level of power has to be specified through when discussing the issue. In this case, political power is employed which exerts some influence on the way business is conducted. Business exercises their power via lobbying, party finance activities and campaigns. Businesses are essential since it has the power to decide future investments. The investments are critical in the enhancement of national income and the creation of new employment.
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