Question

In: Economics

Please conduct an analysis of the government and business relations of the United States. Give examples...

Please conduct an analysis of the government and business relations of the United States. Give examples if possible.

Solutions

Expert Solution

Business and government relations are more extensive and more nebulous than generally understood. Far from being discrete entities, corporations and government contracting authorities are thoroughly entangled by financial obligation and personnel exchange. Government is at the same time patron, policeman, and pal to business.

The legal framework of business is not neutral, inherently favoring vested well capitalized interests. Businesses are completely reliant on government to protect not just the legal fiction of corporate personhood, but also corporate property, and contracts. Our system of courts and police are well designed to adjudicate contract disputes and property rights, and less well designed to protect people or determine where justice lies. Corporations rely on civil order, the police, courts and military to protect their property: and yet they do not pay the full value of its costs.

The government’s position is to ensure that citizens do not suffer harm resulting from business operations, such as selling tainted food or preparing foods in unsanitary conditions, causing ecological harm, or dealing unscrupulously in financial matters. The larger the government grows, the more it introduces regulations and taxes onto businesses.

The business’ position is that they want the government to stay out of their operations. Businesses believe the government has too much involvement in their affairs. In a poll taken in year 2005, 90% of Americans believed that large businesses had great influence over the government.

The Obama Administration states that Global warming is a very serious situation caused by human activities. As a result of global warming, hurricanes that rated in the 4 and 5 categories have practically doubled in the last three decades. The ocean acidity has increased; the trees bloom earlier than ever; glaciers are melting at a much faster pace, and certain water species will become extinct. To combat these issues some scientist suggests reducing emission are else climate change will worsen. If there is no reduction in emission the world will be faced with famine and drought in some of the poorest places in the world which will wreak havoc across the globe. In addition, in the U.S., due to rise in sea-level, the coastal areas could suffer significant damage to the environment and the economy.

Another business perspective on government is that government should favor businesses and incentivize business performance and investment because businesses are the main source of jobs, innovation, and societal economic well-being, and therefore government should support businesses with grants, tax credits, and subsidies.

Sustainable businesses, such as the companies presented in the case study chapters in this textbook—such as Stonyfield Yogurt, Oakhurst Dairy, and Green Mountain Coffee—tend to focus on their responsibility to the environment and societal impact and also tend to recognize that government policies and programs are often necessary to help them achieve their objectives and therefore are inclined to try to work with and even partner with government to achieve desired ends. It is always important for sustainable businesses to understand how their efforts to achieve profits and to serve a social purpose are both strongly influenced by government policies, and it is always important for sustainable businesses to manage their relationships with government (local, state, national, and international) effectively.

The tendency toward dividing and distributing power, long characteristic of the American political system has increased in recent years. The proliferation of congressional subcommittees; the growing independence of individual members of Congress who rely increasingly on personal rather than party organizations for election; the growth of additional legislative staff capabilities, individually through dramatically larger personal staff, and institutionally through the growth of committee staff and the establishment of new entities such as the Congressional Budget Office (created by the Budget and Impoundment Control Act of 1974); have made the Congress less dependent on the executive for information and have altered the nature of executive-legislative negotiations. Congress has a greater capacity to pursue its interest in micromanaging executive departments and agencies and has shown a preference for more detailed legislation granting the executive less discretion. effectively require super-majorities to pass legislation.

A new surge in the number of organized interests has occurred. The trade and professional groups that dominated the interest group landscape four decades ago has been supplemented by a host of non-profit and public interest organizations active in lobbying government. Gathering accurate data on this phenomenon is not easy and a variety of researchers have produced varying estimates but the direction and magnitude are unmistakable.

A proliferation of research institutions and "think-tanks" has supplemented the growth and increasing diversity of organized interests. Moreover, many of these think tanks devote much of their attention to generating and disseminating ideas primarily designed not to influence scholarly debate but to shape current governmental deliberations. In short, the arena in which public policies are contested and in which government and business interact is more thickly settled and is arguably richer with a host of ideas and analyses competing for the attention of policy makers. Greater openness and transparency. Fourth, the traditional U.S. emphasis on openness and transparency has reached new levels.

Recent years have witnessed the adoption and greater use of devices designed to illuminate what is occurring inside government and procedures to involve individuals and organizations outside of government more fully in shaping public policies.


Related Solutions

Please conduct an analysis of the United States current legal system.
Please conduct an analysis of the United States current legal system.
2)How have wars affected the United States economy? Please give specific examples. 3) Today, the United...
2)How have wars affected the United States economy? Please give specific examples. 3) Today, the United States has the world's largest economy as well as a very high standard of living. What factors in our economic history helped make this possible?
hofstede analysis for the united states and Mexico doing business together
hofstede analysis for the united states and Mexico doing business together
Please give detail explain of SWOP analysis base on United States Postal Services(USPS) on Strengths, Weaknesses,...
Please give detail explain of SWOP analysis base on United States Postal Services(USPS) on Strengths, Weaknesses, Opportunities and Threats.
Identify the major labor relations laws in the United States, and the rationale for the implementation...
Identify the major labor relations laws in the United States, and the rationale for the implementation of each law. How are U.S. labor laws similar or different to labor relations laws in different countries globally?
Please identify and discuss our three branches of government in the United States of America; where...
Please identify and discuss our three branches of government in the United States of America; where does each branch derive their power? Please be specific.
Please use reference. In Gasoline. How to make Gasoline cheaper in the United States: Government is...
Please use reference. In Gasoline. How to make Gasoline cheaper in the United States: Government is known to utilize a product's elasticity measures to set taxes and subsidies. Use this information to set policy on petroleum products according to your goal. Research the government's tax/subsidy policy in these areas and any objectives of the tax policy. State your goal, your prescribed action, and why you believe it will work using the information you found.
Discrete Math: Give examples of relations on the set of humans that are: a) asymmetric and...
Discrete Math: Give examples of relations on the set of humans that are: a) asymmetric and transitive b) symmetric and antisymmetric c) reflexive and irreflexive.
Examples of cultural differences that we (United States people) should be aware of before doing business...
Examples of cultural differences that we (United States people) should be aware of before doing business with China. Examples might include nonverbal differences, differences in gift-giving in business practices, etc.
Why was the battle of Midway so important to the United States? give some explanation please
Why was the battle of Midway so important to the United States? give some explanation please
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT