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"What are the political motivations behind firms' decisions to adopt policies that self-regulate their behavior in a manner that is beyond compliance with state, federal and local law? Public Forces and Private Politics in American Big Business advances a new understanding of the firm as a political actor that expands beyond the limited conceptualizations offered by economists and organization theorists. Timothy Werner develops a general theory of private politics that is tested using three case studies: the environment, gay rights and executive compensation. Using the conclusions of these case studies and an analysis of interviews with executives at 'Fortune 500' firms, Werner finds that politics can contribute significantly to our understanding of corporate decision-making on private policies and corporate social responsibility in the United States"--Provided by publisher.
Examines the nature and process of private policymaking in US firms and how this interacts with public policymaking.
What are the political motivations behind firms' decisions to adopt policies that self-regulate their behavior in a manner that is beyond compliance with state, federal and local law? Public Forces and Private Politics in American Big Business advances a new understanding of the firm as a political actor that expands beyond the limited conceptualizations offered by economists and organization theorists. Timothy Werner develops a general theory of private politics that is tested using three case studies: the environment, gay rights and executive compensation. Using the conclusions of these case studies and an analysis of interviews with executives at 'Fortune 500' firms, Werner finds that politics can contribute significantly to our understanding of corporate decision-making on private policies and corporate social responsibility in the United States.
Leading political innovation activist Katherine Gehl and world-renowned business strategist Michael Porter bring fresh perspective, deep scholarship, and a real and actionable solution, Final Five Voting, to the grand challenge of our broken political and democratic system. Final Five Voting has already been adopted in Alaska and is being advanced in states across the country. The truth is, the American political system is working exactly how it is designed to work, and it isn't designed or optimized today to work for us—for ordinary citizens. Most people believe that our political system is a public institution with high-minded principles and impartial rules derived from the Constitution. In reality, it has become a private industry dominated by a textbook duopoly—the Democrats and the Republicans—and plagued and perverted by unhealthy competition between the players. Tragically, it has therefore become incapable of delivering solutions to America's key economic and social challenges. In fact, there's virtually no connection between our political leaders solving problems and getting reelected. In The Politics Industry, business leader and path-breaking political innovator Katherine Gehl and world-renowned business strategist Michael Porter take a radical new approach. They ingeniously apply the tools of business analysis—and Porter's distinctive Five Forces framework—to show how the political system functions just as every other competitive industry does, and how the duopoly has led to the devastating outcomes we see today. Using this competition lens, Gehl and Porter identify the most powerful lever for change—a strategy comprised of a clear set of choices in two key areas: how our elections work and how we make our laws. Their bracing assessment and practical recommendations cut through the endless debate about various proposed fixes, such as term limits and campaign finance reform. The result: true political innovation. The Politics Industry is an original and completely nonpartisan guide that will open your eyes to the true dynamics and profound challenges of the American political system and provide real solutions for reshaping the system for the benefit of all. THE INSTITUTE FOR POLITICAL INNOVATION The authors will donate all royalties from the sale of this book to the Institute for Political Innovation.
"Businessmen are politicians in America", writes Kim McQuaid, "and politicians are businessmen". Today, in areas as diverse as home mortgages, high technology, and Smart Bombs, the private and public sectors are working together to perform tasks that each is unable to do alone. In Uneasy Partners McQuaid surveys the close ties that have formed between big business and government in the period from World War II to the present. Government needs business, McQuaid explains, to make and implement key economic and business-related decisions. Business needs government to gain advantages over labor and markets. The defining characteristics of this business-government relationship form the focal point for the book's chapters. McQuaid first examines the 1945-60 transition period, discussing Eisenhower's domestic policies, foreign aid, and the oil market. He then explores the rapid expansion of government under the Democratic administrations of the 1960s and discusses the Republican retrenchment and the Reagan administration's pro-business agenda in the 1980s. Finally he assesses the legacy of the Reagan policies and evaluates the current U.S. position in the world economy. As the newly elected Clinton administration pledges business-government partnerships and greater efficiency in policy areas ranging from tax and trade to antitrust and R&D, Uneasy Partners allows policymakers and interested citizens alike to view such issues in their historical context. Written in a lively and engaging style, Uneasy Partners offers a timely look at the interaction of the two most important political actors in U.S. society over the course of the past half-century.
This volume pulls together commentaries on Charles E. Lindblom's book entitled "Politics and Markets: The World's Political-Economic Systems" (1977) which expounds the thesis that big business dominates American culture and politics and prevents the introduction of central planning in place of a market-oriented economy. Following an introduction, this collection of essays is organized into two parts. Part 1 contains arguments against the book's thesis in these six essays: "Pluralism Reconsidered" by Eugene Bardach; "An Alarmist View of Corporate Influence" by Royall Brandis; "How Powerful is Business?" by Ithiel de Sola Pool; "Democracy and the Corporation" by James Q. Wilson; "Business, Government, the Public: Who Manipulates Whom?" by Paul J. Halpern; and "The Servility of Business" by Clarence J. Brown. Part 2 contains an essay by David Stockman entitled "How the Market Outwits the Planners" which is a rebuttal of Lindblom's claim that natural resources will be depleted in an economy based on production-for-profit. (KW)
We have long been told that corporations rule the world, their interests seemingly taking precedence over states and their citizens. Yet, while states, civil society, and international organizations are well drawn in terms of their institutions, ideologies, and functions, the world's global corporations are often more simply sketched as mechanisms of profit maximization. In this book, John Mikler re-casts global corporations as political actors with complex identities and strategies. Debunking the idea of global corporations as exclusively profit-driven entities, he shows how they seek not only to drive or modify the agendas of states but to govern in their own right. He also explains why we need to re-territorialize global corporations as political actors that reflect and project the political power of the states and regions from which they hail. We know the global corporations' names, we know where they are headquartered, and we know where they invest and operate. Economic processes are increasingly produced by the control they possess, the relationships they have, the leverage they employ, the strategic decisions they make, and the discourses they create to enhance acceptance of their interests. This book represents a call to study how they do so, rather than making assumptions based on theoretical abstractions.
position in the world economy.