You are here
Business and Politics: Which Drives Which?
Politics and Business appear to more intertwined than ever because politics is so salient and ubiquitous in the current American drama in the aftermath of the financial crisis. The popular charges are contradictory: politics and politicians intervene in business and the economy, and business intervenes, often by non-transparent means, in politics.
We are in an age in which corporations and unions are given first amendment rights while political donations are veiled behind nonprofit organizations (the '527'). Lobbying is viewed as 'information' by many, but as 'legal corruption' by others. The financial crisis has surely rendered these issues more salient, where the stakes riding on regulation are reshuffling the flow of money and contributions.