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Government-Business Relations 1004 PPP -- Reading Report
Tutorial (e.g. Monday 10.00am-11.30am):
Reading full reference
Wilson, G. (2003). Business and politics: A comparative introduction. 3rd ed. New York: Chatham House Publishers. Chapter 2. "Business and Politics in the United States," pp. 27-57.
Main point(s) made by the author(s)
In contrast to modern European democracies, the United States has embraced a form of capitalism that is extremely hostile to proactive social welfare policies. Within U.S. culture there has tended to be a more uncomplicated celebration of such values as individualism and self-reliance. Even the Democratic Party, which is currently considered the more liberal of the two major governing parties, is less supportive of comprehensive social welfare policies such as universal healthcare vs. European nations. The U.S. has a very weak welfare state, one of the weakest in the modern industrialized world. The U.S. also has a federalist system, which accords considerable power to state governments vs. The federal government. States have great discretion in managing their tax systems and social welfare programs, even when they receive federal funding. The U.S. version of government reflects a belief that capitalism and democracy are virtually synonymous and inseparable,...
He compares how the auto industry has evolved in European nations and Japan vs. The United States, in terms of government intervention in the economy, specifically drawing upon the practices of global brands such as Honda, Mercedes Benz, and BMW.
The author notes how businesses have a great deal of leverage over politicians due to their lobbying efforts. There is a microcosm of power that exists on K. Street, the street in Washington DC where most lobbyists reside. Businesses are often in a constant struggle to influence regulations which can have a critical impact upon their bottom lines.
Strong and convincing parts of the text
The author makes a convincing case for the degree to which American values such as independence and the ideal of the melting pot have created a uniquely American brand of modern democracy. Americans are taught from a very young age about the hardships that were endured in founding their country. Self-reliance vs. community-based participation is valued. In general, the regulatory system in the U.S. is extremely favourable to businesses in terms of…
In February 1950, under House Resolution 58, The Senate Committee on Small Business was established. The name of the committee was changed to The Committee on Small Business and Entrepreneurship in 1981, but still functions in much the same way it has since its inception in the early 1950's (Committee Homepage, 2009). To its credit, the group has held hearings on a multitude of different small business related issues,
Therefore, it meets the threshold requirement for limited safe haven. Moreover, the provision of medical services appears to fall under the qualifications of the SCM that services be a controlled service transaction or a group of transactions. This provision of services is not one of the prohibited services including manufacturing, production, extraction of mineral resources, construction, reselling, research and development, engineering, financial, or insurance. In United Parcel Service of America,
Business Case Study -- USA Motors Why didn't the paid absence plan work? The paid absence plan did not work primarily because it lent itself to abuse. Instead of providing incentive to give appropriate notice of absences, it allowed employees to exploit the mechanism as a means of increasing their pay. The main reason that was possible is that the paid absence mechanism would have required a corresponding increase in the organization's
United States Federal Reserve System Factors that influence the Federal Reserve in adjusting the discount rate Interest rates are charged for loans to commercial banks. In accordance to the rules and regulations of the Federal Reserve, this is a principle that can be used as a means of controlling the money supply. An increase in the level of the money supply is achieved when the Federal lowers the rates of discount. A
Is the EEOC's understanding of its rule entitled to respect under Long Island Care at Home, Ltd. v. Coke, 127 S. Ct. 2339 (2007) -- a case decided twelve days after the Eighth Circuit delivered its decision in this case? Martel v. Clair - Docket No., 10-1265 In this case after ten years of capital federal habeas corpus proceedings in the district court, respondent abruptly complained about and sought substitution of his
Through these functions the federal system the Federal Reserve System manages the money supply in the U.S. leading to maximum employment, and stabilizing of prices hence preventing deflation or inflation. It stabilizes the financial system and contains any systemic risks that can come up in financial markets. Impact of interest rates on the U.S. And the global financial environment A change in interest rates impacts the U.S. And Global financial environment