Politics & Business

Questions: 1. Robert Reich argues that business has become too powerful, and has undermined democracy in the United States. Discuss Reichs argument. 2. Have businesses become more socially responsible?Outline the opinion of at least two writers, and the reasons theyve given for their opinions.What do you think?Give reasons and strong evidence for your opinion. 3. What problems does the profit motive cause for society and government?How do governments and society attempt to deal with these problems?Give reasons and examples in your answer. 4. Briefly outline Tim Gees theory of counterpower.How well does it explain the success or failure of recent community campaigns?Give some examples in your answer. 5. What are interest groups?Give three examples of interest groups.Briefly explain, What interests do they represent? How do they seek to benefit those interests? What problems (if any) do they create for other interest groups? Answers: The main reasons for robert reich's argument over "business killing democracy." The United States has develop into the climax of the Middle East causes the debate of people by Robert Reich. The debate is right or wrong it does not matter. The incidental penalties is the auxiliary part of the debate. Reich said that the murder of civilians cannot be stopped. There also is a development of opposing American feeling. The growth of violence occurred there. For spreading the inequality the United States can be recoil its consideration. The inequality wants to be complete here in United States. The use of properties that could then be cast-off on the poor as well as on our substructure and also on the education. Robert is old sufficient to memorise the Lyndon Johnson's conflict on lack as well as the CountlessCivilization ending on field of Vietnam. Also the public war can resultthere accurately(Bakan, 2004). StrangelyJohn Kerry said about Syria that American resolve is at the pole of our reliability is on the stick. The Most Important Evidence Reich Gives For His Opinion The latest research can be held by Moody's Analytics.Nearly 5 percent of the Americans with supreme incomes now explanation for 37 percent of all customer consumptions. The United States surge to inequality is earmarked. The budget would not rebound. Also President Obama becomes to repair for a second largeinducementthough Ben S. Bernanke's Fed protects interest rates closeto zero then also neither do the artificialjob deprived of a middle class talented of spending. Pump preparing works just when a well coversadequate water(Barbero and Puig, 2015). The tax can be deducted from the poor Americans and join to the rich Americans. The rich Americans are now existencechewed by their achievement. Those at the top would be improvedrotten with a lesser part of a rapidlyincreasingbudget rather than a enormous share of one that's closelydeceased in the water. Other Evidence about the Relative Power of Business The economic structure cannot perhapsto get out of its present stagnations without any strategy to recover the purchasingcontrol of middle class Americans. The expenditure of the plushest 5 percent unaccompanied will not principal to a good series of more occupations and advancedactive values. It is unbelievable for eachgreat business and also counting the United States to convert the remaining exporter(Barbero and Puig, 2015). The middle class Americans need to be refreshed and as well as to reverse the nation's gisttospreading inequality. This is likelyanywayto the radical power of the management class(Thomas). Maximum people are currently actuality knockout by occupationfatalities. The executive class has a lucid self-interest in receding the movement. Also an increasing currentboosts all boats. The receding wave intimidating to seashore many of the vessels. Opinion for "business become more socially responsible." 1. Writer Name and source Hareed Sabetti- The For-Benefit Enterprise Opinion By Hareed Sabetti, Nowadays Business become more socially responsible. He gives sufficient advice for his thought about it(Duhigg, 2012). Hareed Sabetti comments that a modern business can be supported by some new trends. The new trends can also contain some major services and standards. Those are Account standards, professional services, public policy and financial markets. Hareed can predict that those parts of a business are mainly responsible to become it more socially responsible. According to Hareed's report, people will see the performance of the financial system and also interact with it. It also separates from the government as well as profit or nonprofit business. Hareed also told that the future capitalism can be remade by the increase of that sector. To achieve the profit benefits, the market can support such capitalism. By shifting a system, the most gainers are leaders and fast movers. According to the Hare's opinion, the new industries can move to being more socially responsible. As because of this the company can become more successful in future. 2. Writer Name and source Micheal E. Porter and Mark R.Kramer- The Harvard Business Review Opinion According to Michael E. Porter and Mark R. Kramer, It is impossible for anyone to establish a long-term and sustainable change rather than business. By the authors when a modern business uses its massive resources as well as expand their management talent via some experts to understand about the risk factor of their business. The strategy can become a better approach to become better than any other business. It does not matter that all successful company can go through a social enterprise. By using the strategy, a business can become more attractive as well as more beneficial. By facing different difficulties and operations every day, a company can achieve more success however it's an existing or new business. According to the opinion, it is confirmed that nowadays business can become more socially responsible. Also, business contains the great potential to develop the strength of our planet as well as a citizen. A successful business is also responsible for changing a system that can help people to achieve success. Problems on Profit Motives Cause for Government The intention to introduce profit motive is for achieving the financial increase in business. A taxpayer, as well as a company, can participate in business activities to establish a profit motive. To resolve the deductibility of each expense, profit motive must be introduced.Problems in profit motiveProfit motive must be considered for the taxpayers participates in the rental activities. The profit motive can be introduced there to claim the all rental expenses. The rental loss claim of a taxpayer can be prevented by IRS if the evidence of profit motive can not explain. Profit was realized three out of last five years to recognized a profit motive. Also, the profit motive is used to separate a sideline from a business in the view of IRS. If the profit margin is not clear according to the company expectation, then a strong profit motive is required to resolve the issue. The business partner can be intense the profit motive to share their interest for expanding the market share of the company.After establishing a new business, there must have occurred some risks for individuals. In that case, there also introduced an appropriate business motive to push the employees as well as the stakeholders of the company to take the current responsibility for resolving the problem. Time and financial investment are also included in the profit motive of a business to reach the whole goal. Tim Gees Theory of Counterpower Tim Gees Counterpower might not have been distributed at a more suitable moment. We are living through a retro of profound change. From the Inhabit protests to the Arab Spring, political actions are occurring on a scale and constancy that has not been seen for a group and also with governmental power being challenged across the globe(Shanken, 2009). Counterpower of Ideas Counterpowers mission is to chart political actions and understand how change happens to store of history and try to learn from actions past to understand better what makes a campaign successful.' Tim Gee's industriously researched work shelters a wide range of unique events from recent history and reveals attractive shared features between them. For explaining the success as well as the failure of social movements, Counterpower can be introduced. There are three types of counterpower. The types are physical, idea and economic. By using the three counterpowers, the complete power will be engaged. The author also analyses a collection of past social movements according to the uses of a variety of counterpower. It also includes the independence movement of India as well as the anti-Vietnam war situations. Explanation for the Success or Failure of Recent Community Campaigns The relative successes and failures are inspected situation while Gee pulls equals between global actions together by creating a comprehensive narrative in the process. It's both uplifting and disturbing to see that Gandhi's saying can be applied to nearly any political fight(Stanfield, 2012). Gee's theory forms an inspiring reminder of the expenses of the past and repeats the fact that they were not only born into the world in which we live. Every right we enjoy also every right we own down to the political actions of past campaigns. Gee turns the involvements gained in historical campaigns into an exciting plan for winning future ones although in a theoretical way. History's educations are interpreted as a logical justification for those attractive in recent day involvement and as a result, Gee's work is accurately motivating(Thiele, 2013). Interest Group An interest group is an association of people who share a mutual interest and labour composed to defend and indorse that interest by manipulating the administration. Interest groups differ important lybyits goal as well as its strategy. The two part can be divided by the political specialists. Economic Non-Economic Economic Groups This group pursues some financial advantage for their associates. This group is the most common type of interest group. (Thiele, 2013). Example- its member's advantage from the agreement whereas non-union associates do not. If there is no good secluded inducement that people might choose not to join. Business Groups Business groups are the most mutual type of interest group. It's more than half of all listed supplicants work for business organizations. Example- Pursues pro-business rules in overall. Not only just rules that help one portion of the economy. There has another two interest groups. The groups are- Sectional interest group Promotional interest group Sectional interest group A sectional interest group can be represented as a very typical group of any business. The local group members are officially and directly connected to the campaign that's why they are very concerned about the campaign. The professional bodies and members association can be a part of the sectional group and also the open membership into that group usually restricted. Promotional interest group A Promotional group is mainly introduced for promoting a particular cause. That's why the promotional group can also know as Cause group. The members of the promotional group are not self-interested to the accomplishment of their objectives. They also not directly connected to the economic benefits of the group. The campaign of the Nuclear Disarmament and the Greenpeace is the example of the promotional or cause group. References Bakan, J. (2004).The corporation. New York: Free Press. Barbero, M. and Puig, N. (2015). Business groups around the world: an introduction.Business History, 58(1), pp.6-29. Dnes, A. (2013). Rogue Groups in Business.Managerial and Decision Economics, p.n/a-n/a. Duhigg, C. (2012).The power of habit. New York: Random House. Leonard, L. (2011).Community campaigns for sustainable living. Bingley, U.K.: Emerald. Neu, D. and Green, D. (2006).Truth or profit?. Halifax: Fernwood Pub. Co. Sanford, C. (2011).The responsible business. San Francisco: Jossey-Bass. Shanken, E. (2009).Art and electronic media. London: Phaidon Press. Stanfield, J. (2012).The profit motive in education. London: Institute of Economic Affairs. Thiele, L. (2013).Sustainability. Cambridge: Polity. Thomas, R. (2010).World class diversity management. San Francisco, Calif.: Berrett-Koehler Publishers.