Government And Business

by Lehne, Richard

• ISBN13: 9781933116051
• ISBN10: 1933116056
• Edition: 2nd
• Format: Paperback
• Copyright: 2005-10-31
• Publisher: Cq Pr

Summary

What influence does business have on government? How much should government regulate and intervene with business? To evaluate the nexus of the two, Richard Lehne explores how government and business each rely on the effective performance of the other to meet their goals. Government depends on business to create jobs, generate revenue, promote innovation, and provide goods and services; business needs government to provide specific opportunities for firms and industries and to maintain conditions in which economic activity can flourish. Taking a decidedly comparative approach, Lehne evaluates the similarities and differences between the U.S. political economy and those of Great Britain, Germany, Japan, and the European Union. After providing rich historical context, he probes some of the most crucial dilemmas facing government and business today-including whether economic globalization threatens national sovereignty; the place of public opinion, unions, and other advocacy groups in government-business relations; and the best way to improve the international trade system. Important new coverage includes: - how the Enron and WorldCom-MCI scandals illustrate major failures in regulation by both government policies and corporate governance - how the regulation of cell phones in the EU and United States illustrates major differences in industrial policy how recalls on drugs such as Vioxx and Celebrex shamed the FDA and reflect the intense accountability of federal regulation for certain private industries - how European business groups are gaining strength and influence on policy in the EU - how regulation is used as a policy tool, specifically looking at the FCC's tightening regulation of the media For enhanced accessibility and interest, Lehne has added several features new to the second edition: - Cases in Development boxes extend the comparative analysis with key illustrations of business-government relations in developing countries, including India, Mexico, Brazil, China, and South Korea. - Comprehensive glossary spotlights all key terms for each chapter. - Chapter-ending summaries encapsulate the most important concepts developed in each chapter.

Table of Contents

Tables, Figures, and Boxes	xi
Preface	xiii
Introduction: New Spotlight on an Enduring Topic	xv
Part I. Environment for Government-Business Relations
Origins of Government and Business	3	(23)
Colonial Times to 1860: Legal Foundations of Business	4	(4)
The Rise of Modern Industry: 1860--1929	8	(4)
The Emergence of Positive Government: 1929--2005	12	(5)
Paths to Industrial Development	17	(4)
Summary	21	(1)
Further Readings	22	(1)
Notes	23	(3)
Creating Government-Business Relations	26	(19)
The Role of Government	27	(4)
Models of Business and Government	31	(4)
Government and Business: International Perspectives	35	(6)
Summary	41	(1)
Further Readings	42	(1)
Notes	43	(2)
The Stakes in Government Systems	45	(21)
Government Activities	46	(3)
Patterns of American Governance	49	(4)
Government Institutions in Comparative Perspective	53	(9)
Summary	62	(1)
Further Readings	62	(1)
Notes	63	(3)
Corporate Governance and Public Space Responsibility	66	(23)
Who Controls Corporations in the United States?	67	(6)
Corporate Governance in Comparative Perspective	73	(3)
Corporate Public Affairs Programs	76	(8)
Summary	84	(1)
Further Readings	84	(1)
Notes	85	(4)
Globalization of Business Activity	89	(26)
The Emergence of the Global Marketplace	90	(3)
Multinational Corporations in the Global Economy	93	(8)
Carving Up the Global Pie: Varieties of Capitalism	101	(5)
Summary	106	(1)
Further Readings	107	(1)
Notes	108	(7)
Part II. Corporate Activities in the Political Arena
The Advocacy Environment: Public Opinion, Unions, and Groups	115	(20)
Public Attitudes toward Business	116	(7)
Labor Unions	123	(4)
Interest Group Universe	127	(3)
Summary	130	(1)
Further Readings	131	(1)
Notes	132	(3)
Corporations and Business Associations in the Political Arena	135	(22)
Business Involvement in Politics	136	(3)
Business Associations in the United States	139	(6)
Business Associations: A Comparative Perspective	145	(7)
Summary	152	(1)
Further Readings	153	(1)
Notes	153	(4)
Lobbying Connections	157	(23)
What Do Business Lobbyists Do?	158	(7)
Lobbying Administrative Agencies	165	(4)
Litigation as a Business Tactic	169	(2)
Government Relations in Comparative Perspective	171	(1)
Corporate Lobbying: Pluralism or Hegemony?	172	(2)
Summary	174	(1)
Further Readings	175	(1)
Notes	175	(5)
Why Does Business Win and Lose in Politics?	180	(21)
Business and Political Parties: A Comparative Perspective	180	(6)
Winning and Losing in Politics	186	(6)
Hallmarks of Business in American Politics	192	(2)
Summary	194	(1)
Further Readings	194	(1)
Notes	195	(6)
Part III. Government Policies and Business
Business and Economic Policy	201	(20)
Fiscal Policy	202	(6)
Monetary Policy	208	(5)
Revenues and Expenditures	213	(3)
Employment	216	(1)
Summary	216	(2)
Further Readings	218	(1)
Notes	219	(2)
Regulatory Policy	221	(19)
Theories of Regulation	223	(2)
Dimensions of Federal Regulation	225	(6)
The Contest among Reform, Deregulation, and Reregulation	231	(4)
Summary	235	(2)
Further Readings	237	(1)
Notes	237	(3)
Antitrust and Competition Policy in the New Economy	240	(19)
American Antitrust Policy	241	(8)
Comparative Antitrust Policies	249	(5)
Harmonizing Antitrust Traditions	254	(1)
Summary	255	(1)
Further Readings	256	(1)
Notes	256	(3)
Industrial Policy and High-Tech Industries	259	(20)
American Industrial Policies and Proposals	260	(5)
Industrial Policy: International Experiences	265	(5)
Technology Policies	270	(4)
Prospects for Industrial Policies	274	(1)
Summary	275	(1)
Further Readings	276	(1)
Notes	276	(3)
Global Trade Policies	279	(20)
Features of the International Trading System	281	(6)
The International Trade System under Stress	287	(6)
What Is the Future of the International Trade System?	293	(3)
Summary	296	(1)
Further Readings	296	(1)
Notes	297	(2)
Business as Social Actor	299	(18)
Policies to Achieve Societal Goals	300	(4)
Policies to Protect Society from Business	304	(4)
Policies to Protect Workers	308	(5)
Assessment and Implications	313	(1)
Summary	314	(1)
Further Readings	314	(1)
Notes	315	(2)
Glossary	317	(9)
Index	326