POLS 3470 Chapter Notes -Regulatory Capture, Corporate Social Responsibility, Policy

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Document Summary

The study of business and politics article. 1920, 30, 50s literature/research ignored politics and public policy. Now substantial literature on relationship between business and us government. Study of business not a distinctive subfield within political science. Triumph of capitalism has made corporations the most important non-gov institutions globally. Now dependant on business/gov to address critical issues/problems the changing research agenda. Increase in research relations in last 25 years. Expansion of political agenda to include more policy areas that affect business. Heightening public expectations of business the power of business. Power of america began during late 1960s-early 70"s in both political science and sociology. Business not simply another interest-group, competing with other organized and unorganized interests for political access and influence. Business was unique: its needs and interests dominated those of all other institutions and organizations in american society, including government. Debate over the sources and extent of business power in capitalist societies revised.

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