POLS 3470 Chapter Notes -Regulatory Capture, Infant Formula, Intellectual Synthesis

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The study of business and politics" by david vogel. In 1959, robert dahl made the conclusion that management textbooks and journals all but ignore politics and public policy. However, much has changed in the past 35 years. There is now a substantial body of literature on the relationship between government and business in the us. Although much has been written, the full scholarly potential of this subject has yet to be realized. The intellectual gap between the study of politics and business and the study of business in politics has yet to be bridged. In this sense, dahls paradox remains half true. The contemporary triumph of capitalism has made corporations the most important non- governmental institutions not only in western democracies, but globally. It is critical we understand how these institutions interact with each other because we are now dependent on business and government to address a wide variety of critical issues, such as the environment, healthcare, and technology.

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