Pluralism Flashcards
List the strengths of pluralism.
Prevents concentration of power Maximises freedom. Disperses individual allegiances Diversified loyalties Provides checks and balances.
List the weaknesses of pluralism.
Pursuit of self interest
Proliferates companies with overlapping goals
Conflicts
Can be inefficient.
Social contract
View Palm cards for diagrams
Explain special interest society.
Makes life more complex for businesses and the govt.
they pursue their own agenda but attract a significant following.
What is business power?
The ability or capacity to produce an effect or to bring influence
What is the iron law of responsibility?
Those who do not use power in a manner that society considers responsible, will tend to lose it.
Explain politics in relation to business.
Competing views about the type of society we want to live in. Deciding the rules which we live under.
List some relationships between business and government
The govt sets the legal framework.
Set levies and taxes on businesses
They manage the economy.
Compare left and right views.
Left: market pessimist. Big govt. tax and govt spending
Right: market optimistic. Small govt. low tax. Market is left to its own devices.
What are the three models of corporate power?
Pluralist
Neocorporatist
Business dominance
Describe the pluralist model
Emphasis on the pluralist of Groups or interests seeking to influence the govt. power is fragmented and dispensed.
Describe neocorporatism model
Emphasises the importance of economic interests. (Business and labour) Tri partism or social partners.
Describe the business dominance model
Businesses occupies a privileged position in policy making, unmatched by any other group ‘control without trying’
Define pluralism
Refers to a diffusion of power among society’s many groups and organisations. The wide decentralisation and diversity of power.
