Politics Follows the Economy: Difference between revisions
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The An important question from the OSE perspective is where political power comes from - as understanding the source of power helps us to affect it (for the better). It is generally accepted in the US that money buys politics [https://www.nytimes.com/interactive/2015/06/02/us/politics/money-in-politics-poll.html?_r=0] | The An important question from the OSE perspective is where political power comes from - as understanding the source of power helps us to affect it (for the better). It is generally accepted in the US that money buys politics [https://www.nytimes.com/interactive/2015/06/02/us/politics/money-in-politics-poll.html?_r=0], and that the politics are thus corrupt [http://news.gallup.com/poll/185759/widespread-government-corruption.aspx]. Where does money come from, however? Money comes from economic activity. The sum of economic activity is the Economy. Thus, it may be said that politics are determined by the economy. The take-home message from the OSE perspective is that if we want to change politics, we must change the economy. From this viewpoint - protesting and political reform are superficial efforts at change - as the real change must happen at the level of economy, which by definition will change politics. This does not appear to be controversial. | ||
=Notes= | =Notes= | ||
Revision as of 13:00, 24 February 2018
The An important question from the OSE perspective is where political power comes from - as understanding the source of power helps us to affect it (for the better). It is generally accepted in the US that money buys politics [1], and that the politics are thus corrupt [2]. Where does money come from, however? Money comes from economic activity. The sum of economic activity is the Economy. Thus, it may be said that politics are determined by the economy. The take-home message from the OSE perspective is that if we want to change politics, we must change the economy. From this viewpoint - protesting and political reform are superficial efforts at change - as the real change must happen at the level of economy, which by definition will change politics. This does not appear to be controversial.
Notes
- “Money to get power, power to protect money” was the motto of the Medici family. [3]
- Whoever pays the piper calls the tune. [4]
- Concept of Regulatory Capture follows the principle - in that companies buy influence over regulatory agencies that are supposed to regulate those companies.