Politics Follows the Economy

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] critical insight to understand is that influence (power)

Notes

• “Money to get power, power to protect money” was the motto of the Medici family. [2]
• Whoever pays the piper calls the tune. [3]
• Concept of Regulatory Capture follows the principle - in that companies buy influence over regulatory agencies that are supposed to regulate those companies.