Table of Contents
Tables, Figures, and Boxes xi
Preface xiii
Acknowledgments xv
Part I Environment for Government-Business Relations 1
1 Origins of Government and Business 3
Colonial Times to 1860: Legal Foundations of Business 4
The Rise of Modern Industry: 1860-1929 8
The Emergence of Positive Government: 1929-2010 12
Paths to Industrial Development 17
Summary 22
Further Readings 23
Questions 23
Notes 24
2 Creating Government-Business Relations 27
The Role of Government 28
Models of Business and Government 32
Government and Business: International Perspectives 37
Summary 42
Further Readings 43
Questions 43
Notes 44
3 The Stakes in Government Systems 46
Government Activities 47
Patterns of American Governance 51
Government Institutions in Comparative Perspective 54
Summary 64
Further Readings 64
Questions 65
Notes 65
4 Corporate Governance and Public Responsibility 68
Who Controls Corporations in the United States? 69
Corporate Governance in Comparative Perspective 78
Corporate Public Affairs Programs 81
Summary 88
Further Readings 89
Questions 89
Notes 90
5 Globalization of Business Activity 94
The Emergence of the Global Marketplace 95
Multinational Corporations in the Global Economy 100
Carving Up the Global Pie: Varieties of Capitalism 106
Summary 112
Further Readings 113
Questions 113
Notes 113
Part II Corporate Activities in the Political Arena 119
6 The Advocacy Environment: Public Opinion, Unions, and Groups 121
Public Attitudes toward Business 122
Labor Unions 129
Interest Group Universe 134
Summary 136
Further Readings 138
Questions 138
Notes 138
7 Corporations and Business Associations in the Political Arena 142
Business Involvement in Politics 143
Business Associations in the United States 146
Business Associations: A Comparative Perspective 154
Summary 160
Further Readings 160
Questions 161
Notes 161
8 Lobbying Connections 164
What Do Business Lobbyists Do? 165
Lobbying Administrative Agencies 172
Litigation as a Business Tactic 176
Government Relations in Comparative Perspective 178
Corporate Lobbying: Pluralism or Hegemony? 179
Summary 181
Further Readings 182
Questions 182
Notes 182
9 Why Does Business Win and Lose in Politics? 187
Business and Political Parties: A Comparative Perspective 188
Winning and Losing in Politics 193
Hallmarks of Business in American Politics 199
Summary 200
Further Readings 201
Questions 201
Notes 201
Part III Government Policies and Business 205
10 Business and Economic Policy 207
Fiscal Policy 208
Monetary Policy 214
Revenues and Expenditures 218
Employment 222
Summary 223
Further Readings 225
Questions 225
Notes 225
11 Regulatory Policy 227
Theories of Regulation 229
Dimensions of Federal Regulation 231
The Contest among Reform, Deregulation, and Reregulation 237
Summary 243
Further Readings 244
Questions 244
Notes 244
12 Antitrust and Competition Policy in the New Economy 247
American Antitrust Policy 248
Comparative Antitrust Policies 256
Harmonizing Antitrust Traditions 262
Summary 263
Further Readings 263
Questions 264
Notes 264
13 Industrial Policy and High-Tech Industries 266
American Industrial Policies and Proposals 267
Industrial Policy: International Experiences 272
Technology Policies 277
Prospects for Industrial Policies 281
Summary 282
Further Readings 283
Questions 283
Notes 284
14 Global Trade Policies 287
Features of the International Trading System 289
The International Trade System under Stress 295
What Is the Future of the International Trade System? 301
Summary 304
Further Readings 304
Questions 305
Notes 305
15 Business as Social Actor 308
Policies to Achieve Societal Goals 309
Policies to Protect Society from Business 313
Policies to Protect Workers 317
Assessment and Implications 322
Summary 323
Further Readings 324
Questions 324
Notes 325
Glossary 327
Index 336
