The government’s position is to ensure that citizens do not suffer harm resulting from business operations, such as selling tainted food or preparing foods in unsanitary conditions, causing ecological harm, or dealing unscrupulously in financial matters. The larger the government grows, the more it introduces regulations and taxes onto businesses (Carney, 2006).
The business’ position is that they want the government to stay out of their operations. Businesses believe the government has too much involvement in their affairs. In a poll taken in year 2005, 90% of Americans believed that large businesses had great influence over the government. The CEO’s of large corporations are able to have personal meetings with senators and cabinet secretaries to discuss their position and influence their decision-making (Carney, 2006).
Since the Obama Administration, the government is interacting directly with businesses to ensure that they are being fiscally responsible so as not to negatively impact the American citizens. President Obama had to intervene on behalf of Wall Street, automotive companies and the banking industry by means of stimulus package to avoid an economic depression for the country. Both businesses and the government need to work together to ensure the citizens receive the greatest protection in all issues, to include health and safety, defense, economics and environmental protection. The relationship between government and business is crucial and critical if American is to remain successful. Government will have to lay aside its bipartisanship and legislation on complex and important issues, while the business world must ...
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Federal Trade Commission, (n.d.). Protecting America’s consumers. Retrieved from http://
Goodell, J. (2010). As the World Burns. Rolling Stone, (1096), 30-62.
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Machan,T. R. (1988). Government regulation of business: The moral arguments.
The Freeman. 38(7). Retrieved May 25, 2010, from http://www.thefreemanonline
Milkin Institute Global Conference (2009). The new relationship between government
and business. Retrieved from http://www.milkeninstitute.org/events/gcprogram .taf?function=detail&EvID=1957&eventid=gc09
National Center for Smart Growth Research and Education. (2008). Retrieved from http://www.
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