Who Influences Who?
Another example is the concern of corporate media takeover. In an article originally published by rabble.ca but also shown in the Canadian Dimension, there is concern for a breakthrough for the independent media from corporate or right-wing bias As a result, many independent media outlets have been set up as non-profit entities, with diverse sources of income. The fear is that the loss of an independent media is the loss of freedom of speech and expression, which can have catastrophic consequences.
Conclusion
[pullquote]This matter of influence is still subject to debate. However, it is fair to say that both politics and business have a tight grip on each other.[/pullquote]
While businessman can wield enormous influence over political matters, politicians are still able to pass laws and regulations that touch on business matters, thereby guiding and limiting their business conduct. What is important is that neither one gains enough influence at the expense of the other.
Furthermore, it is crucial to understand both the positive and negative aspects of politics and business. Understanding will not only enlighten a person of the ethical and legal aspect of doing business, it will also bring about an understanding of where many of these business policies and regulations come from and how much does it affect certain business.
If anything, this is something that all business, financial and economic person must know.
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