In the wake of worldwide economic turmoil and efforts toward recovery, understanding the interdependence of government and business is more important than ever. In this thoroughly updated edition, Lehne takes a comparative approach, evaluating the U.S. political economy with respect to those of Great Britain, Germany, Japan, and the EU. The book provides detailed historical context for, and a conceptual understanding of, the business-government environment, and then clarifies the roles of the major actors and outlines the regulatory and policy frameworks. Along the way, Lehne probes some of the most crucial dilemmas facing government and business today. Updates to this edition include: • expanded coverage of ethics as it relates to government and business; • greater attention to China in particular in the feature boxes on developing nations; and • a look at relations between government and business at the subnational level. A comprehensive glossary and chapter summaries enhance student learning.

Corporations and Business Associations in the Political Arena

Corporations and business associations in the political arena

The headquarters building of the U.S. Chamber of Commerce is located across Lafayette Park from the White House. Early in 2011, President Obama walked across Lafayette Park to find friends and influence people in the Chamber headquarters. It is a ponderous structure on what was once the site of a mansion occupied by Daniel Webster. From the front windows of the Chamber building, guests look past the statue of Andrew Jackson in Lafayette Park toward the front, pillared entrance to the White House.

A plaque in the Chamber's foyer insists that the Chamber of Commerce is dedicated to promoting the “national economic welfare.” The problem, of course, is that there ...

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