Business interests held significant power in shaping economic policy from "summary" of The affluent society by J.K. Galbraith
The influence of business interests on economic policy is a key factor that cannot be ignored. Business leaders hold significant power when it comes to shaping the direction that economic policies take. This power is not easily challenged or overturned, as those in positions of authority often have close ties to the business world. When economic decisions are being made, it is common for the voices of business interests to be the loudest in the room. Their opinions hold weight, and their influence can be felt in the choices that are ultimately made. This is not to say that other voices are completely shut out, but the sway that business interests hold is undeniable. This influence can often lead to policies that benefit businesses over...
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