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Lobbying AmericaThe Politics of Business from Nixon to NAFTA$
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Benjamin C. Waterhouse

Print publication date: 2013

Print ISBN-13: 9780691149165

Published to Princeton Scholarship Online: October 2017

DOI: 10.23943/princeton/9780691149165.001.0001

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American Politics, American Business

American Politics, American Business

(p.255) Epilogue American Politics, American Business
Lobbying America

Benjamin C. Waterhouse

Benjamin C. Waterhouse

Princeton University Press

This epilogue asserts that business's influence on politics is historically contingent. It is thus vital to recognize that neither “business” nor “politics” in the second decade of the twenty-first century operates in the same way as it did during the 1970s and 1980s. For some business theorists, the old concept of the corporation as a social institution is a relic of a bygone era; in an age of high finance, instantaneous communication, just-in-time production, cheap global outsourcing, and overhyped IPOs, the modern corporation often appears as little more than a convenient legal construct. If a corporation merely exists as a “nexus of contracts,” any larger sense of identity disappears as atomized individual economic actors seek immediate material gains for themselves.

Keywords:   business, politics, business theorists, modern corporation, high finance, global outsourcing, legal construct, economic actors

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