What is the role of corporate interests in modern democracies Essay

What is the role of corporate interests in modern democracies - Essay Example In principle, every corporate get organized and compete for the influence (Lindblom, p.4). Political and economic powers are open to multiple corporate groups that feel strong enough to have pressure on them. The proponents of the pluralism theory operate within the modern democracies and has plays many roles. Corporate groups from a mechanism through which the ideas, views and needs of the citizens are made known to elected leaders in most countries. In the United States, both the formal and informal traditions provide fertile ground for the corporate groups. In United State, the interest group exerts the pressure on the government because of relatively weak political parties due to separation of powers between legislative and executive branches. In Great Britain, the prime minister to hold office depends on the majority support; parties exert control over legislation process and public policies process. Each legislature forms a winning coalition with his state. The system encourages decentralization of political power to state and localities (Lindblom, p.14). The business corporate group plays a great role in the democracies. Large multinational corporations bring enormous resources to bear on political goals. Because the elected leaders are economically accountable to the state, they are keen to avoid anti-business policies that can destroy the performance. The business interest groups represent views of the entire industry in the political process. Corporation also supports other groups that speak the whole business community. Individual companies also directly lobby for legislation and channel millions of dollars into champagne trails of their favorite candidate. Labor unions gained a significant place in United States politics in the 1930s. The National Labour relation Act enabled the unions to grow faster because of the protective nature of the act and the possession of collective bargaining. This applies to most countries where the labor unions are