Exam 3: Business Power

On the surface level,corporate power shapes society over time through the aggregate changes of industrial growth.

At the _____ level of economic power,the operation of a corporation affects its stakeholders.

Elites challenge the logic of democratic ideology because in spite of being few in number they pilot the vast majority.

_____ are the ultimate arbiters of legitimate behavior and can act forcefully to blunt the exercise of corporate power that harms the public.

According to the _____ theory,business power is counterbalanced,restricted,controlled,and subject to defeat.

Political scientist Thomas R.Dye:

An argument that supports the dominance theory is that there exists a small group of individuals who,by virtue of wealth and position,control the nation.

Activity in the _____ sphere is the primary force of change and from this,change radiates to other spheres.

According to John Locke,for governments the opposite of power is ____,defined as "the exercise of power beyond right."

Political scientist Thomas R.Dye identified an "institutional elite" of individuals who occupied the top positions in 10 sectors.

The strength to act or to compel another entity to act is called power.

Which of the following doctrines held that all persons were created equal and were entitled to the same opportunities and protections?

Discuss Domhoff's,Dye's,and Rothkopf's views on elite dominance.C.Wright Mill's theory of elite dominance continue to study elites and are less reluctant to suggest business dominance.One of them is G.William Domhoff,who,in a series of books,argues the existence of a cohesive American upper class based on wealth,socialization in private schools,membership in exclusive clubs,and occupancy of high positions in business,government,and nonprofit institutions.Within this upper class lies a smaller leadership group,a controlling core of leaders in the corporate community.According to Domhoff,this core is a power elite.Domhoff does not quantify the power elite.Its power can be measured by the maintenance of a pro-corporate environment.Using foundation money,think tanks,lobbying,and campaign contributions it is consistently able to defeat the policy preferences of liberals and progressives who favor income redistribution and greater equality of opportunities. Political scientist Thomas R.Dye tried to identify precisely which individuals made up an American elite.Believing that power comes from leadership in organizations,he identified an "institutional elite" of individuals who occupied the top positions in 10 sectors-industrial,banking,insurance,investments,mass media,law,education,foundations,civic and cultural organizations,and government. According to scholar David Rothkopf,globalization led to the emergence of a transnational power elite or "superclass," operating across borders through "networks of individuals and organizations." The superclass eclipses the power of national elites.It does not rule or conspire,but its dominant business subset,having "more power than any other group on the planet," abets an agenda of oil dependence,free markets,free trade,and military spending.

Corporate actions have an impact on society at two levels.

Several features of American society support the thesis of pluralism.Which of the following is one of them?

In terms of levels of corporate power,on which of the following levels is business power the direct cause of visible,immediate changes,both great and small?

According to sociologistC.Wright Mills,the American society was a pyramid of power and status where a group of elites carried out the lieutenant's policies.

A(n)_____ society is one that has multiple groups and institutions through which power is diffused.

At which level of legal power do industrial activities influence the laws of the society?

The laws of the United States have been shaped by the consequences of the industrial activities.