Outline Pages 479 to 489 - Entrepreneurial Politics i In...

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Dan Herber AP US Government and Politics May 12, 2009 Pages 469 to 479 I. The Case of Business Regulation A. Introduction i. Many people think large corporations are a threat to popular rule B. Majoritarian Politics i. From time to time, laws are passed that reflect the views of a majority of voters that is neither imposing its will on a hostile business community nor acceding to the desires of a privileged industry ii. Antitrust enforcement is big C. Interest Group Politics i. Organized interest groups are very powerful ii. Regulatory policies confer benefits on a particular group and costs on another, equally distinct group D. Client Politics i. Supposed to “capture” the agency that is supposed to do the regulating ii. Regulations can sometimes be a benefit such as with milk and sugar E.
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Unformatted text preview: Entrepreneurial Politics i. In the 1960s and 1970s, many environmental and consumer protection laws were passed ii. Not all regulations of business are helpful for the public nor are the costs on the businesses that great II. Perceptions, Beliefs, Interests, and Values A. Introduction i. Perception is the key to the enthusiasm of advocates of a policy ii. The here-and-now argument is when views about the present and near future are far more important than the distance future B. Deregulation i. Airlines have become deregulated and prices have dropped ii. Regulations can hurt consumers by keeping prices too high iii. Process regulation- rules governing commercial activities designed to improve consumer, worker, or environmental conditions...
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