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Topic: Economic power - page 5. (Read 756 times)

hero member
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March 05, 2023, 11:45:47 AM
#29
Economic power is something beneficial when we talk about the growth and development of a setting, individual, and country but the level of economic power depends on raw materials/skills, physical capital, manpower, and entrepreneurialism.
However, 99% of the economic kwashiorkor of every country is caused by the government's naiveness in decision making on raw materials and printing of more fiat currency every year.
legendary
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March 05, 2023, 04:41:22 AM
#28
I think having a good economy could be done by selling stuff to other nations, that is the biggest and most important thing for any nation. Look at USA, they end up selling so many stuff, because they are rich with not just resources, which they do have, but they are rich with companies who sell a ton of stuff to the world.

Look at biggest companies by marketcap it is apple, google, Microsoft, Amazon, hell even Berkshire Hathaway, tesla, NVidia, Exxon, Facebook. All of these are American, and yes there are a few Saudi oil company or TenCent or something like that here and there, but overall USA has the biggest advantage, and that is why it is pretty important to sell stuff to the world, take money from them, and bring it inside your nation.
legendary
Activity: 2828
Merit: 1515
March 05, 2023, 04:27:42 AM
#27
I think "means to produce" might be a better term here.

A good economy and the emergence of a strong political power normally stem from being able to produce something. It is normally either food, good transport links or exports.

The strong political power can come first and adopt free markets, from which a good economy will follow.

Venezuela was able to produce oil but their country sank into debt once the oil prices crashed and there wasn't enough money being generated in the private sectors. Of course Venezuela was an attempt at a socialist nation which had shunned the private enterprise entirely.

Israel early on in its development was a free market economy by technicality but rose to participate in the global economy once they began to adopt free markets by decreasing social welfare. Benjamin Netanyahu in the late 90's was a proponent of such principles.
legendary
Activity: 2534
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March 04, 2023, 11:07:08 PM
#26
The economy has a big influence on politics as well as society. Even though economics and politics are 2 different things, they both work independently and have their own goals. But in the development of economic and political systems mutually support each other.

 So, in essence, economics and politics influence each other.
They are supposed to be independent from each other so those that are rich do not manipulate the laws to benefit them unfairly, but obviously this never happens, politicians by default are looking for power and the rich are looking for the influence of politicians, so very quickly they make a deal and both of them join hands and begin to move the country and their citizens towards their desired goals, however despite their power this cannot last forever either as they cannot ignore their population for so long and still hope to remain in power.
legendary
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March 04, 2023, 09:56:23 PM
#25
The most essential power of any individuals, organization, industries, churches, government, and nations is truly rely on the wings and Caprices of economic power.

Political power is good but political power can not survive without good economic power, political power is irrelevance if there is no good economy situations of any firm. It takes the economic power to build every other aspects of life.

Even government can not operates effectively if they lack or suffered economic kwashiorkor. Smooth organization operates as a function of good economy situations. When you economic power is stable and dignified, the evidence of Man's labour becomes very easy.

Exactly, economic power creates political power. Do we see any poor countries in the world that have strong politics? The US is the country with the largest political power in the world because it has a leading economy in the world, in recent years, China's economy has also developed strongly, and their politics is also increasingly influential in the world. While poor third world countries do not have any significant political power. It can be seen that the economy is what determines everything.
member
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March 04, 2023, 07:07:43 PM
#24
The economy has a big influence on politics as well as society. Even though economics and politics are 2 different things, they both work independently and have their own goals. But in the development of economic and political systems mutually support each other.

 So, in essence, economics and politics influence each other.
full member
Activity: 1204
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March 04, 2023, 06:54:10 PM
#23
The most essential power of any individuals, organization, industries, churches, government, and nations is truly rely on the wings and Caprices of economic power.

Political power is good but political power can not survive without good economic power, political power is irrelevance if there is no good economy situations of any firm. It takes the economic power to build every other aspects of life.

Even government can not operates effectively if they lack or suffered economic kwashiorkor. Smooth organization operates as a function of good economy situations. When you economic power is stable and dignified, the evidence of Man's labour becomes very easy.
If the government is strong and honest- the country progress. In our country - the government is very corrupt.
Yesterday I read in news - UAE passport is the most powerful passport in the world. They have built empire on sand.
hero member
Activity: 3024
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March 04, 2023, 05:06:53 PM
#22
Status of a country's economy shows how good the governance is there. And as we know, even the first world countries today are feeling the problem regards to the situation of their economies. But despite that there have been troubles, the best of the best would find their way to recover and be back to their former status. A leader that has a political will to serve its people should be the first and foremost reason why he's in his position, without the support of their constituents they can do nothing for sure. Going to the actual power from a country that uses economic power, we already saw it happen to Ukraine and Russian war, where world leaders have placed economic sanction to Russia.
legendary
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March 04, 2023, 04:18:28 PM
#21

Political power is good but political power can not survive without good economic power, political power is irrelevance if there is no good economy situations of any firm. It takes the economic power to build every other aspects of life.


On the opposite it is not that way rather the other way round at least in this modern situation. Political power is now showing to be more powerful than economic power. Political power covers also decision making. So whoever has political power can take a decision against he who has economic power which is the money. In the real sense to have economic power, you have to involve in some kind of business or investment but that investment area can be rendered useless, unimportant or just very little profit that will be frustrating to the business owners by the decision made politically by those in power or parliament. It is a simple analysis that can be made broad and reference to our daily economic life in different countries. If there are no good economic policies for investment and businesses to grow then they will remain stunted.

We might see it that way but behind the scene those who have the economic power has great influence over the one who has the political power.  Politicians are supported by wealthy merchants, and obviously, money works here. Because Politicians know that without the support of merchants, the countries economic power will collapse and with it the Political power of a country will also get affected.  I do agree that the strength of the economy dictates how influencial its political power is.


Even government can not operates effectively if they lack or suffered economic kwashiorkor. Smooth organization operates as a function of good economy situations. When you economic power is stable and dignified, the evidence of Man's labour becomes very easy.


No, it is the government that make decisions for business environment.

The truth is they just made it formal by having the approval of the government but it is the wealthy people who are dictating behind the scene.
legendary
Activity: 3052
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March 04, 2023, 02:44:03 PM
#20
economic power will be able to bring everything that can move to achieve the desired goal, it is believed and it cannot be denied. but it must also be remembered that economic power cannot move if there is no political power to accompany every step that will be taken. it has been proven that there are still many developing countries, with political power capable of making all submit and cannot be evaded by this political power, everything is regulated and directed according to the wishes of those in power who have political power.
I think the saddest part about this is the fact that there are so many nations that could grow and be better, there are hundreds of millions of people who could live a better life, and only thing between their goals and better life is the corrupt officials and governments.

There are governments who prefer to keep the nation doing not so great, because if you turn the nation into a great place, then they will ask for more, and constantly require to get better. Whereas if you keep them at low, then you teach them how to be grateful for even the smallest things while you personally get super rich. That's why it's obvious that we are talking about a worse world than we could potentially have.
sr. member
Activity: 826
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March 04, 2023, 08:12:49 AM
#19
The most essential power of any individuals, organization, industries, churches, government, and nations is truly rely on the wings and Caprices of economic power.

Political power is good but political power can not survive without good economic power, political power is irrelevance if there is no good economy situations of any firm. It takes the economic power to build every other aspects of life.

Even government can not operates effectively if they lack or suffered economic kwashiorkor. Smooth organization operates as a function of good economy situations. When you economic power is stable and dignified, the evidence of Man's labour becomes very easy.
America survives as the strongest country because their economy is very strong, they have the confidence to play global politics because they control most of the world's economy, the economy is the basic force to increase influence and power over everything, someone with a strong economy will easily get the trust of other people because he is seen as capable of managing the wealth he owns, as well as countries and organizations if they don't have a good economy it will be very difficult to process and develop or implement the vision and mission they create.
hero member
Activity: 686
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March 04, 2023, 02:28:00 AM
#18
The most essential power of any individuals, organization, industries, churches, government, and nations is truly rely on the wings and Caprices of economic power.

Political power is good but political power can not survive without good economic power, political power is irrelevance if there is no good economy situations of any firm. It takes the economic power to build every other aspects of life.

Even government can not operates effectively if they lack or suffered economic kwashiorkor. Smooth organization operates as a function of good economy situations. When you economic power is stable and dignified, the evidence of Man's labour becomes very easy.
Economic power is the wheel of other forms of power because without it other forms of power will be impotent. The other forms of power need financial power to function which is why other forms of power always want to attract economic power. But it is also important to state that political, economic religious, social, and others at interconnected and interdependent. If the political system in a country is bad, the economy of the country will also be affected negatively. When religion promotes peace and justice, society will be a better place.
sr. member
Activity: 518
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March 03, 2023, 11:58:48 PM
#17
The most essential power of any individuals, organization, industries, churches, government, and nations is truly rely on the wings and Caprices of economic power.

Political power is good but political power can not survive without good economic power, political power is irrelevance if there is no good economy situations of any firm. It takes the economic power to build every other aspects of life.

Even government can not operates effectively if they lack or suffered economic kwashiorkor. Smooth organization operates as a function of good economy situations. When you economic power is stable and dignified, the evidence of Man's labour becomes very easy.
if you think about it, life in this world does require economic stability.
politicians also work for economic welfare, traders, businessmen, employees, and even presidents.
everyone wants to prosper their respective economies,
if you think about it, everyone is very individual, but to achieve all that sometimes it takes strong cooperation.
legendary
Activity: 2576
Merit: 1860
March 03, 2023, 11:47:24 PM
#16
While I don't think money is everything, money is indeed king, that is, if we talk of power. As unfortunate as it may seem, money can actually buy you almost everything. That is true to the level of individuals, organizations, countries.

Political power only follows money. So from local politics up to the national and international politics, economic power is the king. With economic power comes political power. While that may not be absolute, it is easily observed around to be the case.
legendary
Activity: 2576
Merit: 1655
March 03, 2023, 08:04:59 PM
#15
The most essential power of any individuals, organization, industries, churches, government, and nations is truly rely on the wings and Caprices of economic power.

Political power is good but political power can not survive without good economic power, political power is irrelevance if there is no good economy situations of any firm. It takes the economic power to build every other aspects of life.

Even government can not operates effectively if they lack or suffered economic kwashiorkor. Smooth organization operates as a function of good economy situations. When you economic power is stable and dignified, the evidence of Man's labour becomes very easy.

I think this is very evident on those countries that have been destroyed by wars, specially WWII. There are countries in Europe that are devastated but was able to recover in short amount of time, maybe they have  good leaders, but still though they have to produce something within inside and transform it as their best assets and then export it somewhere else. I still remember my history teacher in HS about this one, it is still the people and how they are going to produce that will help countries to recover from devastation and I think still applies up to this day.
hero member
Activity: 1708
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March 03, 2023, 01:48:22 PM
#14
Because the economy is the biggest force in life, that's what makes the economy the main key in a life. Even now colonizing is no longer in the form of taking up arms or war, but with the economic power of a country it can "colonize" more subtly. With economic strength a country can have diplomatic cooperation and that can make a country's politics even better.
legendary
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March 03, 2023, 01:44:29 PM
#13
When you economic power is stable and dignified, the evidence of Man's labour becomes very easy.
This is so true, most especially, this last part, this is something many of us have experienced I believe, working hard in a country where it's economy is shattered will take more than triple effort to at least, see a little result of one's labor.
This I believe is one of the reasons why many people leave their country, travel to other countries in search of a greener pasture, if the government of a country can achieve a good and a stable economy for its country, I tell you that 50 percent of that country's problem is solved, this is also same for churches and other organizations.
legendary
Activity: 1456
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March 03, 2023, 01:00:35 PM
#12
Political power is good but political power can not survive without good economic power, political power is irrelevance if there is no good economy situations of any firm. It takes the economic power to build every other aspects of life.

Even government can not operates effectively if they lack or suffered economic kwashiorkor. Smooth organization operates as a function of good economy situations. When you economic power is stable and dignified, the evidence of Man's labour becomes very easy.
When you refer to economic power, you refer to the availability of money, because you cannot talk about the economy without mentioning money. No matter the kind of power any government has, they need finance to execute whatever is planned and finance to also manage things. Money is powerful and any country that has unlocked how to stay in abundance of money is usually a powerful and influential country and can afford to use the influence of their economy to improve their military power and political influence. I agree with you that economic power is perhaps the most important.
hero member
Activity: 1344
Merit: 565
March 03, 2023, 12:34:35 PM
#11
I think "means to produce" might be a better term here.

A good economy and the emergence of a strong political power normally stem from being able to produce something. It is normally either food, good transport links or exports.
Definitely. A good Government will always want to take its economy to a Production economy which in turn strengthens that economy. An economy that is not able to use its resources for optimal productivity will certainly reflect in its relevance within nations and that too affects its political power or relevance.

On the opposite it is not that way rather the other way round at least in this modern situation. Political power is now showing to be more powerful than economic power. Political power covers also decision making. So whoever has political power can take a decision against he who has economic power which is the money. In the real sense to have economic power, you have to involve in some kind of business or investment but that investment area can be rendered useless, unimportant or just very little profit that will be frustrating to the business owners by the decision made politically by those in power or parliament. It is a simple analysis that can be made broad and reference to our daily economic life in different countries. If there are no good economic policies for investment and businesses to grow then they will remain stunted.

I think you are looking at it from a micro perspective. In a broader sense, Say a country that doesn't have any resources and really doesn't generate much revenue, what type of political power could they possibly have amongst their pair nations  Huh   
hero member
Activity: 1778
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March 03, 2023, 12:01:57 PM
#10
Political power is good but political power can not survive without good economic power, political power is irrelevance if there is no good economy situations of any firm. It takes the economic power to build every other aspects of life.
Many countries were unable to dispel the recession and resulting inflation due to weak sources of economic income, political power is closely related to economic strength and even the smallest source of economic income is supporting everything, without economic strength everything else would appear weak and dysfunctional.

It can be concluded that the economy is an important foundation for a country's journey, without strength in this sector, the country will look so weak in the eyes of the world.

Even government can not operates effectively if they lack or suffered economic kwashiorkor. Smooth organization operates as a function of good economy situations. When you economic power is stable and dignified, the evidence of Man's labour becomes very easy.
Economic power can never be matched by political influence, because countries will look strong if their economy is at an established stage. The government will not be able to operate if economic resources are not healthy and vice versa all the things you mentioned must go hand in hand, because all this support is needed by the government in carrying out the state system.
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