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Topic: Economic power - page 6. (Read 756 times)

hero member
Activity: 2800
Merit: 595
https://www.betcoin.ag
March 03, 2023, 10:50:50 AM
#9
It is not necessary that governments sometimes use the economy as a weapon, as they force societies into extreme poverty, and therefore they are ready to accept any kind of basics as economic successes for the government. In countries, providing a loaf of bread is a political and economic victory for the government, and providing medicine and others.

So it is a weapon in both ends.

It's been known that the West is financially sanctioning different countries because they own the widely used financial system. But with the existence of economically powerful countries like China, the sanctioned countries already have options to whom they could ask for loans. It is the world we know today.

When a country is able to provide for itself and provide products from its resources like China, it becomes independent. And will start investing in other countries and gain political allies. And just like an individual who has a good steady job and is financially independent, he can think of the welfare of his family.
sr. member
Activity: 644
Merit: 262
March 03, 2023, 10:22:37 AM
#8
In theory we can can see a lot of influence the economic power has on society but practically the political is the machinery that control the way the economical should go. I use my country for example, the government introduced a redesigned fiat currency notes thereby given a policy order to retrieve the old notes in addition to a cashless policy that place restrictions to limited amount of transaction daily. All of these policies and procedures have introduced a lot of controversy from different quarters of the economy. To cut the whole story short, it exposes a lot about how economic power is derived through political power as the political controls the economical.
hero member
Activity: 812
Merit: 560
March 03, 2023, 10:03:18 AM
#7
We cannot compare economical power to the political power because they all have their own influence and scope they covers by making change to occur through the economy, this all begins with individuality contributions towards the fast growth of the system put in olace by the governing authorities, when we adhere strict to the planning and partke in every efforts centered at improving the economy, power won't be vested on one side.
hero member
Activity: 1974
Merit: 586
Free Crypto Faucet in Trustdice
March 03, 2023, 09:40:56 AM
#6
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.
You are right that basically the economy is the main pillar that must be controlled properly, in other words a strong state is with abundant economic power and proper management. The role of politics is to play its role where mobilizing the economy needs to ride on and this is where politics does its job properly with diplomacy to outside regions or countries to have good economic relations. So that cooperation is established to achieve a balance with each other.
legendary
Activity: 1596
Merit: 1288
March 03, 2023, 09:11:59 AM
#5
It is not necessary that governments sometimes use the economy as a weapon, as they force societies into extreme poverty, and therefore they are ready to accept any kind of basics as economic successes for the government. In countries, providing a loaf of bread is a political and economic victory for the government, and providing medicine and others.

So it is a weapon in both ends.
sr. member
Activity: 2366
Merit: 332
March 03, 2023, 06:28:58 AM
#4

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.


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.
sr. member
Activity: 2422
Merit: 267
Hire Bitcointalk Camp. Manager @ r7promotions.com
March 03, 2023, 03:05:02 AM
#3
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.
totally agree, 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.
copper member
Activity: 2856
Merit: 3071
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March 01, 2023, 10:18:45 PM
#2
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.
jr. member
Activity: 104
Merit: 9
March 01, 2023, 09:51:42 PM
#1
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.
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