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Is the money the most important source of power in international politics - Essay Example

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Individuals with economic power have a greater chance of gaining political power. This discussion is critically focusing on how money has become a crucial aspect for political power both…
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Is the money the most important source of power in international politics
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Is the money the most important source of power in international politics

Download file to see previous pages... The executive branch of government excessively controls these powers. State ownership in the economy links both the political and the economic power in Ukraine, hence generating some possibility for those with political power to convert into economic power. But the influence runs the other ways as well. Money can create some influence in the broke society. Furthermore, campaign finance laws, enforcement of bribery laws which are the status and enforcement of laws governing the use of money in the politics are weak. Those who are wealthy can easily convert into political power, mostly by obtaining the parliamentary seats in the Ukraine; this has been closely related to the New York Stock Exchange which is the centre of the country’s business dealings. Due to the conspicuous link between the political power and the economic power, they both strengthen each other, and the tendency becomes almost identical to that in Russia. The benefit of wealthy is becoming politically powerful is not different in Ukraine, as revealed by United State former president’s family Bush or Silvio Berlusconi in Italy. But in Ukraine there are no significant barriers to using money to gain political power and this is an extraordinary capacity to use political power to make money (Brix, 2014, pg. 54).
The link relating money and political influence has significant effects. Since economic power produces the political power, a way to wear down an opponents’ political control is by violating their economic base. However, because economic and political powers are associated, the mostly concerted allocation of economy power, as they use their power in authority to scramble for themselves and to exclude others. Possibly this is the main difference between the states like Ukraine and states that have attained liberty democracy, which the link in two directions between economic and political power are loose enough such that ...Download file to see next pagesRead More
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