Big Business

Big Business refers to large scale financial or business activities of corporations.

Characteristics
Arguments in favor of Arguments opposing
Influence over government.
Significant power of big business can function as a check on government activities. Coordinated lobbying of big business may influence government policies in favor of big business.
Influence over economy.
Coordinated influence of big business can create more efficiency in the economy. Profit driven competition of big business may negatively impact the labor, consumers or investors.
Influence over environment.
Coordinated efforts of big business can create awareness on environmental issues. Profit driven activities of big business may significantly degrade the enviornment.

Competing Views...

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Franklin D. Roosevelt: "The liberty of a democracy is not safe if the people tolerate the growth of private power to a point where it becomes stronger than their democratic State itself.", Simple Truths message to Congress, April 29, 1938, [URL]

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