Economic power

[lionheart78]

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.

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[tabas]

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.

[Theones]

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.

[Raceonsucced]

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.

[Swordsoffreedom]

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.

[Silberman]

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.

[Gyfts]

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.

[el kaka22]

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.

[suzanne5223]

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.

[lionheart78]

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.

This is all about governance and I think has nothing to do with political power, but relating to the progress of a country because of good governance, we can see that the economic power of a country will increase which opens the door for stronger political power.

As how the economic power defined:

Economic power is the ability of countries, businesses, or individuals to improve their standard of living. It increases their freedom to make decisions that benefit themselves alone and reduces the ability of any outside force to reduce their freedom.

With this definition, we can say that a strong economic power is a sustenance to a stronger political power since a country with a strong economic power doesn't have to compromise in terms of political power just to have economic support from a foreign country.

[Joshapat]

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.

The most important economic strength must be driven by people who are actively working or investing, and of course state policy is very important to help people become prosperous and able to compete with other countries, my country currently depends a lot on imported products so people often complain about it and often create new problems such as prices which is very expensive.

[YUriy1991]

I'm just trying to add just about your description of the above. and yes, Economic power is a key factor that leads to human progress and development. Economic strength means the ability of a person, group, company or organization to get value for money with the attractiveness factor. Since then every individual has enormous power over other individuals which is seen in the form of economic power.

Economic power is necessary for every other thing we say has power. Whoever the perpetrators, be it the community, the government or the business world, must focus on creating and maintaining economic strength by increasing our income, consumption and investment. A good economy always gives us peace of mind to fight and work for other challenges in life.

[Elpeor00]

The most essential power

More like the only real power

Political power is essentially a way to coordinate, direct and finally take advantage of the economic power of all agents in a given population

Military power is a way to protect economic power, and also a consecuence of said economic strenght

[Ngewex Yuk]

The economy is indeed an effective power to be able to compete, without strong economic power the country will rely on debt and if it fails to pay then state assets can be sold, this has happened in many countries and the latest is Sri Lanka, economic conditions are very chaotic, crime rates rising, unemployment is out of control and many rich people are choosing to leave sri lanka.

[SirLancelot]

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.

But, how can we attain a good economic power if without the help of the items that he listed? Financial is also one the item that is needed in order to have a strong economy. I am not talking about printing more money alone because that can make the economy weaker. They can print more money but as long as other factors are also strong. A good political system is indeed important as well.

We need a good leader in order to make that possible so we people must vote wisely every election and choose only the knowledgeable and non corrupt candidates. Last but not the least is religion but each religion are the same. They only promote one thing which is peace.

[suzanne5223]

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.

The most important economic strength must be driven by people who are actively working or investing, and of course state policy is very important to help people become prosperous and able to compete with other countries, my country currently depends a lot on imported products so people often complain about it and often create new problems such as prices which is very expensive.

Nah, the most important economic strength always starts from the government. You can't expect people to invest or actively work on the economy that won't bring them something and this is the reason why some under develop countries barely see foreign investors who are willing to invest in the country or establish a business that will boost the country's economy.

[Hydrogen]

In terms of economic power I would like to see more discussion on topics like peak oil.

The author of Jurassic Park used to be famous for writing about these types of issues. If I remember correctly, Michael Crichton famously wrote that there might never again be an advanced civilization on earth after World War 3. There are no longer supplies of oil near to the surface which can be extracted with simple mining equipment. Many supplies of metal ore which were easy to obtain in the iron age have been depleted. If we had to rebuild civilization all over again. We could have difficulty or impossibility attempting to do so. As many of the resources we would require are no longer as easy to obtain.

If there ever was a scenario where the world was hit with mass EMP which regressed us back to a pre electrical era. I think its something people might want to discuss as the implications and consequences may not be as widely known as they were in the post 1970s and prime eras of peak oil concern.

[bitgolden]

I'm just trying to add just about your description of the above. and yes, Economic power is a key factor that leads to human progress and development. Economic strength means the ability of a person, group, company or organization to get value for money with the attractiveness factor. Since then every individual has enormous power over other individuals which is seen in the form of economic power.

Economic power is necessary for every other thing we say has power. Whoever the perpetrators, be it the community, the government or the business world, must focus on creating and maintaining economic strength by increasing our income, consumption and investment. A good economy always gives us peace of mind to fight and work for other challenges in life.

I think when a person manages to handle all the economic requirements and needs, as in they have enough to never worry about money ever again, then they could actually contribute to the world and make it better. If you end up with people all around the world who hate what they are doing and just focus on working to make money and survive, how could they make the world a better place, they wouldn't be able to.

However if they do not worry about money at all, sure there will be millions, maybe even billions who will just sit back and watch some movies and do nothing, but there will be so many more people who will develop and improve the world we live in as well.

[slapper]

The backbone of any prosperous country is its economic might. Devoid of it, we are but mere shadows. Nevertheless, our administration continues to disregard this pivotal factor of our community. They allocate funds towards aimless wars and overblown bureaucracies while our financial system flounders. A revolution is in order. We need leaders that are cognizant of the significance of economic power and will strive to enhance it. Our policies should endorse start-ups, cultivate ingenuity, and initiate employment opportunities. It's time to reclaim our economic power and allocate it where it rightfully belongs - in the hands of the common people!

[Moeda]

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.

Everything starts from the economy, a person's influence depends on the level of the economy.
If you go into a warung, and find a group of people talking, you'll see how different the way they talk is. If one of them has a large wallet, he will stand out from the rest.
Likewise with organizations that have sufficient financial support, surely these organizations have a big influence in their environment. The state is also the most important part in terms of economic power, because economic power can influence political power. If economic power is strong, political power is strong, then the cooperative relationship of an institution, or a state can run well, because when talking about politics, this cannot be separated from interests.