One cannot overlook the relationship between politics and the economy of
the country. Betterment in economy is always the first priority of every
political party. In past people were of the mind that progress of country only
depend upon the strength of armed force, but now when we talk about the
prosperity, only the word “politics and economy” come to our mind.
The Britain prime minister once said the I have two problems, the
political one and others are economics one. Most of his successors might agree but the two problems are not always as independent as we
imagine. Economics is concerned with manipulating the economy where as politics
is the theory of persuading people by implying power. There is no doubt remain
in saying that politics and economics are linked with each other and one can
say that they are two words with same meaning.
1 comment:
Despite the fact that politics and economics are interlinked in state systems nowadays, this is not to say that the two imply the same meaning. The political power rests with the political elite whereas the economic power with corporations. The two can influence each other greatly but there is a distinction between the two. Economic power refers to power of resources whereas political power is power for the sake of power in terms of authority.
Post a Comment