Is it right to mix up Politics and Business

 

Favor-

 

• Business entities will always back a more capitalistic political group in an open market. The backing is usually in the form of donations.In this way legal and political parties both benefit equally.

 

• Political parties endeavor to collect donations from the public.Business groups can back the favored group, this is their democratic right.

 

• Business acts as the capital driver of the GDP of a country. Industries are regulated by the government policies. In policy formulations business inclusions and deliberations are required.

 

• A business can be proved smart if the person’s views are conservative or liberal and wants to expand the market only to conservative or liberal.

 

• Employment can be extended by collaboration of business and government sectors. It also contributes to filling the skill gap.

 

• Development of many micro, small and medium enterprises have been benefited by several government policies.

 

• Private business ideas are also administered by any of the government policies.This policy facilitates the contact of the private companies with the political parties. This sort of contact helps in developing the firm efficiently.

 

• If business and politics are mixed it will hinder them in fulfilling their Corporate Social Responsibility (CSR). The responsibility includes growth and advancement of their environment.

 

• Villages can be provided with better quality of services and employment. This can be achieved by delineating policies supporting both the corporates and public sectors.

 

• Foreign countries can be influenced by business.Signing of free trade agreements provides smooth business and good relationships between the participating countries.

 

• More friendly connections and better understanding can be established among the workers of a firm if they have the same political views.

 

Against-

 

• Black money can be simply converted into white money as political parties never reveal the names of the donors.

 

• Decisions made by the government can be influenced by the donations.High amount of donations brings a person close to the heads of the political parties.

 

• Government has control over industries like mining, real estate, and fertilizer . This leads to corruption. The political parties speed up the licensing process by taking bribes.

 

• Enhancement of capitalism is the way towards modern society and leads towards the accumulation of wealth for only a few people .Companies try to avoid contact with the villages that are less profitable.

 

• Whenever the private firm starts to take responsibility for the work that the government should be responsible for, the government starts blaming the private firms.

 

• Business and politics should not be mixed up as this has several disadvantages.

 

Conclusion-

 

There should be a healthy cooperation relationship between politics and business that helps in positive development of the society. Business and politics share the same relationship as compromise and mutual understanding.