THE POLITICS INDUSTRY ... FIXING IT ... WHAT SHOULD BUSINESS DO, IF ANYTHING, TO FIX IT?
"Although people tend to think of the American political system as a public institution based on high-minded principles, it's not. POLITICS BEHAVES ACCOR
DING TO THE SAME KINDS OF INCENTIVES AND FORCES THAT SHAPE COMPETITION IN ANY INDUSTRY. Our elections and our legislative systems are drowning in unhealthy competition: The political-industrial complex wins, and the public interest loses. BUSINESS IN PURSUING ITS SHORT-TERM INTERESTS, HAS BECOME A MAJOR PARTICIPANT IN THE POLITICS INDUSTRY, EXACERBATING ITS DYSFUNCTION. We can have healthy competition in politics--results, innovation, and accountability--by redesigning how we vote to connect acting in the public interest with getting reelected. Applying PORTERS FIVE FORCES ANALYSIS illuminates the root causes of political dysfunction and points to the most powerful levers for transformation." Katherine Gehl and Michael E. Porter. Fixing U.S. Politics. Harvard Business Review (July - August 2020).
This link will take you to a video where Katherine M. Gehl (Former CEO and Political Innovation Activist) and Michael E. Porter (Economist and Professor, Harvard Business School) present their perspective on the current situation and their proposed solution:
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