Models of government–business relations: Industry policy preferences versus pragmatism

Abstract

Models of governmentbusiness relations: Industry policy preferences versus pragmatism Michael de Percy 9. MOdELS Of gOvERNMENT-BuSINESS RELATIONS relations, especially in cross-national comparative work, and also for my approach to teaching the subject to first-year students (Stilwell 2006, 49-52). Stilwell's model is founded on the private ownership of the means of production, with a distinctive ideology and a distinctive role of the state that shape the labour, financial, land and property, and goods and services markets, all of which have an expansionary tendency. Using Stilwell, I introduced students to a history of political and economic ideas, the major political ideologies, comparisons of national industrial cultures and how these impact ways of organising markets, political parties' preferences in relation to trade agreements and industry policy, how governments regulate for externalities, the impact of globalisation and international institutions, and later the links between the public, private and voluntary sectors and the impact of climate change.