The world is a complex synergy of relationships. Among these relationships is the articulation of political values, use and existence in relation to a state’s economic stand. There is relationship between a country’s economy and it politics. This idea is in great support by authors Patrick and Ronald. In their view, the economy is mothered by politics.
Firstly, they pose an argument from the mainstream that suggests that economic functions are natural with function akin to the law of gravity (). They argue that, economic activities depend on the exchange of products. In addition, they suggest that the two aspects are a necessity in life.
Economic institutions are a base in the struggle for freedom and sensitivity; through financial liberation, a person is free of dependence or reliance on another person. The government, which is t the main force in the political arena, is responsible for tax control through parliament acts, property right and trade through formulation of policies, which also involve the members of parliament who are political figures representing citizens (Patrick, Ronald). In another view, the economy is suffering due to wrong decisions made by political leaders. The global recession is an example to this. The political leaders concentrated more on making profits and forgot to govern their countries and provide regulations that will govern a working local economy (Achuthan, Lakshman).
In general the whole idea of this argument is one sided. There is a degree of relation between the economy and political of a country. However, it is not the sole contributor to an economic fall or rise. Many countries have their economy boosted by entrepreneurs and findings, these two have a minimal influence coming from the political field. In my view, putting all hope on politicians for an economic success is the first step in failure.
References
Lakshman, Achuthan and Anvirvan Banerji. "The risk of redefining recession." economic cycle, 1. (2012): 1. <Money.cnn.com>.
O'neil, Patrick and Ronald Rogowski. Essentials of comparative politics. 4th ed. W.W.Norton and company, 2012. Print.
