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Large Business in Higher Levels of US Authority Example of D. Trump

Journal: RUDN Journal of Public Administration (Vol.7, No. 3)

Publication Date:

Authors : ; ;

Page : 226-238

Keywords : USA; business; politics; elites; TNCs; D. Trump;

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Abstract

This article discusses one of the key components of the mechanism of formation of the ruling elites in the United States - economic. Representatives of large business, financial circles and political clans, capable of fighting for power and possessing the necessary resource base and tools, form elite groups. The authors focus on the study of US large business as a supplier of “cadres” for the American political elites that determine US domestic and foreign policy. In their work, the authors set the following tasks: to analyze the mechanism of the formation of political elites in the USA; to consider the experience of Trump Organization in the context of the acquisition by her leader of the highest political status in the USA in 2016 and the prospects for his re-election to this post in 2020; to assess the role of large business in the formation of political elites in the United States. To achieve the objectives, the authors used a few methods of political science: structural, systemic, functional, comparative and historical methods. The methodology of economic science was also involved: the method of scientific abstraction, the method of normative and functional analysis. The study, in its conceptual basis, is based both on the theory of political elites and on the economic theory of competition.

Last modified: 2020-09-10 05:03:24