The
implication of the conflicts of interest from the elected - Executive branch
maintaining private sector business interests while politically leading the
country is the United States becoming more alike the non-democratic countries
that the U.S. is trying to influence with Democratic principles of governance.
International politics have shown the regional differences in governance
systems whereby “family” royalty governance models accumulate resource wealth
of a country while their populations struggle in poverty for basic standards of
living. In such cases capital wealth accumulates within a small percentage of
the population that then attempts to protect such wealth through distribution
management. The impact limits the expanse of economic development among the
population necessary for a vibrant social development and tax base to support
public services.
The
attempts to lead the country through the executive branch of government while
maintaining private sector business interests create opportunities for
non-democratic business norms of “pay to play” accusations where payoffs for
favorable policy and regulatory practices to enhance certain industry dynamics
of benefit to “family” oligopolies. In such environments, Capitalism is reduced
to the exchange of financial capital using industry for wealth accumulation as
opposed to constructing social developments. The effect also destroys the
network of sanctions designed to support the building of Democratic norms where
countries' economic resources are used to further “family” royalty wealth in
lieu of building democratic institutions managing society for the betterment of
mankind. At risk is the moral authority used by the United States to protect
mankind for political influence within international affairs otherwise the
Executive Branch of government is viewed as just another oligopolistic business
family directing international politics.
The United
States economy is also at risk in the current environment of international
supply chains supporting American business within a multitude of foreign
countries from the arrangement of international trade agreements. Because many
of these countries lack all of the democratic institutions of governance,
American corporate leaders are negotiating deals with foreign government
entities for development of their countries in exchange for resources included
in the manufacturing supply chain. Disruptions within any part of the supply
chain impacts the availability of goods which impacts corporate earnings which
in turn impacts stock prices which impacts corporate leadership compensation
and tenure. Actions creating the Executive Branch conundrum by acting as
a CEO instead of leader of a Democracy dependent upon the international
recognition of Moral persuasion in international affairs as well as domestic
leadership of government.
