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Stakeholder theory - Political perspective

6 important questions on Stakeholder theory - Political perspective

Elaborate on the political perspective in terms of what it is

The political perspective is the erosion of the states ability to regulate. It argues that more actors are needed to be incorporated.

This new perspective on the role of organizations in society re-evaluates the role of organizations in society, capturing political activities of non-state actors due to global governance gaps (regulatory gaps).

The outcome of the political perspective is a deliberate democracy.

To capture this gap, this perspective focuses on the interaction between corporation and NGO's: multi-level stakeholder approach. Its focused on the democratic embeddedness of organizations.

What is the critique of the political perspective on the problem of ethical perspectives (utilitarianism, deontology and virtue ethics)?

The problem of the ethical perspectives is that it is monological: you take yourself outside of the social world to value a certain behavior.
Discursive deficit; you cannot value behavior monological in a world of pluralism values and cultures. Therefore, a discursive process is needed in which people are supposed to accept the norms are involved.

Pragmatic defict; the connection between management theory and moral philosophy lacks critical analysis of society and its democratic institutions. Justification of normative principles not in philosophy but in democratic procedures.

What is the basic assumption of the political perspective?

The basic assumption of the political perspective is that routines of bargaining, campaigning, voting etc. Are needed for public to be inspired by both process and outcome.

What is the connection of the political perspective with the model of Achterberg and Vriens?

This approach is on a field-level. It's about value creation for a particular network or field.

Conclusion: requirements for a new (political) perspective:

1. Globalized concept of political governance; decentralized authority including non-state actors.
2. A priority of democracy over philosophy
In which its impossible to use universal philosophy rules, because democracy is pluralistic.
3. Normative theory; for the orientation of increasingly political activities of companies.
4. Discursive perspective
Solve normative conflicts and establish legitimacy under conditions of cultural diversity.
Ideal discourse of all stakeholders; interests and arguments should come into play regardless of the actor's base of power.

What is the aim of the political perspective; deliberate democracy? An how do the authors want to make this possible?

The aim of the political perspective is to tie with in:
- The market base competitive economy (the current situation of the market)
- To reach efficiency advantages

Via controlling price system for social coordination.

This is on the field level; so between organizations.

- The market must not be isolated from democratic control and not have processes of self-control
- Political decision making process based on dialogue
- Political co-responsibility --> slow change

The question on the page originate from the summary of the following study material:

Organization and society

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