Discussion Post

Read pp. 145–150 of Exxon and the Control of Oil. Your instructor will designate whether you are to support the position of either the pluralist theory or dominance theory of business power.

From the perspective of the theory which you have been assigned, consider the following prompts in your initial post:

With reference to the seven levels of corporate power addressed in the text, how did the power of Standard Oil change society?
Was the power exercised in keeping with the social contract of Rockefeller’s era?
Does the story support the position of either the pluralist or dominance theory of business power?

Also in your post, state which theory (pluralist or dominance) you personally ascribe to. Did the arguments you read on this discussion topic change your perspective?

Answer preview……………….

Discussion Post

In the assigned reading, pages 145-150 delve into some of the actions of energy corporations and how they have been portrayed in the public realm. Most energy companies are portrayed to cause damage to the environment and society without assessing the manner in which they provide energy that is used to power the economy and also change our lives in many ways. In reference of the seven levels of power at the corporate level, the power of Standard Oil had huge implications on society (Pratt, 2012). Standard Oil defied the power of the Mexican government in regards to taxation, ownership of rights, and treatment of labor. When a company………………….

APA 329 words