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Topic:

Political and economy. Why are there conflicts between politics and economics?

Essay Instructions:

1-Why there are conflicts between politics and economics? Explain

2-Which type of mercantilism highly favors individual interests? Explain



P.s each question one page

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December 2, 2020
Mercantilist Theories
1 Why are there conflicts between politics and economics? Explain
One of the most common ideas among people is that economics and politics are intricately related to one another. These two fields of thought must be married to achieve the best possible outcomes for the individual and the State. However, scholars, practitioners, and bureaucrats alike debated the relationship between politics and economics for several reasons.
One of the reasons why there is a conflict between politics and economics is that practitioners treat them as exclusive entities, although both intersect. For example, the idea that economics should not deal with politics is flawed because of their intersections in practice. Although it is politics that deal with the 'relationships of the State and the citizens', it must be noted that it is the former which imposes and collects taxes from the latter. Another example of this is the reality that economic determinations and policies are highly affected by individual actions. This could be seen in the 'destructive power' of individual and social entities that must be considered when drafting economic policies for the State's growth.
All in all, it could be seen that the central conflict between economics and politics lies in the discrepancy between the idea and reality of these fields. In theory, some people believe that politics could be separated from economics. Thus, separate departments and governmental organizations are created for each of these highly specialized fields. However, in reality, it could ...
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