Aristotle, in his classical work - The Politics - defined three methods of power within the state: Monarchy - the rule of one person, Aristocracy - the rule of few people and Democracy - the rule of many. For many years political theorists accepted this Aristotelian view of power. In modern times, however, political theorist find this description insufficient and they are ... Miliband, 1969, p.23 - 48). Businessmen, according to Miliband, despite of them trying to distance themselves from politics, are well immersed with politics. In the United States, in between 1889 to 1949, businessmen wer...

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