Even worse, they also deprive minority communities of their fair share of clout.
The schmoozers and deal makers have to share financial clout with the quants, the political machers with the organizers and ideologues, and power of all sorts has become more diffuse.
But thanks in part to what critics describe as an all-powerful domestic lobby, Israel has enjoyed the lion's share of clout in Washington even as the country's government has, in recent years, turned aggressively toward the right.
Had he retained his shares his clout would be undeniable, but without them he may be expendable to the billionaire steel tycoon from Russia.
Active Value has said it opposes a low-priced deal, and with more than 25percentt of Cordiant's shares, has enough clout to block it.
That case is based on jobs, trade, investment and employment rights, as well as the shared values and increased clout of being part of a single market of 500m people.
"The ability of that program to gain incredible market share and have the clout to severely undermine the market is minimized," Robert Laszewski, president of Health Policy and Strategy Associates, a consulting firm in Alexandria, Va., said in an interview.
Most important, though, our exchange failed not because it wasn't needed, and not because the concept wasn't sound, but because it never attained a large enough market share to exert significant clout in the Texas insurance market.
His family retains considerable clout through its share holdings, giving it a say in choosing a new chairman.
Samsung, whose revenues are twice Nokia's, has half its clout as a share of GDP: South Korea's economy is more diversified.
