The relations introduced in Chapter 3 could be represented mathematically as follows:

(1)

Gb, Gt, and Gl are the gains/losses from industrial policy of, respectively, entrepreneurs, tycoons, and labor. C and W are changes of policies that are related to competition and welfare benefits, respectively. αb and αt are the effects of changes in competition policies on entrepreneurs and tycoons, while γb, γt, and γl are the effects of changes in welfare policies on entrepreneurs, tycoons, and labor, respectively.

Nonstate collective actors have the following comparative power depending on two independent sources of power:

(2)

Pb, Pt, and Pl are the total power of entrepreneurs, tycoons, and labor, respectively. Subscripts (s) and (n) are referring to the power of each of entrepreneurs (B), tycoons (T), and labor (L) with respect to the state and other nonstate actors, respectively.

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