Interest Group Participation

04/11/2013 14:57

by Paul J. Dejillas

Interest groups play a vital role in economic and social transformation because of their common concern to respond to the problems of unemployment, inadequate income, and social insecuri­ty. But on the macro‑economic level, they operate from a position of weakness. As market participants, they are hardly organized, possessing very little of the skills and capital required for productive investments and sustained growth. Because of this, some would categorically say that interest groups, on their own, are unable to make a significant impact on the market. [Read more] ...