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Government Interest Groups

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The effect of the interest group on any scale is both undoubtable and enormous. However, in a presidential campaign, and even more so in a presidency, their impact is exponentially greater than it would be in a local or state government campaign. Throughout history, interest groups have made possible and greatly influenced campaigns and therefore, their subsequent presidencies. By donating millions upon millions of dollars to fund candidates, interest groups, whose members usually include multi-billion dollar corporations or billionaires, essentially gain a substantial voice in important political decisions that may influence the entire country. There are seldom any campaigns that do not receive support from immensely powerful interest groups, …show more content…

There are several different types of interest groups, including the economic or business interest groups, public interest groups, religious interest groups, governmental interest groups, ideological interest groups, and single-issue interest groups. A public interest groups is the most common type of interest group, which is supposed to be built not to be partisan, or expect any profit from changing public policy, and like the name insinuates, is run by the people, and for the people. Another important type of interest group are governmental interest groups, these are usually local or …show more content…

Often dubbed “special’ interest groups, these groups that represent corporate interests are natural deterrents to productivity, technological advancements, and overall growth of a country. To prove this, one 2011 study explored the relationship between special interest groups and the growth of a nation, and found that “interest group activity reduces capital accumulation as well as innovation, and thus exerts a ‘sclerotic,’ or harmful, effect on growth” in a study that spanned “87 nations”.(Coates) They measured the GDP of these countries, and compared them based on their economic power, location, issues, and the growth trend of each individual country. Their results were significantly conclusive, as they found “a negative and statistically significant relation between [interest] groups and capital stock growth and productivity growth”. Ironically, these corporations praise capitalism and only exist because of it; however, their political activity negatively affects stock market trends, growth, productivity, and a nation’s economy as a

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