Group interests theory

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The interest group theory or capture theory has its roots in the Marxian thesis about subordinating social institutions to the interests of the capitalist class. The theoretical extension of the theory was made in the public choice school initiated by Downs (1957), Olson (1965) and Buchanan and Tullock (1962). According to the theory of group interests, state activities are the result of the interests of individuals or groups. The name of the theory is to emphasize the fact that politicians who should be promoters of the public good are often subject to pressure, putting them in the background. Thus, in this theory, groups of social actors, by their organizations (eg trade unions, political parties, etc.), adopt a self-interested intervention by the state. Each of these groups may attempt to exert influence over the activities of the state in a variety of ways: - in matters of general state policy, eg on the application of either expansion or restriction policy, or the choice of tools to implement that policy, which may carry different sequences for different groups. This type of intervention will be targeted by larger groups that have the opportunity to gain broad public support on a given issue; - on issues that are more specific, including selective interventions (eg regional or sectoral policies, protection of selected sectors of the economy, etc.). Ways of influencing groups on state authorities

Groups can influence state governments in many ways, such as "selling" votes, personal relationships with politicians, promoting their goals in public campaigns, resorting to corruption, offering politicians and government officials lucrative post-employment jobs. / p> Public choice theory and the Chicago skyline

Many groups of interests have been identified. The most important are: the theory of public choice and Chicago's current. These theories are not derived from political science nor from Marxism. In addition, despite many similarities with group interest theory, they use different methodologies and other modeling approaches. Therefore, they should be regarded as completely separate currents in modern economics. Bibliography

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