SELF‐DEFEATING LOBBYING: HOW MORE IS BUYING LESS IN WASHINGTON

The business community has greatly stepped up its political involvement. But the fragmented form of that involvement—in which each business interest lobbies separately for its own parochial goals—has meant a free‐for‐all in which business's collective interests have been the real loser. If it is to avoid the self‐defeating consequences of much of today's lobbying, business must find a way of strengthening its collective institutions, such as the Business Roundtable, the U.S. Chamber of Commerce, the Business‐Industrial Political Action Committee, and the Committee on Economic Development.