Lobby Definition - Investopedia
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A lobby is a group of people who band together and try to influence people in public office and politicians. · The term may also allude to the action of exerting ... Business MarketingEssentials WhatIsaLobby? Thetermlobby referstoa groupofpeoplewhobandtogetherandtrytoinfluencepeopleinpublicofficeandpoliticians.Alobbyistypicallyformedtoinfluencegovernmentofficialstoactinawaythatisbeneficialtothelobby'soranindustry'sbestinterests, eitherthroughfavorablelegislationorbyblockingunfavorablemeasures.Thetermisalsousedasaverbtodescribetheinfluencethatagroupofindividualsexertsoverotherpeople. KeyTakeaways Alobby isa groupofpeoplewhobandtogetherandtrytoinfluencepeopleinpublicofficeandpoliticians.Thetermmayalsoalludetotheactionofexertinginfluenceonpublicofficials.Lobbiesareformedtoinfluenceofficialstoactinawaythatisbeneficialtothelobby'sbestinterests, eitherthroughfavorablelegislationorbyblockingunfavorablemeasures.Lobbyistsarecommonlyheldinanegativelightbecausetheyareseeminglyabletocircumventthedemocraticprocess. HowLobbiesWork ThetermlobbycameintouseintheAmericanpoliticallandscapeinthe1800sinU.S.statehousesinthenortheast.TheveryfirstlobbyintheUnitedStatesCongresswastheroomoutsidethechamber,whichwasoneoftheeasiestplacestorunintoHouseRepresentatives.Thiswasgenerallywherepeoplewereabletomeetwithpoliticians,havetheirsay,andtrytopersuadethemtovoteacertainway. Althoughnooneholdsmeetingsinthisphysicallobbyanymore,theterm'smeaninghasshifted.Asmentionedabove,alobbyisagroupofindividualsorcompaniesthatusetheirinfluenceoverpublicofficials.Italsomeanstheactionoftryingtoexertinfluenceoverotherindividuals.Lobbyistsareparticularlyactiveandwell-fundedbycertainindustries,notablypharmaceuticals,oilandgas,insurance,aerospaceanddefense, utilities,banks,andrealestate. Lobbiesandlobbyistsarepaidsubstantialamountsofmoneybytheirclientstoswaythedecisionsoflawmakerstopassadvantageouslegislationfortheindustriestheyserve.Becauseoftheinfluencetheyexertandtheamountofpowertheyhold,theyareoftenseeninanegativelight.That'sbecauselobbiescanoftencircumventthedemocraticprocessandcommonlyconductwhatmostpeoplecallback-officedeals. Putsimply,manycitizenslikentheiractionstobribery,promisingpoliticiansfinancialsupportandbackingduringtheirpoliticalcampaignsinexchangeforvotesonlegislation. Itmaynotseemfairtotheaveragecitizenthataninterestgroupcanseeminglybuyavote,butthatishowit worksinpolitics.Despiteanti-lobbyingrhetoricspewedbymanycandidatesonthecampaigntrail,thecandidate,ifelectedintooffice,doeslittleornothingtoputanendtospecialinterestmoney.Infact,thesepoliticiansoftenexposethemselvesashypocriteswhentheyacceptdonationsfromlobbies. SpecialConsiderations LobbyistscrawlingaroundWashingtonD.C.andstatecapitalsmayserveapositiveroleinilluminatingorclarifyingissuesgermanetoindustriesorprofessions,buttheyaregenerallyviewedpejorativelyasspecialinterestgroups.Butpractical-mindedpeopleshouldnotethatcompetinginterestsinademocraticprocessisnatural.Wherelinesmaybedrawn,however,areincasesthatareconsideredharmfultosocietybyamajorityofAmericans. Althoughtheyaregenerallylookeddownupon,somelobbiescanhaveapositiveimpactonsociety,suchasthosetiedtoenvironmentalgroups,education,andhumanrights. Forinstance,thereisadebateaboutwhether gunsandtobaccofitthiscategory.Thesamegoesforprocessedfoods,sugarydrinks,andexpensivedrugs.Somedonotlikethelobbiesthatpushtheiragendas.Also,ifalobbysimplyoutspendsacompetinginteresttogetwhatitwants,thequestionoffairnessarises. Therearelobbies,ontheotherhand,thatareseenaspositive—evenasessential—wherethepublicgoodisconcerned. Theselobbiesaretiedtoenvironmentalgroups,education, andhumanrights,tonameafew.Theselobbieswon'tbeaswell-fundedastheindustriesandinterestgroupsthatopposethem,butatleasttheyhaveavoice. ArticleSources Investopediarequireswriterstouseprimarysourcestosupporttheirwork.Theseincludewhitepapers,governmentdata,originalreporting,andinterviewswithindustryexperts.Wealsoreferenceoriginalresearchfromotherreputablepublisherswhereappropriate.Youcanlearnmoreaboutthestandardswefollowinproducingaccurate,unbiasedcontentinour editorialpolicy. UnitedStatesHouseofRepresentatives."LobbyingintheLobby."AccessedNov.13,2020. RelatedTerms WhoIsMichaelBloomberg? MichaelBloombergisabillionairebusinessman,publisher,andphilanthropist,andaformermayorofNewYorkCity. more Accountability:Definition,Types,Benefits,andExample Accountabilityistheacceptanceofresponsibilitytowardsotherparties.Readaboutcorporate,government,andpoliticalaccountability. more WhatIsAffirmativeAction?Definition,HowItWorks,andExample Affirmativeactionisaseriesofpoliciesthataimstoincreasetheopportunitiesprovidedtounderrepresentedmembersofsociety. more WhatanOmbudsmanDoes,Types,Pros&Cons Anombudsmanisanofficialwhoinvestigatescomplaints(usuallylodgedbyprivatecitizens)againstbusinesses,publicentities,orofficials. more WhatDoestheWorldEconomicForum(WEF)Do? TheWorldEconomicForum(WEF)holdsayearlyconferenceinDavos,Switzerland,forleadersinbusinessandpoliticstodiscussglobalissues. more WhatIsthePrisoner'sDilemmaandHowDoesItWork? Theprisoner'sdilemmaisaparadoxindecisionanalysisinwhichtwoindividualsactingintheirownself-interestsdonotproducetheoptimaloutcome. more PartnerLinks RelatedArticles FinancialCrime&Fraud Briberyvs.Lobbying:What'stheDifference? Government&Policy WhyLobbyingIsLegalandImportantintheU.S. Laws&Regulations WhichIndustrySpendstheMostonLobbying? Government&Policy WhatAretheDifferencesBetweenCommunismandSocialism? Entrepreneurs RainmakerDefinition Economy TheHistoryofUnionsintheUnitedStates
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