What is significant in this quotation is not the neglect of the fact that monopolistic and imperfect competition alike are in fact based on assumptions fully as individualistic as perfect competition, but rather the belief that group interests and group behavior are the primary forces in economic as well as in political behavior. The essence of this tradition in political science seems to be that one looks to group interests rather than to individual interests to see the basic forces at work in both the economy and the polity. For Commons and Latham alike, group interests are dominant, individual interests secondary.
I believe this paragraph is talking about politics and the work they do within a group. Working within a group consist of opinions, behavior and certain pressure. Working together brings unity and having group ideas as is believing in one thing. Having the group interest brings dominance to the politics but having one's thought is left as secondary. It seems as if this has been a traditional action that helps the group work together in bringing the economy to a better place.
I chose this paragraph because I can see how the pressure of a group coming to an understanding may bring one's belief and interest down. Sometimes if a group decision is persistent and strong some people may hold back their own personal opinion and agree with the group. When it comes to the political system I do question their decision; will this really bring a positive outcome in any economical decision that is made?
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