Politics and market sentiment - BusinessWorld Online

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OPINION | Politics and market sentiment [By Tony Samson] READ:

Even unlikely winners like the extreme left with its program of higher minimum wages, free everything for everyone, and the takeover of the private sector activities by government can be part of the discussion in a debate involving a survey frontrunner and those with asterisk ratings.

Yes, it matters who becomes president. Here are some examples of corporate attitudes on politics, and what limited role it should play in private business. Concentration should be on running the business. The economy will improve if the CEOs and major stockholders need not be bothered with paying homage to government leaders and remembering birthdays and what appropriate gifts to give. This alone reduces the cost of doing business and shifts the focus on efficiency and marketing for the private enterprise.

 

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