Should businesspeople care about politics and policy?

Menachem Wecker is writing an article for US News & World Report about politics and business.

I want to see if I can get your perspective into his piece.

He’s looking for current M.B.A. students, folks thinking of applying to business school, business school professors, and people who hire M.B.A.’s.

So, what do you think?

  • Martin S.

    Just sent a leviathan, I kinda feel sorry for whoever has to read it.

  • http://mixergy.com Andrew Warner

    ;-)

  • Anonymous

    I did something similar but less than 700 words =D haha.  I’d be interested in hearing your thoughts on the question too martin.

  • Martin S.

    TL;DR version of mine: Yes, for two reasons: One, large business face just the same threat of bureaucracy governments do, but some of the former score much better at introducing new KPIs and processes to solve these problems. I’d love to see this knowledge gap filled, and somehow I doubt politicians are going to do anything about it without a “nudge” from their voters.
    Two, both in politics and economics, disruptive thinking is very much the exception. I’d argue that this tendency, combined with the lack of funding for new ideas, makes progress in these fields unbearably slow and leaves us with outdated and conflicting tools and models. If we want to solve this problem, I think the only person we can hope for is the “crazy” entrepreneur who may work years on the off-chance of seeing his vision become reality. Of course, actually changing the world instead of “just” introducing a new gizmo could be a strong motivator, so I hope my vision isn’t too utopian.

    Well, that’s still pretty long, but it should about summarize it.

  • Anonymous

    lol your interpretation was a lot more optimistic than mine. your view sounds like politics could help markets become more effective at creating businesses. i talked about how i follow politics because they’re great ways to find market inefficiency that lets you make above average gains because regulation has artificially made business more difficult. but also, how it sometimes could potentially allow unrealistic projects like greentech to be economically feasible through tax incentives.

    also, i’m asian so i’m used to seeing how governments change on whims that leave businesses by the wayside a lot of times. i’m watchful to make sure that i don’t get left unaware, holding the bag at the end of the day.

  • Anonymous

    lol your interpretation was a lot more optimistic than mine.  your view sounds like politics could help markets become more effective at creating businesses.  i talked about how i follow politics because they’re great ways to find market inefficiency that lets you make above average gains because regulation has artificially made business more difficult.  but also, how it sometimes could potentially allow unrealistic projects like greentech to be economically feasible through tax incentives.  
    also, i’m asian so i’m used to seeing how governments change on whims that leave businesses by the wayside a lot of times.  i’m watchful to make sure that i don’t get left unaware, holding the bag at the end of the day.

  • Martin S.

    Yeah, I’m working with a small number of economists on a new model of exchange and evaluation that might augment standard market theory. Probably far ahead of our time, though, but maybe we’ll find a bored billionaire willing to fund a model state. jk.

    I probably should look into Asian politics more, the area sounds equally fascinating and bizarre to me. The only country I’ve looked into so far is South Korea, and that’s just because I like Ha-Joon Chang’s writing.

  • Anonymous

    That sounds interesting. We should talk more about it and I could give you a background into Asia if you’re interested. My email is cameronkeng@gmail.com if you want.

  • http://mixergy.com Andrew Warner

    I love it!

  • http://www.amazon.com/Complete-Idiots-LinkedIn-Marketing-ebook/dp/B006FODZOS/ref=pd_rhf_dp_p_img_3 Jason Baudendistel

    I included my thoughts on how politics can effect business decisions such as taxes. I look forward to checking this out.