It can still be worse
Professor U. Javeriana.02/25/2026 19:41 Updated: 02/25/2026 19:41
TL;DR
- The government's anti-enterprise policies are seen as a strategy to increase its chances of staying in power.
- Recent measures include a significant minimum wage hike, a wealth tax, and the nationalization of pension savings.
- These policies are described as confiscatory, selective, and damaging to productive capital and specific industries like finance and mining.
- The government's actions are perceived as undermining trust in financial institutions.
- The author advises businesses to support moderation and effectiveness in politics, not radicalism.
- Confronting the government or merely accommodating it are seen as ineffective strategies for businesses.