Tuesday, July 14, 2015

Capitalism Wins Iran Deal, Not Politics


by Michael Keane

In the end, the lure of capitalism and wealth won over both sides when it came to striking a deal in Iran. There are many Fortune 500 companies like GE, Apple and other global companies that will benefit from Iran’s government opening up their markets. Iran now can also have the ability to sell more oil. Because so many people depend on the profits that these companies and commodities provide (including you and I), the benefit could not be ignored by either side or stopped by the extreme elements of each side. That is not to say that things can’t change. But it will take extreme measures in order to do so.  A link to the Wall Street Journal article is here.

The opponents of this bill will both yell and demand changes, especially the political figures. But one thing they will not do is sell shares of the companies involved in the trade aspect of the deal as they (and everyone else) know that the new market will provide profit and wealth growth. They will not even mention the economics of the deal. That is a clear indication that there will not be enough teeth in the bite to change the deal. There will be lots of positioning on the political side, but hardly any action.   

Trade and Commerce have been given an opportunity to thwart hard line patterns and create a higher level of peace. Let’s work towards pushing this forward in a responsible way as shareholders and continue promoting the benefits while guarding against the greed that Trade and Commerce can create. 


Opinions are that of the author and are not to be taken as to take action for or against any organization or person mentioned in the article. The Twitter handle is @keanevcc and the facebook page is KeaneVCC.

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