Subscribe Login
Jamaica Observer
ePaper
The Edge 105 FM Radio Fyah 105 FM
Jamaica Observer
ePaper
The Edge 105 FM Radio Fyah 105 FM
    • Home
    • News
      • Latest News
      • Cartoon
      • International News
      • Central
      • North & East
      • Western
      • Environment
      • Health
      • #
    • Business
      • Business Bites
      • Social Love
    • Sports
      • Football
      • Basketball
      • Cricket
      • Horse Racing
      • World Champs
      • Commonwealth Games
      • FIFA World Cup
      • Olympics
      • #
    • Videos
    • Entertainment
      • Music
      • Movies
      • Art & Culture
      • Bookends
      • #
    • Lifestyle
      • Page2
      • Food
      • Tuesday Style
      • Food Awards
      • JOL Takes Style Out
      • Design Week JA
      • Black Friday
      • #
    • All Woman
      • Home
      • Relationships
      • Features
      • Fashion
      • Fitness
      • Rights
      • Parenting
      • Advice
      • #
    • Obits
    • Classifieds
      • Employment
      • Property
      • Motor Vehicles
      • Place an Ad
      • Obituaries
    • More
      • Games
      • Elections
      • Jobs & Careers
      • Study Centre
      • Jnr Study Centre
      • Letters
      • Columns
      • Advertorial
      • Editorial
      • Supplements
      • Webinars
    • Home
    • News
      • Latest News
      • Cartoon
      • International News
      • Central
      • North & East
      • Western
      • Environment
      • Health
      • #
    • Business
      • Business Bites
      • Social Love
    • Sports
      • Football
      • Basketball
      • Cricket
      • Horse Racing
      • World Champs
      • Commonwealth Games
      • FIFA World Cup
      • Olympics
      • #
    • Videos
    • Entertainment
      • Music
      • Movies
      • Art & Culture
      • Bookends
      • #
    • Lifestyle
      • Page2
      • Food
      • Tuesday Style
      • Food Awards
      • JOL Takes Style Out
      • Design Week JA
      • Black Friday
      • #
    • All Woman
      • Home
      • Relationships
      • Features
      • Fashion
      • Fitness
      • Rights
      • Parenting
      • Advice
      • #
    • Obits
    • Classifieds
      • Employment
      • Property
      • Motor Vehicles
      • Place an Ad
      • Obituaries
    • More
      • Games
      • Elections
      • Jobs & Careers
      • Study Centre
      • Jnr Study Centre
      • Letters
      • Columns
      • Advertorial
      • Editorial
      • Supplements
      • Webinars
  • Home
  • News
    • International News
  • Latest
  • Business
    • Business Bites
  • Cartoon
  • Games
  • Food Awards
  • Health
  • Entertainment
    • Bookends
  • Regional
  • Sports
    • Sports
    • World Cup
    • World Champs
    • Olympics
  • Videos
  • Career & Education
  • Classifieds
  • All Woman
  • Environment
  • Webinars
  • More
    • Football
    • Elections
    • Letters
    • Advertorial
    • Columns
    • Editorial
    • Supplements
  • Epaper
  • Design Week
Business
By Gary Peart  
October 2, 2010

Should we invest in our politicians?

Are politicians born or made? According to one pollster, the public in most modern societies is fairly evenly divided on the response to this question. There are those who broaden the choice by saying that political leadership may arises in 3 ways: one may be born with the talent for political leadership; one may emerge as a political leader as a result of a crisis or a period of great social change; and one may choose to become a political leader by studying and acquiring political leadership skills.

But, there appears to be general agreement that politicians represent the widest range of disciplines and other criteria than any other occupation in a society.

Strange bedfellows

Politics does indeed make strange bedfellows. A 2006 study of about 211,000 present and past politicians in the United States revealed that they represented close t o 20,000 occupations; age groups ranging from 16 years of age to about 100; male and female; all racial groups, though the minorities were under-represented in terms of their incidence in the general population.

In the United States, lawyers were the single largest group (4.8 percent) among the politicians. They were followed by: members of political families (1.8 percent); farmers (0.8 percent); banking and financial executives (0.5 percent); and teachers (0.5 percent).

Whether in the United States or Jamaica, Australia or Japan, all politicians seek investments from the general public by way of gifts or fundraising. And, there is widespread expectation that donors want government favours in return. This perception has led these and other countries to institute or contemplate public funding for campaign finance with allied disclosure components. In this way, it is hoped that avenues of corruption and bribery from outside private interests will be minimized if not eliminated. Grassroots funding from individuals usually is usually not affestd..

The qualities sought in Jamaican politicians

The incidence of lawyers in politics in the United States reflects the Jamaican circumstance proportionately. However, more than being lawyers, Jamaicans want their politicians to have certain cultural qualities, which were identified by a researcher about five years ago. By and large, the Jamaican public wants the Jamaican politician to:

* Have a “good” family name

* Have money or live like it

* Be aligned with the “right” people

* Own a business or have some business interest(s)

* Know how to campaign

* Know patois or at least some key phrases

* Know the latest dance moves on the podium – or learn how to fake them

* Show a humanitarian side. Promote things for poor people

More so than elsewhere, Jamaicans appear to want politicians they can look up to, someone they can believe is more perfect than themselves, while at the same time be their friends. They also expect the politician to focus on creating jobs, contributing to the enhancement of the overall economic activity and to the general welfare.

Politician’s principal loyalty

However, the politician’s principal loyalty is to his or her party. His or her chief preoccupation is to get re-elected. His or her good deeds are really by-products of the pressure and activities to get re-elected. He/she is accountable to the party for this and answerable in the same way that a CEO is to a corporation’s major shareholders.

When it comes to the character requirements that Jamaicans look for in their politicians, Jamaicans look for the same qualities that are sought and admired elsewhere: honesty; integrity; ability to be a team player; care for other’s feelings; and a person you would want to know and work with.

Warren Buffet has an interesting exercise for this, which he calls investing in people. When resumes come across his desk for jobs, he makes the first decision: Do I need to see this person? If the answer is affirmative, he will conduct the meeting as if he were making an investment decision. Would I want to own a 10 percent interest in this candidate long? Would I be inclined to sell short? Or, would I not buy at all? In other words, while it may not be an investment decision for a shares in the individual’s future, we can never escape making a comparable judgment about politicians or others in whom we place our trust.

The costs of establishing and operating the Electoral Commission as well as the eventual cost of funding campaign finance arrangements are, in essence investments in politicians, in the political process and in the general electorate.

Warren Buffet’s approach should remind us that a decision to hire staff or to finance benefits such as campaign finance reform schemes is an investment decisions from which we should expect a return of improved performance.

Gary Peart is the chief executive officer of Mayberry Investments Limited. You can email him at gary.peart@mayberryinv.com

{"website":"website"}{"jamaica-observer":"Jamaica Observer"}
0 Comments · Make a comment

ALSO ON JAMAICA OBSERVER

Leaders set blistering pace at Sandals US Travel Advisors Golf Tournament
Latest News, Sports
Leaders set blistering pace at Sandals US Travel Advisors Golf Tournament
ANDRE LOWE Sports content manager lowea@jamaicaobserver.com 
September 11, 2026
The Nicklaus team produced a remarkable opening round of 60 to establish an early lead at the 22nd staging of the Sandals US Travel Advisors Golf Tour...
{"jamaica-observer":"Jamaica Observer"}
‘Chicken’ killed in St Andrew police shootout; illegal gun seized
Latest News, News
‘Chicken’ killed in St Andrew police shootout; illegal gun seized
September 11, 2026
KINGSTON, Jamaica —A man was shot dead during a alleged confrontation with the police at Lincoln Alley in St Andrew on Friday morning. The dead man ha...
{"jamaica-observer":"Jamaica Observer"}
JPS Freezer Swap Initiative in Riverton Meadows empowers small business operators
Advertisement, Latest News, Social Love
JPS Freezer Swap Initiative in Riverton Meadows empowers small business operators
September 11, 2026
JPS, through its Community Renewal Department, has taken another step to empower residents in the Riverton Meadows community, more popularly known as ...
{"jamaica-observer":"Jamaica Observer"}
Jamaican boxers make weight ahead of Caribbean showdown
Latest News, News
Jamaican boxers make weight ahead of Caribbean showdown
September 11, 2026
GEORGETOWN, Guyana — Jamaicans Daniel Hylton and Toriano Nicholas have successfully made weight ahead of their respective bouts at the Caribbean Boxin...
{"jamaica-observer":"Jamaica Observer"}
CPFSA removes five abandoned babies from Spanish Town Hospital
Latest News, News
CPFSA removes five abandoned babies from Spanish Town Hospital
September 11, 2026
KINGSTON, Jamaica —The Child Protection and Family Services Agency (CPFSA) has removed all five babies who were previously abandoned by their parents ...
{"jamaica-observer":"Jamaica Observer"}
Latest News, News, Videos
Market Bag: Peppers hit $700, lettuce now $1,500 as food prices continue to soar
September 11, 2026
KINGSTON, Jamaica — Food prices continue to rise at the Coronation Market in downtown Kingston as farmers struggle with the effects of a worsening dro...
{"jamaica-observer":"Jamaica Observer"}
APB recovers $17.6m in stolen agriculture produce
Latest News, News
APB recovers $17.6m in stolen agriculture produce
September 11, 2026
KINGSTON, Jamaica   — The Agricultural Protection Branch (APB) of the Jamaica Constabulary Force (JCF) is reporting the recovery of more than $17.6 mi...
{"jamaica-observer":"Jamaica Observer"}
Cashan urges fans to ‘Take It Easy’ amid social media pressure
Entertainment, Latest News
Cashan urges fans to ‘Take It Easy’ amid social media pressure
September 11, 2026
Reggae singer Cashan is encouraging listeners to resist the pressure of social media and allow success to unfold naturally with her latest single, Tak...
{"jamaica-observer":"Jamaica Observer"}
❮ ❯

Polls

HOUSE RULES

  1. We welcome reader comments on the top stories of the day. Some comments may be republished on the website or in the newspaper; email addresses will not be published.
  2. Please understand that comments are moderated and it is not always possible to publish all that have been submitted. We will, however, try to publish comments that are representative of all received.
  3. We ask that comments are civil and free of libellous or hateful material. Also please stick to the topic under discussion.
  4. Please do not write in block capitals since this makes your comment hard to read.
  5. Please don't use the comments to advertise. However, our advertising department can be more than accommodating if emailed: advertising@jamaicaobserver.com.
  6. If readers wish to report offensive comments, suggest a correction or share a story then please email: community@jamaicaobserver.com.
  7. Lastly, read our Terms and Conditions and Privacy Policy

Recent Posts

Archives

Facebook
Twitter
Instagram
Tweets

Polls

Recent Posts

Archives

Logo Jamaica Observer
Breaking news from the premier Jamaican newspaper, the Jamaica Observer. Follow Jamaican news online for free and stay informed on what's happening in the Caribbean
Featured Tags
  • Editorial
  • Columns
  • Health
  • Auto
  • Business
  • Letters
  • Page2
  • Football
Categories
  • Business
  • Politics
  • Entertainment
  • Page2
  • Business
  • Politics
  • Entertainment
  • Page2
Ads
img
Jamaica Observer, © All Rights Reserved
  • Home
  • Contact Us
  • RSS Feeds
  • Feedback
  • Privacy Policy
  • Editorial Code of Conduct