Cory Aquino

Cory Aquino Restored democracy, supported the Filipino entrepreneurs The recent death of the former president Corazon C. Aquino has made us reminiscent of her major contribution in bringing back the democracy in our country. It was the democracy that we almost lost during the martial law era under the leadership of former Ferdinand Marcos. Her role in bringing back the democracy has carried along some other things. One of this is the flourishing of capitalism back in our economic system. According to entrebuff. com, capitalism cannot flourish without democracy.

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As mentioned in their article, Entrepreneurs for a free nation: Salamat President Cory, that democracy, as a form of government; and capitalism, an economic system, are facing the same battle of self-determination. Self determination, meaning in both systems, the individual is given the right to choose. For democracy, to choose the direction of the country by way of voting; and for capitalism, to choose where to invest and reap his/her own rewards or consequences. This is the reason why many entrepreneurs are thankful of her; because the flourishing of capitalism is made possible by brining back the democracy in our country.

Though the president has not been known for running her own business or becoming an entrepreneur, she has shown a lot of qualities for becoming one. First and most evident of all is her leadership. She was able to influence and bring the Filipinos together to a single goal, which is one of the qualities of a good manager. She also managed to stick to her goal, to restore democracy in our country, even if she has encountered a lot of difficulties along the way; such as several coup attempts against her government. She has persevered despite all of the challenges that she encountered.

Though the former president grew up in a prominent family, she was raised in learning values such as hard work and frugality from her parents and grandparents. These can also be considered as qualities of an entrepreneur. She even remembers to get a very small amount of allowances from her parents. And as the third child, she also experienced using hand-me down clothes from her older siblings. The former president has shown support for Filipino entrepreneurs even after her term. She served as the chairperson for the Benigno S. Aquino Jr.

Foundation, whose programs include microfinancing for entrepreneurs. Her support for entrepreneurs did not stop there. She has also established PinoyME movement in 1997, which stands for pinoy micro enterprise. Its main objective is poverty alleviation. It helps aspiring entrepreneurs, from the marginalized sector, have access to capital and assets. This, she believed, will be a channel by which they can rise out of poverty through their own efforts. This idea started when she became dismayed of the fact that most of the poor and powerless are most affected in deterioration of the electoral process.

She believes that this problem must be addressed to the basic level, by helping the poor regain their dignity through giving them decent livelihood. Truly, Corazon C. Aquino has made a major change in our country. By restoring and strengthening democracy, she has supported our free economic system of capitalism. This only shows us that in order to maintain our current economic state, we must also protect of government system of Democracy. This is the legacy that the former president has left for us Filipinos to cherish and preserve.

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