Keller @ Large: Will Giving Business Free Reign Be Good For All Of Us?

BOSTON (CBS) - The chattering classes are all in a tizzy about President-elect Trump's nomination of Rex Tillerson, the CEO of Exxon Mobil, to be secretary of state.

And they have good reason to be, but not necessarily for the reasons you're hearing.

The focus has been on Tillerson's longstanding relationship with Russian strongman Vladimir Putin, justifiably so. Tillerson opposed U.S. and European sanctions against Russia after it invaded Crimea a few years back, because those sanctions blew up a multi-billion dollar oil deal he had cut with Putin.

As Sen. Marco Rubio, who will cast a key vote on the Tillerson nomination, puts it: "The next secretary of state must be someone who views the world with moral clarity, is free of potential conflicts of interest, has a clear sense of America's interests, and will be a forceful advocate for America's foreign policy goals."

Unsaid but implied: not just a businessman on the make.

But what interests me even more than all this about Tillerson is that his appointment signals Trump's total commitment to giving the private sector everything they've wanted for years – relief from policy-driven sanctions, regional trade deals, high tax rates and expansive government regulation.

It seems Trump believes that by giving these capitalists the green light, he can touch off an economic boom.

And maybe he's right.

What's the old saying? The business of America is business.

But while many business people are also good, altruistic citizens concerned with their communities, some are not.

And that means the big question is – by giving business free reign, will Trump make it rain for just the select few, or for everyone?

Listen to Jon's commentary: