While Americans are preached that "free market capitalism is the best path to prosperity," it appears that not everyone is buying it. Whether it is the failure of prosperity to trickle down (and the inequality that has been created) or just the herd-like need to be told what to do (and never take risks), Pew Research finds a stunning 25% of Americans do not believe people are better off in a free market system - implicitly preferring centrally-planned lives. Ironically, belief in the free market tends to be highest in developing countries while in Japan and Spain, a majority prefer to be managed than free.
Belief in the free market tends to be highest in developing countries (median of 71%). Nearly two-thirds or more in all nine of the developing economies surveyed agree that most people benefit from capitalism, including 80% of Bangladeshis, 75% of Ghanaians and 74% of Kenyans.
They must be the lazy uniformed low information hoodlums.
ReplyDeleteOr 9:06 the ones collecting social security, our biggest socialism program.
ReplyDeleteThats about the same number as hard core liberals. So why don't they just say 100% of liberals think socialism is the bees knees?
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