The recent economic down turn in the past year have got people all over the globe asking that same question. They have seen just how badly the free markets are being manipulated by the “players” and that none of it was for the benefit of the people and the economy…the sole motivation was…GREED!
Recently the BBC took a poll on this subject and the findings could shock some of the people.
A global poll by the British Broadcasting Corporation’s World Service shows widespread disaffection with the capitalist free market, including a significant opposition to capitalism per se.
Conducted by GlobeScan/PIPA, the poll interviewed more than 29,000 people in 27 countries, between June 19 and October 13, 2009. These were in the United States, Canada, Mexico, Brazil, Panama, Costa Rica, Chile, Australia, Japan, Indonesia, Philippines, India, Pakistan, China, Russia, Ukraine, Turkey, Poland, Czech Republic, Germany, France, Italy, the UK, Spain, Nigeria, Egypt and Kenya.
The poll found that more than three in five respondents were opposed to free-market capitalism. Some 89 percent believed that capitalism was not working, with a majority of those questioned in 22 of the countries indicating strong support for government intervention to support greater regulation of business and the market, in favour of a more socially equitable division of wealth.
Almost a quarter of respondents believed that capitalism should be replaced by a “different system.”
Twenty-three percent believed capitalism was “fatally flawed.” An almost equal number of people questioned in France felt that capitalism had failed (43 percent), responding that its inadequacies could be resolved by greater regulation and reforms (47 percent). After France, the highest numbers supporting the replacement of capitalism were in Mexico (38 percent) and Brazil (35 percent). In the 12 countries highlighted on the BBC website, more than 10 percent in each nation supported this position. Those defending the present set-up were a minority in every instance.
This BBC poll found that in the USA one person in four believes the system is working.
I would have been interesting just what type of economic system did they think would be a better way to go….I am thinking that they, the responders, may not have any idea of which would be better….more like that the current one is NOT doing anything positive for the people or the economy.
Just a thought!
No comments:
Post a Comment