GET FREE E-MAIL UPDATES: SEND US YOUR EMAIL ADDRESS WITH SUBSCRIBE IN THE SUBJECT LINE
or subscribe to our
Twitter service

UNDERNEWS

Undernews is the online report of the Progressive Review, edited by Sam Smith, who covered Washington during all or part of one quarter of America's presidencies and edited alternative journals since 1964. The Review, which has been on the web since 1995, is now published from Freeport, Maine. See main page for full contents

November 14, 2009

A WORLD DISSATISFIED WITH CAPITALISM

World Public Opinion - Twenty years after the fall of the Berlin Wall, a new BBC World Service global poll finds that dissatisfaction with free market capitalism is widespread, with an average of only 11% across 27 countries saying that it works well and that greater regulation is not a good idea.

In only two countries do more than one in five feel that capitalism works well as it stands--the US (25%) and Pakistan (21%).

The most common view is that free market capitalism has problems that can be addressed through regulation and reform--a view held by an average of 51% of more than 29,000 people polled by GlobeScan - PIPA.

An average of 23% feel that capitalism is fatally flawed, and a new economic system is needed--including 43% in France, 38% in Mexico, 35% in Brazil and 31% in Ukraine.

Furthermore, majorities would like their government to be more active in owning or directly controlling their country's major industries in 15 of the 27 countries. This view is particularly widely held in countries of the former Soviet states of Russia (77%), and Ukraine (75%), but also Brazil (64%), Indonesia (65%), and France (57%).

Majorities support governments distributing wealth more evenly in 22 of the 27 countries --on average two out of three (67%) across all countries. In 17 of the 27 countries most want to see government doing more to regulate business--on average 56%.

2 Comments:

Anonymous Anonymous said...

Yes, well, the BBC would think that, wouldn't it? A protected entity financed with money coerced from every TV owner in Britain, whether or not they watch it is hardly going to be a huge supporter of free enterprise.

Of course, there is no such thing as free enterprise in the world today. Capitalism is highly-regulated everywhere . . . mostly to fund government programs with tax revenues or to boost political power and prestige. The failures of 'capitalism' are largely the unintended consequences of ill-considered or corrupted regulation.

November 14, 2009 2:26 AM  
Anonymous Anonymous said...

Whatever, Ron Paul. You really trust the business community that much? At least the government is accessible to everyone. We all get to vote.

Don't you have any constructive ideas? Or just sonbbish platitudes? Yeah, yeah, we've all heard the whole "the government is the source of all your problems" line. But there are plenty of examples of government programs accomplishing what they set out to do. European and Japanese health care are much better than our "free market" nonsense. And I prefer our "government run" fire department to the alternative.

We have to organize somehow. You want roads, water, power, scientists, engineers, doctors, etc? Your internet connection needed an infastructure that the free market is just not equipped to build and maintain.

You ever stop to think that maybe there are solutions that don't fit the capitalist/communist paradigm? Like democracy?

November 15, 2009 2:39 AM  

Post a Comment

<< Home