Monday, November 09, 2009

Capitalism

Around the world there are increasing numbers of people who see that completely unregulated, wild-west capitalism is the problem, not the solution.

This article from the Netherlands discusses a BBC survey about capitalism:


* BBC poll: capitalism is less popular
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An increasing number of people throughout the world are dissatisfied with capitalism and believe wealth should be more evenly distributed. A poll held by the BBC world service in 27 countries reveals that attitudes have changed since the fall of the Berlin wall in 1989. Just over 29,000 people took part in the survey.
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In 1989 capitalism was seen as the ideal system, but now most people asked believe it needs to be reformed; just 11 percent of those questioned said it was working well. Only in the United States and Pakistan did more than one in five say that capitalism was working well and had no need of reform.

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In almost all other countries a majority think the government has a greater role to play in the economy. According to the researchers this is mainly because of this year's global economic crisis.
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Opinions about the collapse of the Soviet Union are sharply divided; 80 percent of US respondents and 75 percent of those in Germany, France and Great Britain say it was a good thing. Almost 70 percent of Egyptian respondents believe the end of the Soviet empire was a bad thing and opinion in India, Kenya and Indonesia was sharply divided.
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The former eastern block countries are divided on the issue. A majority of Russians regretted the breakup of the Soviet Union and opinion in Ukraine is divided almost equally on the issue. A majority of people in the Czech Republic and Poland said it was a good thing.
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