A new BBC poll finds that only 11 percent of people questioned around the world — and 29,000 people were asked their opinions — think that free-market capitalism is a good thing. The rest believe in more government regulation. Only a small percentage of the world's population believes that capitalism works well and that more regulation will reduce efficiency.
One quarter of those asked said that capitalism is "fatally flawed." In France, 43% believe this. In Mexico, it is 38%. A majority believes that government should rob the rich to give money to poor countries. In only one country, Turkey, did a majority say that less government is better.
It gets even worse. While most Europeans and Americans think it was a good thing for the Soviet Union to disintegrate, people in India, Indonesia, Ukraine, Pakistan, Russia, and Egypt mostly think it was a bad thing. Yes, you read that right: millions freed from socialist slavery — bad thing.
One quarter of those asked said that capitalism is "fatally flawed." In France, 43% believe this. In Mexico, it is 38%. A majority believes that government should rob the rich to give money to poor countries. In only one country, Turkey, did a majority say that less government is better.
It gets even worse. While most Europeans and Americans think it was a good thing for the Soviet Union to disintegrate, people in India, Indonesia, Ukraine, Pakistan, Russia, and Egypt mostly think it was a bad thing. Yes, you read that right: millions freed from socialist slavery — bad thing.
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