[lbo-talk] support for "free market" eroding

Seth Ackerman sethackerman1 at verizon.net
Tue Apr 15 11:05:47 PDT 2008


The line graph on p.1 of the report (pdf) is pretty striking. It's actually been a fairly steady decline in all countries since 2002.

http://www.worldpublicopinion.org/pipa/pdf/apr08/Free_Markets_April08_pr.pdf

Doug Henwood wrote:
> <http://www.worldpublicopinion.org/pipa/articles/home_page/471.php?
> lb=hmpg1&pnt=471&nid=&id=>
>
> Erosion of Support for Free Market System: Global Poll
>
> Supporters of Free Market Look for Strong Government Regulation
>
> Majorities in most countries continue to support the free market
> system, but over the last two years support has eroded in 10 of 18
> countries regularly polled by GlobeScan. In several countries this
> drop in support has been quite sharp.
>
> The latest polling was completed before the current stock market
> volatility that began earlier this year.
>
> Back in 2005 only one country polled--France--had more citizens
> disagreeing than agreeing with the statement that "the free
> enterprise system and free market economy is the best system on which
> to base the future of the world."
>
> Displacing France as the least supportive of the free market system
> today is Turkey where approval of the free market system has plunged
> from 47 percent in 2005 to 34 percent now, while opposition has risen
> from 36 to 41 percent.
>
> Support for free markets has also dropped 15 points in South Korea
> since 2005, though a majority (55%) continue to be supportive.
> Opposition there has jumped 20 points from 19 to 39 percent.
>
> Support among Chileans is also down 14 points since 2003 when
> Chileans were last polled on this question.
>
> Support in other countries is down by more modest though significant
> numbers: China (down 9 points), Britain (7 points), Brazil (7
> points), Mexico (6 points), and Kenya (6 points).
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