Black Americans view capitalism more negatively than positively but express hope in Black businesses
In an August 2022 survey, 54% of Black adults said they had a very or somewhat negative impression of capitalism, up from 40% in May 2019.
Numbers, Facts and Trends Shaping Your World
In an August 2022 survey, 54% of Black adults said they had a very or somewhat negative impression of capitalism, up from 40% in May 2019.
Black Americans support significant reforms to or complete overhauls of several U.S. institutions to ensure fair treatment. Yet even as they assess inequality and ideas about progress, many are pessimistic about whether society and institutions will change in ways that would reduce racism.
68% of Black adults in the U.S. say they do not have enough income to lead the kind of life they want, but a majority are optimistic that they will one day.
Fewer than half of Black adults say they have a three-month emergency fund, and some have taken multiple jobs to make ends meet.
The vast majority of Asian Americans (81%) say violence against them is increasing, far surpassing the 56% of all U.S. adults who say the same.
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