Capitalism

People in many countries support foreign companies building factories in their own nation. But fewer support foreign firms buying domestic ones.

For many, “socialism” is a word that evokes a weakened work ethic, stifled innovation and excessive reliance on the government. For others, it represents a fairer, more generous society.

Republicans express intensely negative views of “socialism” and very positive views of “capitalism.” Majorities of Democrats view both terms positively.

As robots, automation and artificial intelligence perform more tasks and there is massive disruption of jobs, experts say a wider array of education and skills-building programs will be created to meet new demands.

The ultimate public verdict on a U.S.-EU trade and investment agreement has yet to be rendered, but on the eve of such negotiations, both Americans and Europeans seem disposed to try.

The economic euphoria in India over the last few years, inspired by the country’s seemingly inevitable march toward double-digit growth, has soured. Although still relatively upbeat compared with many other countries, the Indian public’s confidence in their country’s direction and future economic growth has declined significantly.

Add faith in the work ethic and in capitalism to the lengthening list of casualties from the Great Recession. Four years after the Lehman Brothers’ fiasco and the ensuing global economic downturn, the idea that effort in a competitive economy can lead to success is seriously questioned in a number of major economies, including Japan, Russia and Greece, especially among those who have suffered the most.

The economic mood is exceedingly glum around the world. Across the 21 countries surveyed, a median of just 27 percent think their national economy is doing well. Only in China, Germany, Brazil and Turkey do most people report that current national economic conditions are good.

Overview The recent Occupy Wall Street protests have focused public attention on what organizers see as the excesses of America’s free market system, but perceptions of capitalism – and even of socialism – have changed little since early 2010 despite the recent tumult. The American public’s take on capitalism remains mixed, with just slightly more […]

Overview Two decades after the Soviet Union’s collapse, Russians, Ukrainians, and Lithuanians are unhappy with the direction of their countries and disillusioned with the state of their politics. Enthusiasm for democracy and capitalism has waned considerably over the past 20 years, and most believe the changes that have taken place since 1991 have had a […]