Americans are losing faith in the free market system. Doug Miller chairman of polling firm GlobeScan says American business is “close to losing its social contract” with average families where free market support has dropped from 76% to 44% in just one year.
…a new global opinion poll shows another, perhaps more serious form of damage: falling public support for capitalism. This is most marked in the country that used to epitomise free enterprise. In 2002, 80% of Americans agreed that the world’s best bet was the free-market system. By 2010 that support had fallen to 59%, only a little above the 54% average for the 25 countries polled.
How about we try “fair trade” for awhile.
