The Capitalist System
There is an unusual question in the YouGov opinion poll for today’s Sun*:
In general, do you think the capitalist system…
1. works well despite the bad behaviour of a minority; the government should intervene as little as possible; otherwise jobs and investment would go abroad and Britain would be worse off 10%
2. has some specific problems that need to be addressed by government action, but essentially works well at providing a prosperous economy for all in Britain 33%
3. has serious faults – the government needs to intervene actively to make sure it works well and fairly and should call the bluff of those who say this would be bad for our economy 30%
4. is completely broken and cannot be repaired. It needs to be replaced altogether if Britain is to be a fairer country and workers and consumers are not to be ripped off 11%
So that might be a narrow win for capitalism: 43% works well versus 41% not (or at least, not without active government intervention), although the question wording is rather confusingly elaborate. As a market socialist, I refer comrades to the musings of my excellent colleague, Tom Doran.
*The question wording in the online table has an error in it, duplicating option 3, which I have corrected above.Tagged in: capitalism, opinion polls
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