Capitalism does more harm than good, pre-Davos survey finds
This year was the first time the"Edelman Trust Barometer", which for two decades has polled tens of thousands of people on their trust in core institutions, sought to understand how capitalism itself was viewed.
This year was the first time the "Edelman Trust Barometer", which for two decades has polled tens of thousands of people on their trust in core institutions, sought to understand how capitalism itself was viewed. "People are questioning at that level whether what we have today, and the world we live in today, is optimised for their having a good future."
That conclusion has since been challenged by critics who point to everything from the rising influence of China to the spread of autocratic leaders, trade protectionism and worsening inequality in the wake of t he 2007/08 global financial crisis.On a national level, lack of trust in capitalism was highest in Thailand and India on 75% and 74% respectively, with France close behind on 69%. Majorities prevailed in other Asian, European, Gulf, African and Latin American states.
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