Strong Global Support For Free-Market System & More Regulation of Corporations
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  Strong Global Support For Free-Market System & More Regulation of Corporations
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Author Topic: Strong Global Support For Free-Market System & More Regulation of Corporations  (Read 591 times)
Frodo
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« on: June 15, 2006, 10:59:53 AM »

20 Nation Poll Finds Strong Global Consensus: Support for Free Market System, But Also More Regulation of Large Companies

A new poll of 20 countries from around the world finds a striking global consensus that the free market economic system is best, but that governments should also do more to regulate large companies. In all but one country polled, a majority or plurality agreed with the statement that “the free enterprise system and free market economy is the best system on which to base the future of the world.” On average, 61% agreed while 28% disagreed. The poll of 20,791 individuals was conducted by the international polling firm GlobeScan and analyzed in conjunction with the Program on International Policy Attitudes (PIPA) of the University of Maryland.



Ironically, the country that showed the highest level of support for the free enterprise system was China, with 74% agreeing that it is the best system. Others that were nearly as enthusiastic were the Philippines (73%), the US (71%), and India (70%).

France was the one country where most did not agree with this proposition. Only 36% of the French agreed that the free market economy is the best system, while 50% disagreed. Others that only showed plurality support for the proposition were Argentina (42% agree), Russia (43%), and Turkey (47%). In all other cases, agreement was 57% or higher.

At the same time, there is even greater consensus in favor of more government regulation of large companies. Solid majorities in every country favored more regulation of large companies to protect the rights of workers (mean 74%), the rights of consumers (mean 73%), and the environment (mean 75%). Support for more regulation reached at least two-thirds in every country except Russia and Germany, where support was consistently in the mid 50s, and South Korea, where 54% supported greater regulation to protect workers. In Russia, however, 17-18% favored more enforcement of existing regulations to protect workers, consumers and the environment. A majority in 15 of the 20 countries also favored greater government regulation to protect the rights of investors (mean 54%).



Broadly, most agreed that “The free enterprise system and free market economy work best in society's interests when accompanied by strong government regulations.” This view was endorsed by two out of three overall (65%). In 18 countries this was endorsed by a clear majority, with Indonesia (86%), the Philippines (77%), and China (76%) being the most definitive. It was endorsed by a plurality in Poland (47%) and attitudes were divided in South Korea (46% agreed, 43% disagreed). In not a single country did a plurality or majority disagree.

Steven Kull, director of PIPA, comments: “In one sense we are indeed facing what has been called ‘the end of history,’ in that there is now an extraordinary level of consensus about the best economic system. But this is not the victory of one side of the dialectic. While there is overwhelming support for free markets, there is also near-unanimous rejection of unbridled capitalism, with people around the world overwhelmingly favoring greater government regulation of large companies and more protection of workers and consumers.”
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Undisguised Sockpuppet
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« Reply #1 on: June 15, 2006, 04:35:28 PM »

Ok. I don't really trust big companies with unchecked power so that's a good sign(I oppose big government, big religion and big business).
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