08) CAPITALISM IN THE
DOGHOUSE
People's Voice
Editorial
The ruling
class has tried to
whip up enthusiasm for its celebration of the fall of the Berlin Wall,
but people across the planet are very sceptical about the private
profit system. A new BBC World Service poll reports that only 11% of
the 29,000 people questioned across 27 countries responded that "free
market capitalism works well and increased regulation will make it less
efficient." Only in the U.S. and Pakistan did more than one in five
agree that capitalism works well as it stands.
Almost a
quarter (23% globally)
agreed that "capitalism is fatally flawed and a different economic
system is needed". That is the view of 43% in France, 38% in Mexico,
35% in Brazil, 30% in Ukraine, and 27% in Spain. Here in Canada, 20%
agreed, more than those who support the system as it stands. (Over 50%
of Canadians support "regulation and reform" of free-market capitalism.)
There is
strong support
everywhere for more equal distribution of wealth. That view was backed
by majorities in 22 of the 27 countries, especially in Latin America
(92% in Mexico, 91% in Chile, and 89% in Brazil). In 26 countries, the
majority want government to be more active in regulating business.
Interestingly, world opinion
over the former Soviet Union is divided between the imperialist
countries and the "global South." While the majority of Americans and
Europeans agreed that the end of the USSR was "mainly a good thing"
(79% in Germany, 76% in Britain and 74% in France), millions even in
this region took a different view. On the other hand, 70% of Egyptians,
61% of Russians, 54% of Ukrainians, and an average of about 40% in
Pakistan, India and Indonesia say the end of the Soviet Union was
"mainly a bad thing."
"It appears
that the fall of the
Berlin Wall in 1989 may not have been the crushing victory for
free-market capitalism that it seemed at the time," said Doug Miller,
chairman of polling firm GlobeScan which co-conducted the survey.
Too bad for
the bosses, but from
the viewpoint of the global working class, support for socialist
alternatives to capitalism is on the rise!