Capitalism - Research and data from Pew Research Center Americans see capitalism as giving people more opportunity and more freedom than socialism, while they see socialism as more likely to meet people’s basic needs, though these perceptions differ significantly by party Many Democrats say socialism meets people’s basic needs; Republicans say it restricts individual freedoms
Modest Declines in Positive Views of ‘Socialism’ and ‘Capitalism’ in U . . . Americans see capitalism as giving people more opportunity and more freedom than socialism, while they see socialism as more likely to meet people’s basic needs, though these perceptions differ significantly by party Many Democrats say socialism meets people’s basic needs; Republicans say it restricts individual freedoms
Americans’ Views of ‘Socialism’ and ‘Capitalism’ In Their Own Words . . . A similar share (20%) says that capitalism has an exploitative and corrupt nature, often hurting either people or the environment A smaller share of Americans who have negative views of capitalism (8%) mention that corporations and wealthy people undermine the democratic process by having too much power in political matters
Black Americans view capitalism more negatively than positively but . . . Four-in-ten Black adults held a very or somewhat positive view of capitalism in 2022, down from 57% in 2019 Views of capitalism also grew more negative among other racial and ethnic groups during this period, but the movement was particularly pronounced among Black Americans
China’s government may be communist, but its people embrace capitalism . . . While China’s government may be officially communist, the Chinese people express widespread support for capitalism Roughly three-quarters of the Chinese (76%) agree that most people are better off in a free market economy And since 2002, the Chinese have consistently been one of the strongest
FOR RELEASE September 19, 2022 - Pew Research Center How we did this Pew Research Center conducted this study to better understand how the public views socialism and capitalism For this analysis, we surveyed 7,647 adults from Aug 1-14, 2022 The survey was primarily conducted on the Center's nationally representative American Trends Panel, with an oversample of Hispanic adults from Ipsos' KnowledgePanel
Economic Inequality - Research and data from Pew Research Center Black Americans view capitalism more negatively than positively but express hope in Black businesses In an August 2022 survey, 54% of Black adults said they had a very or somewhat negative impression of capitalism, up from 40% in May 2019
Chapter 4. The Casualties: Faith in Hard Work and Capitalism The link between the work ethic and support for capitalism, discussed by German sociologist Max Weber, is borne out by the survey In 14 of 21 countries, those who have faith that hard work leads to economic success are also more likely to think people are better off in a market economy