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Poll: Americans Like Free Markets More than Capitalism and Socialism More Than a Govt Managed Economy

Posted by Zenphamy 9 years, 11 months ago to Economics
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From the Article:

"A recent Reason-Rupe poll asked Americans to rate their favorability towards capitalism, socialism, a free market economy, and a government managed economy. Americans have the most favorable reaction to free markets (69%), followed by capitalism (55%), socialism (36%), and coming in last was a government managed economy (30%).

Fully 66 percent of Americans have an unfavorable opinion of an economy managed by the government while 58 percent have a negative view of socialism. Only 21 percent reported a negative opinion of free markets but nearly double that, 38 percent, have a negative view of capitalism."

Now for the good part. The Pollsters determined that the Americans that liked socialism didn't know the meaning of the word. They thought it meant Government goodies to the impoverished. Education works so well.


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  • Posted by gtebbe 9 years, 11 months ago in reply to this comment.
    I agree. But can we have it both ways? Aren't Capitalism and Socialism mutually exclusive? Some try to, "I'm a liberal republican." Or, "I'm a conservative socialist."

    I tend to think most individuals who are capable of critical thought are conservative whether they realize it or not.
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  • Posted by $ allosaur 9 years, 11 months ago in reply to this comment.
    My take from that poll--
    "Free market" must sound a bit better that "capitalism" to a kid who has been taught about robber barons and all those mean ole' corporations.
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  • Posted by Temlakos 9 years, 11 months ago
    They obviously don't understand what capitalism or socialism are. To my way of thinking:

    Capitalism = government keeps its hands off completely, and that means no special favors to anyone, big or small.

    Communism: the government owns it all.

    Socialism = everything in-between. That includes the quasi-socialism in which some players--big companies or big "populist" lobbies--buy special favors. The Nomenklatura (that's Russian for the Aristocracy of Pull) are still the Nomenklatura, whether Jim Taggart/Orren Boyle or Fred Kinnan dominates its membership.
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  • Posted by samrigel 9 years, 11 months ago
    Welcome to "No child left behind" and "Common Core". Obviously they are working as planned.
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  • Posted by samreginab 9 years, 11 months ago
    I have a nephew that graduated summa cum laude from UT. We were all excited for him. "What was your degree in?" "Global studies." What are you going to do with that?" "Oh, no. It was an end in itself. You don't do anything with it." As AW says, "You have aimed at nothing, and you have hit it."
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  • Posted by 9 years, 11 months ago in reply to this comment.
    I doubt they're getting any basic Econ, just Sociology and Humanities crap.

    But how about the numbers preferring Free Market and Capitalism? I think that's some positive change.
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  • Posted by 9 years, 11 months ago in reply to this comment.
    Yes, but I was impressed by the numbers preferring Free Market and Capitalism over both Socialism and Government Economy.
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  • Posted by freedomforall 9 years, 11 months ago
    "Among college-aged Americans, 58 percent report a positive view of socialism and 56 percent a positive view of capitalism. "
    Proof that higher education is only as effective as the chosen curriculum. Feed your horses sawdust and they will eventually die of starvation. It's going to take mass starvation to overcome the propaganda.
    Anyone in college remember Soviet USSR's magnificent success? That is the result of socialism, you ignorant, progressive, politically correct fools.

    Which way to Atlantis?
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  • Posted by khalling 9 years, 11 months ago
    This demonstrates well the fact that college aged are widely indoctrinated against capitalism. The fact they do not know its definition, yet are against it, makes me shake my head. The fact that they like the concept of socialism and do not understand that govt removes freedoms for it to work is also telling. what are they learning in basic econ classes anyway?
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  • Posted by Hiraghm 9 years, 11 months ago
    Huh?
    Capitalism IS the free market.
    Socialism IS a government managed economy...
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