by Joel Wendland
A recent poll, whose results are posted at WorldPublicOpinion.org, shows that public support in 10 countries, including the US, China, German, the UK, Mexico, South Korea, Brazil, Chile, and Turkey, for the so-called free market system has seriously eroded between 2002 and 2007.
Ironically, three-quarters of those surveyed who said they continue to support the "free" market, also said that it works best with strong government regulation, higher than among those who have become more critical of the "free" market.
The results of this survey are huge. My guess is that the shift, which is also potentially ideological in nature, has quite a bit to do with the policies of the Bush administration as much as people seeing the effects of such policies imposed on them and their communities by international financial institutions and right-wing political parties over the past period.
China is likely a more complicated example, however. Your thoughts?