November 12, 2015

Capitalism, Poverty and Public Opinion

By Chelsea German
Polling suggests that the majority of Americans believe capitalism harms the poor, despite evidence that capitalism has been instrumental in reducing American as well as global poverty. In many cases, when people deride capitalism, they are actually thinking of “crony capitalism” or, more appropriately, “corporatism.” In a recent article for CapX, Marian Tupy analyzes in detail the state of American capitalism and how it aligns with public opinion.