Browsing the archives for the capitalism tag.


Americans Distrust Government

Uncategorized, capitalsim, economy, socialism

Hundreds (if not thousands) of Tea Partys were held this week around the country to demonstrate popular objection to Obama’s massive spending and the anticipated equally massive tax increases to pay for it. In advance of this grassroots activity, the mainstream press announced that it would not report on the protests because it was a “non-event.” Conservative pundits were hardly surprised given the mainstream press’ reluctance to report on anything that runs counter to their cheerleading for Obama.

Once again, though, Obama and the press are out of step with the American people, while conservative sentiments continue to align with the citizenry. Recently, a
Rasmussen survey
found that 75% of America (a super majority) is distrustful of government, while only 7% support the “political class.” Specifically, the study found that most of the country:

  • Trusts the judgment of the American people more than they do the judgment of America’s political leaders.
  • Believes that the federal government has itself become a special interest group that looks out primarily for its own interest(s).
  • Believes government and big business work together in ways that hurt consumers and investors.

Underscoring these sentiments is another Rasmussen survey that found only 14% of Americans believe that the federal government will do a better job running the big three automakers than private industry. A full 67% believe the automakers will be worse off with the federal government in charge.

It should be noted that in each of these studies, a majority of Republicans AND a majority of Democrats side with the majority of Americans – these sentiments cut across party lines. This supports my assertion that most Americans do not understand conservatism and that most Americans hold views consistent with conservative principles.

In apparent contrast to this opinion, yet another Rasmussen survey found that barely half of all Americans believe that capitalism is better than socialism.

Looking deeper at capitalism/socialism preferences, the study found that people with investments, Republicans, and Americans with more life experience (older than 30 years) are decidedly in favor of capitalism. Even a small majority of democrats and people without investments prefer capitalism. The one demographic group that overwhelmingly prefers socialism is adults under 30 years.

Given that only 53% of Americans recognize the benefits of capitalism, how is it that 75% are distrustful of the government’s management of the economy? One possible explanation is that many/most people do not understand what the two terms mean or how they differ. The survey simply asked which system people preferred, capitalism or socialism; it did not attempt to define the two terms. Perhaps simple ignorance explains the apparent disparity between this survey and the others cited.

On this disparity, Rasmussen opines: “The fact that a ‘free-market economy’ attracts substantially more support than ‘capitalism’ may suggest some skepticism about whether capitalism in the United States today relies on free markets.” They support this position with added evidence that only 15% of Americans prefer a government-managed economy (a popular definition of socialism).

Which brings me back to my assertion that most Americans don’t understand conservatism and that most Americans hold views consistent with conservative principles. This is a lesson we conservatives can take to heart. When speaking with non-conservatives it is best to assume a certain level of political naiveté and find common ground, which usually exists since most people hold conservative values in their heart of hearts, and then build agreement on the underlying conservative principle(s).

Then, most important of all, resist the urge to accuse them of being a closet conservative!


No Comments