Sign Of The Times

Survey revealing high levels of approval for the capitalist system.
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SIGN OF THE TIMES

After surveying more than 2,500 Americans in 1980 and 1989, researchers at the University of Texas found a generally high level of approval of the capitalist system. For example, a majority of 77% in 1980 and 68% in 1989 agreed with the statement "Capitalism provides people with the highest living standard in the world." That's just about twice the percentage of people in a related study who knew what capitalism was; in fact, in that study more people than not gave a completely incorrect definition of capitalism. Chalk one up for American values -- but not for American schools.

-- Martha E. Mangelsdorf

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Last updated: Nov 1, 1990




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