… The trends in globalization, wealth concentration, corporate profits, income and employment together raise a crucial question, one I first explored in a column a couple of years ago: Is the “legitimacy of free market capitalism in America facing fundamental challenges?”
This question is even more salient now.
A CNBC/Burson-Marsteller international survey released on Sept. 22 found that in the United States, the world’s free market leader, only 36 percent of the pubic described corporations as a source of hope, just under the 37 percent who described them as a source of fear. …
In addition, half (51 percent) of the United States sample said “’strong and influential’ corporations are ‘bad,’ even if they are promoting innovation and growth,” according to a summary of the survey by Don Baer, chairman and C.E.O. of Burson-Marsteller. CONT.
Thomas Edsall, New York Times