77% Have Favorable Opinion of Free Markets; 64% of Capitalism

Seventy-seven percent (77%) of voters nationwide have a favorable opinion of free markets. That figure includes 27% with a Very Favorable opinion.

A ScottRasmussen.com national survey found, however, that just 64% have a somewhat or very favorable opinion of capitalism. Interestingly, there is only a modest difference between perceptions of these terms among Republicans and Independents. However, there is a gap in perception among Democrats. Just 51% of Nancy Pelosi’s party have a positive view of capitalism but 70% say that about free markets (see question wording and crosstabs).

  • Sixty-three percent (63%) believe capitalism is at least somewhat fair. Seventy-four percent (74%) say that about free markets.
  • Sixty-one percent (61%) see capitalism as good for the middle class, a figure that jumps to 70% for free markets.
  • Just 37% believe capitalism is good for the poor. However, most (52%) believe that free markets are.

This national survey of 1,000 Registered Voters was conducted August 29-30, 2018 for ScottRasmussen.com by HarrisX, a leading research company specializing in online surveys (see Methodology). A split sample approach was used, with half the sample being asked about free markets and the other half about capitalism. An earlier split sample experiment found little difference in results between using the words climate change and global warming.

In relative terms, voters prefer capitalism over socialism by a 62% to 38% margin (data released earlier showed 42% with a favorable opinion of socialism). However, by an even larger margin–69% to 31%–voters prefer a free market economy over a government managed economy. Free markets are preferred by 81% of Republicans, 58% of Democrats, and 70% of Independents.

All data presented by ScottRasmussen.com is presented to enhance the public dialogue through data-driven analysis that explores the underlying currents of public opinion (read About Us). Receive the latest insights each day by signing up for Scott Rasmussen’s Morning Update

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Neither Scott Rasmussen nor ScottRasmussen.com has any relationship with Rasmussen Reports® (see About Us).

 

Posted in Poll Results

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